Meridian Capital Bank, National Association in Milwaukee, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 13, 2002

  • Meridian Capital Bank, National Association in Milwaukee, Wisconsin (WI)
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Meridian Capital Bank, National Association - Overview

  • General
  • FDIC Certificate #: 18425
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Wisconsin, National Association (#18694)
    Federal Reserve ID: 469643
    Date Established: September 01, 1903
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 13015
    FDIC's unique #: 12330
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: July 27, 1961
    Last Structure Change Effective Date: July 13, 2002
    Last Structure Change Process Date: October 29, 2002
    Last Data Update: October 29, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 East Mason Street, Suite 100, Milwaukee, WI 53202
    County: Milwaukee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: San Francisco
    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: $89.6 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, 2001)

  • Dollar figures in thousands
  • 32Total employees (full-time equivalent)
  • $106,529Total assets
  • $3,786Cash and due from depository institutions
  • $6Interest-bearing balances
  • $15,353Securities
  • $15,200Federal funds sold & reverse repurchase agreements
  • $69,823Net loans & leases
  • $1,214Loan loss allowance
  • $0Trading account assets
  • $1,223Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,144All other assets
  • $106,529Total liabilities and capital
  • $95,953Total liabilities
  • $94,744Total deposits
  • $78,857Interest-bearing deposits
  • $94,744Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $114Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,095All other liabilities
  • $10,576Total equity capital
  • $10,576Total bank equity capital
  • $10,576Perpetual preferred stock
  • $0Common stock
  • $80Surplus
  • $10,020Undivided profits
  • Memoranda
  • $476Noncurrent loans and leases
  • $24,985Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $353Earning assets
  • $0Long-term assets (5+ years)
  • $481Average Assets, year-to-date
  • $100,382Average Assets, quarterly
  • $13,446Volatile liabilities
  • $98,643Insider loans
  • $108,147FHLB advances
  • $5,311Loans and leases held for sale
  • $5Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $811Total risk weighted assets
  • $24,985Total unused commitments
  • $0Restructured Loans and leases
  • $946Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $6,706Total interest income
  • $3,078Total interest expense
  • $3,628Net interest income
  • $160Provision for loan and lease losses
  • $784Total noninterest income
  • $0Fiduciary activities
  • $215Service charges on deposit accounts
  • $0Trading account gains & fees
  • $569Additional noninterest income
  • $4,395Total noninterest expense
  • $2,241Salaries and employee benefits
  • $352Premises and equipment expense
  • $1,802Additional noninterest expense
  • -$143Pre-tax net operating income
  • $10Securities gains (losses)
  • $24Applicable income taxes
  • -$157Income before extraordinary items
  • $0Extraordinary gains - net
  • -$157Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $17Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.17%Yield on earning assets
  • 3.29%Cost of funding earning assets
  • 3.88%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 4.70%Noninterest expense to earning assets
  • -0.17%Net operating income to assets
  • -0.16%Return on assets (ROA)
  • -0.13%Pretax return on assets
  • -1.72%Return on equity (ROE)
  • -1.72%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 941.18%Credit loss provision to net charge-offs
  • 1.00%Efficiency ratio
  • 99,615Assets per employee
  • 3.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 343.91%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 73.70%Net loans and leases to core deposits
  • 77.97%Equity capital to assets
  • 9.93%Core capital (leverage) ratio
  • 10.09%Tier 1 risk-based capital ratio
  • 13.51%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $98,643Average earning assets
  • $9,111Average equity
  • $93,524Average loans

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