Ladysmith Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 28983 Status: Active Federal Reserve ID: 686570 Date Established: June 01, 1934 WWW:http://www.ladysmithfederal.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 2722 FDIC's unique #: 41817 Numeric code: 38 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: October 13, 1934 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 119 West 4th Street North, Ladysmith, WI 54848 County: Rusk 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
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $49.1 mil Equity capital: $4.6 mil Deposits held in domestic offices: $41.3 mil Return on assets (ROA): 0.62% ($0.3 mil) Quarterly return on assets: 0.87% ($0.4 mil) Return on Equity (ROE): 6.86% ($0.3 mil) Quarterly return on equity: 9.33% ($0.5 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.88% ($432.2 mil) Quarterly Pretax return on assets: 1.23% ($604.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
9Total employees (full-time equivalent)
$49,112Total assets
$3,481Cash and due from depository institutions
$2,173Interest-bearing balances
$16,580Securities
$0Federal funds sold & reverse repurchase agreements
$26,438Net loans & leases
$349Loan loss allowance
$0Trading account assets
$385Bank premises and fixed assets
$626Other real estate owned
$0Goodwill and other intangibles
$49,112Life insurance assets
$1,602All other assets
$44,465Total liabilities and capital
$41,257Total liabilities
$39,590Total deposits
$41,257Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,635Trading liabilities
$0Other borrowed funds
$573Subordinated debt
$4,647All other liabilities
$4,647Total equity capital
$4,647Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$4,647Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$952Income earned, not collected on loans
$0Earning assets
$176Long-term assets (5+ years)
$45,191Average Assets, year-to-date
$0Average Assets, quarterly
$48,028Volatile liabilities
$49,272Insider loans
$21,681FHLB advances
$48,961Loans and leases held for sale
$653Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,922Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,046Restructured Loans and leases
$392Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,847Total interest income
$665Total interest expense
$1,182Net interest income
$101Provision for loan and lease losses
$311Total noninterest income
$0Fiduciary activities
$12Service charges on deposit accounts
$0Trading account gains & fees
$299Additional noninterest income
$1,018Total noninterest expense
$539Salaries and employee benefits
$236Premises and equipment expense
$243Additional noninterest expense
$374Pre-tax net operating income
$49Securities gains (losses)
$124Applicable income taxes
$299Income before extraordinary items
$0Extraordinary gains - net
$299Net income attributable to bank
$0Net charge-offs
$299Cash dividends
-$136Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.20%Yield on earning assets
1.51%Cost of funding earning assets
2.69%Net interest margin
0.71%Noninterest income to earning assets
2.31%Noninterest expense to earning assets
0.55%Net operating income to assets
0.62%Return on assets (ROA)
0.88%Pretax return on assets
6.86%Return on equity (ROE)
6.86%Retained earnings to average equity (YTD only)
-0.53%Net charge-offs to loans
-74.26%Credit loss provision to net charge-offs
0.00%Efficiency ratio
68,185Assets per employee
5.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
36.66%Noncurrent assets plus other real estate owned to assets
3.21%Noncurrent loans to loans
3.55%Net loans and leases to deposits
64.08%Net loans and leases to core deposits
73.88%Equity capital to assets
9.46%Core capital (leverage) ratio
9.18%Tier 1 risk-based capital ratio
18.09%Total risk-based capital ratio
Memoranda
$19Average assets
$48,028Average earning assets
$4,357Average equity
$43,986Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
41817
Ladysmith Federal Savings And Loan A
119 West 4th Street North, Ladysmith, WI 54848
June 01, 1934
Full Service Brick and Mortar
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