FDIC Certificate #: 57504 Status: Active Federal Reserve ID: 3188712 Bank Holding Company (Regulatory Top Holder): Fox River Financial Corporation (RSSDID: 3592515, Location: Burlington, WI) Date Established: August 15, 2003 WWW:http://www.foxriverstatebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 364388 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: August 15, 2003 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 241 E. Jefferson Street, Burlington, WI 53105 County: Racine Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Milwaukee Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Racine, WI (#6600) Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63) Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376) Core Based Statistical Area (CBSA): Racine, WI (#39540) CBSA Metro Statistical Area: Racine, WI (#39540)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $92.7 mil Equity capital: $11.4 mil Deposits held in domestic offices: $81.1 mil Return on assets (ROA): -0.78% (-$0.7 mil) Quarterly return on assets: -2.17% (-$2.0 mil) Return on Equity (ROE): -6.69% (-$0.7 mil) Quarterly return on equity: -17.31% (-$1.9 mil) Net income: -$0.7 mil Quarterly Net income: -$0.5 mil Pretax return on assets: -1.28% (-$1,186.3 mil) Quarterly Pretax return on assets: -3.56% (-$3,299.5 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
17Total employees (full-time equivalent)
$92,682Total assets
$4,766Cash and due from depository institutions
$3,384Interest-bearing balances
$8,830Securities
$0Federal funds sold & reverse repurchase agreements
$67,004Net loans & leases
$1,879Loan loss allowance
$0Trading account assets
$2,453Bank premises and fixed assets
$5,674Other real estate owned
$306Goodwill and other intangibles
$92,682Life insurance assets
$3,649All other assets
$81,295Total liabilities and capital
$81,112Total liabilities
$72,586Total deposits
$81,112Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$46Trading liabilities
$0Other borrowed funds
$137Subordinated debt
$11,387All other liabilities
$11,387Total equity capital
$11,387Total bank equity capital
$0Perpetual preferred stock
$1,948Common stock
$13,113Surplus
$-3,674Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,573Income earned, not collected on loans
$0Earning assets
$275Long-term assets (5+ years)
$79,218Average Assets, year-to-date
$9,728Average Assets, quarterly
$95,719Volatile liabilities
$92,706Insider loans
$75,147FHLB advances
$88,779Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,438Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,246Restructured Loans and leases
$2,776Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,295Total interest income
$1,019Total interest expense
$3,276Net interest income
$710Provision for loan and lease losses
-$974Total noninterest income
$0Fiduciary activities
$75Service charges on deposit accounts
$0Trading account gains & fees
-$1,049Additional noninterest income
$2,844Total noninterest expense
$1,190Salaries and employee benefits
$301Premises and equipment expense
$1,353Additional noninterest expense
-$1,252Pre-tax net operating income
$23Securities gains (losses)
-$480Applicable income taxes
-$749Income before extraordinary items
$0Extraordinary gains - net
-$749Net income attributable to bank
$0Net charge-offs
-$749Cash dividends
$2,326Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.25%Yield on earning assets
1.25%Cost of funding earning assets
4.00%Net interest margin
-1.19%Noninterest income to earning assets
3.48%Noninterest expense to earning assets
-0.80%Net operating income to assets
-0.78%Return on assets (ROA)
-1.28%Pretax return on assets
-6.69%Return on equity (ROE)
-6.69%Retained earnings to average equity (YTD only)
3.21%Net charge-offs to loans
30.52%Credit loss provision to net charge-offs
-0.23%Efficiency ratio
123,545Assets per employee
5.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.73%Loss allowance to noncurrent loans
73.03%Noncurrent assets plus other real estate owned to assets
8.90%Noncurrent loans to loans
3.74%Net loans and leases to deposits
82.61%Net loans and leases to core deposits
85.07%Equity capital to assets
12.29%Core capital (leverage) ratio
9.50%Tier 1 risk-based capital ratio
11.23%Total risk-based capital ratio
Memoranda
$12Average assets
$95,719Average earning assets
$11,196Average equity
$81,822Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
364388
Fox River State Bank
241 E. Jefferson Street, Burlington, WI 53105
August 15, 2003
Full Service Brick and Mortar
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