Mid-Wisconsin Neillsville Bank in Neillsville, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 25, 1994

Mid-Wisconsin Neillsville Bank in Neillsville, Wisconsin (WI)
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Mid-Wisconsin Neillsville Bank - Overview

General
FDIC Certificate #: 8707
Status: Inactive
Closing history: Corrections
Acquiring institution: Mid-Wisconsin Bank (#13273)
Federal Reserve ID: 223649
Date Established: March 01, 1879
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 5540
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: March 25, 1994
Last Structure Change Process Date: April 28, 1994
Last Data Update: April 28, 1994
Data Source Date: April 05, 2012
Location
Address: 500 West Street, Neillsville, WI 54456
County: Clark
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
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $49.3 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)
$24Total assets
$49,344Cash and due from depository institutions
$2,491Interest-bearing balances
$100Securities
$12,628Federal funds sold & reverse repurchase agreements
$1,525Net loans & leases
$30,264Loan loss allowance
$373Trading account assets
$0Bank premises and fixed assets
$1,067Other real estate owned
$0Goodwill and other intangibles
$382Life insurance assets
$987All other assets
$0Total liabilities and capital
$49,344Total liabilities
$43,402Total deposits
$41,642Interest-bearing deposits
$38,024Deposits held in domestic offices
41642.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$1,367Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$393Total equity capital
$393Total bank equity capital
$5,942Perpetual preferred stock
$0Common stock
$400Surplus
$5,213Undivided profits
Memoranda
$329Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$224Income earned, not collected on loans
$137Earning assets
$44,517Long-term assets (5+ years)
$4,947Average Assets, year-to-date
$49,669Average Assets, quarterly
$48,873Volatile liabilities
$5,729Insider loans
$379FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,688Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,955Total risk weighted assets
$33,572Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$3,586Total interest expense
$1,549Net interest income
$2,037Provision for loan and lease losses
$100Total noninterest income
$226Fiduciary activities
$0Service charges on deposit accounts
$160Trading account gains & fees
$0Additional noninterest income
$66Total noninterest expense
$1,498Salaries and employee benefits
$695Premises and equipment expense
$213Additional noninterest expense
$590Pre-tax net operating income
$665Securities gains (losses)
$2Applicable income taxes
$240Income before extraordinary items
$427Extraordinary gains - net
$0Net income attributable to bank
$427Net charge-offs
$81Cash dividends
$200Sale, 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
8.04%Cost of funding earning assets
3.47%Net interest margin
4.56%Noninterest income to earning assets
0.51%Noninterest expense to earning assets
3.36%Net operating income to assets
0.86%Return on assets (ROA)
0.86%Pretax return on assets
1.34%Return on equity (ROE)
7.35%Retained earnings to average equity (YTD only)
3.91%Net charge-offs to loans
0.27%Credit loss provision to net charge-offs
123.46%Efficiency ratio
62,395Assets per employee
2.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.84%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
166.52%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.73%Net loans and leases to deposits
72.68%Net loans and leases to core deposits
81.18%Equity capital to assets
12.04%Core capital (leverage) ratio
10.17%Tier 1 risk-based capital ratio
14.76%Total risk-based capital ratio
Memoranda
$16Average assets
$49,669Average earning assets
$5,809Average equity
$44,624Average loans

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