Marine Bank in Wauwatosa, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 26, 2009

  • Marine Bank in Wauwatosa, Wisconsin (WI)
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Marine Bank - Overview

  • General
  • FDIC Certificate #: 30187
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CIBM Bank (#11729)
    Federal Reserve ID: 998974
    Date Established: January 01, 1923
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    OTS Docket #: 4908
    FDIC's unique #: 43021
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 29, 1952
    Last Structure Change Effective Date: June 26, 2009
    Last Structure Change Process Date: July 01, 2009
    Last Data Update: July 01, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 2323 North Mayfair Road, Wauwatosa, WI 53226
    County: Milwaukee
    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): Milwaukee-Waukesha, WI (#5080)
    Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
    Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
    Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340)
    CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
  • Financial Summary
  • Total assets: $364.4 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, 2008)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $399,380Total assets
  • $11,347Cash and due from depository institutions
  • $1,600Interest-bearing balances
  • $107,171Securities
  • $11,220Federal funds sold & reverse repurchase agreements
  • $263,408Net loans & leases
  • $10,036Loan loss allowance
  • $0Trading account assets
  • $554Bank premises and fixed assets
  • $62Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,618All other assets
  • $399,380Total liabilities and capital
  • $367,692Total liabilities
  • $334,067Total deposits
  • $313,715Interest-bearing deposits
  • $334,067Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,618Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $26,500Other borrowed funds
  • $0Subordinated debt
  • $2,507All other liabilities
  • $31,688Total equity capital
  • $31,688Total bank equity capital
  • $31,688Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $54,360Undivided profits
  • Memoranda
  • $-23,672Noncurrent loans and leases
  • $66,581Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $8,173Earning assets
  • $0Long-term assets (5+ years)
  • $1,910Average Assets, year-to-date
  • $383,399Average Assets, quarterly
  • $83,798Volatile liabilities
  • $414,256Insider loans
  • $406,756FHLB advances
  • $140,169Loans and leases held for sale
  • $9Unused loan commitments
  • $26,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $66,581Total unused commitments
  • $0Restructured Loans and leases
  • $3,881Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $25,086Total interest income
  • $12,291Total interest expense
  • $12,795Net interest income
  • $14,741Provision for loan and lease losses
  • $238Total noninterest income
  • $0Fiduciary activities
  • $195Service charges on deposit accounts
  • $0Trading account gains & fees
  • $43Additional noninterest income
  • $9,679Total noninterest expense
  • $3,216Salaries and employee benefits
  • $1,088Premises and equipment expense
  • $5,375Additional noninterest expense
  • -$11,387Pre-tax net operating income
  • -$446Securities gains (losses)
  • $1,795Applicable income taxes
  • -$13,628Income before extraordinary items
  • $0Extraordinary gains - net
  • -$13,628Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $13,060Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.27%Yield on earning assets
  • 3.07%Cost of funding earning assets
  • 3.20%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 2.42%Noninterest expense to earning assets
  • -3.18%Net operating income to assets
  • -3.29%Return on assets (ROA)
  • -2.86%Pretax return on assets
  • -35.25%Return on equity (ROE)
  • -35.25%Retained earnings to average equity (YTD only)
  • 4.64%Net charge-offs to loans
  • 112.87%Credit loss provision to net charge-offs
  • 0.26%Efficiency ratio
  • 74,265Assets per employee
  • 9.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.67%Loss allowance to noncurrent loans
  • 122.79%Noncurrent assets plus other real estate owned to assets
  • 2.06%Noncurrent loans to loans
  • 2.99%Net loans and leases to deposits
  • 78.85%Net loans and leases to core deposits
  • 118.64%Equity capital to assets
  • 7.93%Core capital (leverage) ratio
  • 9.00%Tier 1 risk-based capital ratio
  • 12.03%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $414,256Average earning assets
  • $38,662Average equity
  • $400,155Average loans

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