FDIC Certificate #: 35333 Status: Active Federal Reserve ID: 2857600 Bank Holding Company (Regulatory Top Holder): Oak Financial, Inc. (RSSDID: 2857598, Location: Fitchburg, WI) Date Established: August 14, 2000 WWW:http://www.oakbankonline.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 78239 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: August 14, 2000 Last Structure Change Effective Date: July 25, 2006 Last Structure Change Process Date: October 13, 2009 Last Data Update: October 13, 2009 Data Source Date: April 05, 2012
Location
Address: 5951 Mckee Road, Fitchburg, WI 53711 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)
Financial Summary
Total assets: $220.5 mil Equity capital: $22.3 mil Deposits held in domestic offices: $192.1 mil Return on assets (ROA): 0.91% ($2.0 mil) Quarterly return on assets: 0.76% ($1.7 mil) Return on Equity (ROE): 8.89% ($2.0 mil) Quarterly return on equity: 7.18% ($1.6 mil) Net income: $1.9 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.34% ($2,954.4 mil) Quarterly Pretax return on assets: 1.07% ($2,359.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
27Total employees (full-time equivalent)
$220,479Total assets
$32,697Cash and due from depository institutions
$28,120Interest-bearing balances
$27,255Securities
$0Federal funds sold & reverse repurchase agreements
$148,987Net loans & leases
$3,759Loan loss allowance
$0Trading account assets
$175Bank premises and fixed assets
$1,990Other real estate owned
$0Goodwill and other intangibles
$220,479Life insurance assets
$9,375All other assets
$198,221Total liabilities and capital
$192,081Total liabilities
$162,003Total deposits
$192,081Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,800Trading liabilities
$0Other borrowed funds
$2,340Subordinated debt
$22,258All other liabilities
$22,258Total equity capital
$22,258Total bank equity capital
$0Perpetual preferred stock
$1,400Common stock
$9,597Surplus
$11,261Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,015Income earned, not collected on loans
$63Earning assets
$719Long-term assets (5+ years)
$204,362Average Assets, year-to-date
$22,911Average Assets, quarterly
$212,279Volatile liabilities
$211,568Insider loans
$162,209FHLB advances
$210,636Loans and leases held for sale
$4,826Unused loan commitments
$4,826Tier 1 (core) risk-based capital
$21,729Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$37,846Restructured Loans and leases
$2,320Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,338Total interest income
$2,426Total interest expense
$6,912Net interest income
$1,009Provision for loan and lease losses
$1,622Total noninterest income
$0Fiduciary activities
$356Service charges on deposit accounts
$0Trading account gains & fees
$1,266Additional noninterest income
$4,685Total noninterest expense
$2,721Salaries and employee benefits
$440Premises and equipment expense
$1,524Additional noninterest expense
$2,840Pre-tax net operating income
$0Securities gains (losses)
$913Applicable income taxes
$1,927Income before extraordinary items
$0Extraordinary gains - net
$1,927Net income attributable to bank
$0Net charge-offs
$1,927Cash dividends
$751Sale, conversion, retirement of capital stock, net
$750Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.74%Yield on earning assets
1.23%Cost of funding earning assets
3.51%Net interest margin
0.82%Noninterest income to earning assets
2.38%Noninterest expense to earning assets
0.91%Net operating income to assets
0.91%Return on assets (ROA)
1.34%Pretax return on assets
8.89%Return on equity (ROE)
5.43%Retained earnings to average equity (YTD only)
0.48%Net charge-offs to loans
134.35%Credit loss provision to net charge-offs
5.13%Efficiency ratio
54,898Assets per employee
8.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.92%Loss allowance to loans
2.46%Loss allowance to noncurrent loans
46.90%Noncurrent assets plus other real estate owned to assets
4.54%Noncurrent loans to loans
5.25%Net loans and leases to deposits
77.56%Net loans and leases to core deposits
85.95%Equity capital to assets
10.10%Core capital (leverage) ratio
10.32%Tier 1 risk-based capital ratio
13.40%Total risk-based capital ratio
Memoranda
$15Average assets
$212,279Average earning assets
$21,677Average equity
$197,066Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
78239
Oak Bank
5951 Mckee Road, Fitchburg, WI 53711
August 14, 2000
Full Service Brick and Mortar
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