FDIC Certificate #: 9041 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Waumandee State Bank (#10384) Federal Reserve ID: 165356 Date Established: August 11, 1906 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 5780 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: July 09, 2004 Last Structure Change Process Date: September 02, 2004 Last Data Update: September 02, 2004 Data Source Date: April 05, 2012
Location
Address: 46 South Main Street, Fountain City, WI 54629 County: Buffalo Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Eau Claire Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $21.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2003)
Dollar figures in thousands
6Total employees (full-time equivalent)
$21,403Total assets
$2,843Cash and due from depository institutions
$2,044Interest-bearing balances
$4,563Securities
$2,055Federal funds sold & reverse repurchase agreements
$11,757Net loans & leases
$169Loan loss allowance
$0Trading account assets
$67Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$118All other assets
$21,403Total liabilities and capital
$18,932Total liabilities
$18,859Total deposits
$17,016Interest-bearing deposits
$18,859Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$73All other liabilities
$2,471Total equity capital
$2,471Total bank equity capital
$2,471Perpetual preferred stock
$0Common stock
$200Surplus
$800Undivided profits
Memoranda
$1,471Noncurrent loans and leases
$609Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$54Earning assets
$0Long-term assets (5+ years)
$104Average Assets, year-to-date
$20,419Average Assets, quarterly
$172Volatile liabilities
$20,872Insider loans
$21,114FHLB advances
$300Loans and leases held for sale
$125Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$609Total unused commitments
$0Restructured Loans and leases
$166Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$1,116Total interest income
$350Total interest expense
$766Net interest income
$0Provision for loan and lease losses
$49Total noninterest income
$0Fiduciary activities
$42Service charges on deposit accounts
$0Trading account gains & fees
$7Additional noninterest income
$635Total noninterest expense
$385Salaries and employee benefits
$54Premises and equipment expense
$196Additional noninterest expense
$180Pre-tax net operating income
$0Securities gains (losses)
$32Applicable income taxes
$148Income before extraordinary items
$0Extraordinary gains - net
$148Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$148Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.63%Yield on earning assets
1.77%Cost of funding earning assets
3.87%Net interest margin
0.25%Noninterest income to earning assets
3.21%Noninterest expense to earning assets
0.71%Net operating income to assets
0.71%Return on assets (ROA)
0.86%Pretax return on assets
5.90%Return on equity (ROE)
0.00%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
77,914Assets per employee
3.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
100.00%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
312.96%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.45%Net loans and leases to deposits
62.34%Net loans and leases to core deposits
63.35%Equity capital to assets
11.55%Core capital (leverage) ratio
11.58%Tier 1 risk-based capital ratio
18.49%Total risk-based capital ratio
Memoranda
$20Average assets
$20,872Average earning assets
$2,510Average equity
$19,810Average loans
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