Genoa State Bank in Genoa, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 21, 1994

Genoa State Bank in Genoa, Wisconsin (WI)
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Genoa State Bank - Overview

General
FDIC Certificate #: 15147
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of Ontario (#21085)
Federal Reserve ID: 728845
Date Established: January 01, 1909
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9517
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: May 21, 1994
Last Structure Change Process Date: June 07, 1994
Last Data Update: June 07, 1994
Data Source Date: April 05, 2012
Location
Address: Main Street, Genoa, WI 54632
County: Vernon
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Madison
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $5.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$6Total assets
$6,174Cash and due from depository institutions
$670Interest-bearing balances
$495Securities
$508Federal funds sold & reverse repurchase agreements
$425Net loans & leases
$4,304Loan loss allowance
$67Trading account assets
$0Bank premises and fixed assets
$66Other real estate owned
$0Goodwill and other intangibles
$201Life insurance assets
$0All other assets
$0Total liabilities and capital
$6,174Total liabilities
$5,650Total deposits
$5,495Interest-bearing deposits
$4,862Deposits held in domestic offices
5495.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$155Total equity capital
$155Total bank equity capital
$524Perpetual preferred stock
$0Common stock
$30Surplus
$270Undivided profits
Memoranda
$224Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$154Income earned, not collected on loans
$63Earning assets
$5,732Long-term assets (5+ years)
$233Average Assets, year-to-date
$5,891Average Assets, quarterly
$6,112Volatile liabilities
$600Insider loans
$56FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$50Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$524Total risk weighted assets
$4,245Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$493Total interest expense
$182Net interest income
$311Provision for loan and lease losses
$18Total noninterest income
$57Fiduciary activities
$0Service charges on deposit accounts
$32Trading account gains & fees
$0Additional noninterest income
$25Total noninterest expense
$232Salaries and employee benefits
$115Premises and equipment expense
$38Additional noninterest expense
$79Pre-tax net operating income
$118Securities gains (losses)
-$3Applicable income taxes
$35Income before extraordinary items
$80Extraordinary gains - net
$0Net income attributable to bank
$80Net charge-offs
$11Cash dividends
$75Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.98%Cost of funding earning assets
3.32%Net interest margin
5.67%Noninterest income to earning assets
1.04%Noninterest expense to earning assets
4.23%Net operating income to assets
1.39%Return on assets (ROA)
1.36%Pretax return on assets
1.95%Return on equity (ROE)
14.64%Retained earnings to average equity (YTD only)
0.92%Net charge-offs to loans
0.27%Credit loss provision to net charge-offs
163.64%Efficiency ratio
63,043Assets per employee
1.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
93.75%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
43.51%Noncurrent assets plus other real estate owned to assets
2.49%Noncurrent loans to loans
3.52%Net loans and leases to deposits
78.33%Net loans and leases to core deposits
87.93%Equity capital to assets
8.49%Core capital (leverage) ratio
8.52%Tier 1 risk-based capital ratio
12.34%Total risk-based capital ratio
Memoranda
$14Average assets
$5,891Average earning assets
$546Average equity
$5,490Average loans

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