MidAmerica Bank Stoughton in city_name, state_name - Detailed Financial Reports, Location

MidAmerica Bank Stoughton in Stoughton, Wisconsin (WI)
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MidAmerica Bank Stoughton - Overview

General
FDIC Certificate #: 13374
Status: Inactive
Closing history: Corrections
Acquiring institution: MidAmerica Bank (#17006)
Federal Reserve ID: 341749
Date Established: September 25, 1877
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 8426
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: August 01, 1994
Last Structure Change Process Date: October 13, 1994
Last Data Update: April 05, 1996
Data Source Date: April 05, 2012
Location
Address: 911 West Main Street, Stoughton, WI 53589
County: Dane
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
Metropolitan Statistical Area (MSA): Madison, WI (#4720)
Combined Statistical Area (CSA): Madison-Baraboo, WI (#358)
Core Based Statistical Area (CBSA): Madison, WI (#31540)
CBSA Metro Statistical Area: Madison, WI (#31540)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $38.3 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$15Total assets
$37,140Cash and due from depository institutions
$3,069Interest-bearing balances
$1,299Securities
$17,731Federal funds sold & reverse repurchase agreements
$795Net loans & leases
$14,785Loan loss allowance
$159Trading account assets
$0Bank premises and fixed assets
$520Other real estate owned
$0Goodwill and other intangibles
$240Life insurance assets
$0All other assets
$0Total liabilities and capital
$37,140Total liabilities
$34,414Total deposits
$34,021Interest-bearing deposits
$29,682Deposits held in domestic offices
34021.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$200Subordinated debt
$0All other liabilities
$193Total equity capital
$193Total bank equity capital
$2,726Perpetual preferred stock
$0Common stock
$300Surplus
$1,700Undivided profits
Memoranda
$726Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$42Income earned, not collected on loans
$109Earning assets
$34,610Long-term assets (5+ years)
$7,531Average Assets, year-to-date
$35,972Average Assets, quarterly
$36,448Volatile liabilities
$822Insider loans
$367FHLB advances
$0Loans and leases held for sale
$72Unused loan commitments
$793Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,726Total risk weighted assets
$18,082Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$2,054Total interest expense
$886Net interest income
$1,168Provision for loan and lease losses
$0Total noninterest income
$311Fiduciary activities
$0Service charges on deposit accounts
$109Trading account gains & fees
$0Additional noninterest income
$202Total noninterest expense
$1,113Salaries and employee benefits
$428Premises and equipment expense
$187Additional noninterest expense
$498Pre-tax net operating income
$366Securities gains (losses)
$44Applicable income taxes
$136Income before extraordinary items
$274Extraordinary gains - net
$0Net income attributable to bank
$274Net charge-offs
$10Cash dividends
$369Sale, 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
6.12%Cost of funding earning assets
2.64%Net interest margin
3.48%Noninterest income to earning assets
0.93%Noninterest expense to earning assets
3.32%Net operating income to assets
0.68%Return on assets (ROA)
0.76%Pretax return on assets
1.14%Return on equity (ROE)
10.26%Retained earnings to average equity (YTD only)
-3.56%Net charge-offs to loans
0.07%Credit loss provision to net charge-offs
0.00%Efficiency ratio
75,254Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
134.67%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
378.57%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.28%Net loans and leases to deposits
43.46%Net loans and leases to core deposits
44.27%Equity capital to assets
7.34%Core capital (leverage) ratio
7.57%Tier 1 risk-based capital ratio
15.08%Total risk-based capital ratio
Memoranda
$16Average assets
$35,972Average earning assets
$2,669Average equity
$33,559Average loans

MidAmerica Bank Stoughton in Stoughton, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

MidAmerica Bank Stoughton - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

MidAmerica Bank Stoughton in Stoughton, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

MidAmerica Bank Stoughton - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

MidAmerica Bank Stoughton in Stoughton, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches