FDIC Certificate #: 10740 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Royal Bank (#13454) Federal Reserve ID: 849544 Date Established: September 01, 1904 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 12549 FDIC's unique #: 6891 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: July 01, 1998 Last Structure Change Process Date: August 21, 1998 Last Data Update: August 21, 1998 Data Source Date: April 05, 2012
Location
Address: Main Street, Gays Mills, WI 54631 County: Crawford 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
Financial Summary
Total assets: $12.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
8Total employees (full-time equivalent)
$12,726Total assets
$1,165Cash and due from depository institutions
$678Interest-bearing balances
$2,936Securities
$650Federal funds sold & reverse repurchase agreements
$7,713Net loans & leases
$126Loan loss allowance
$0Trading account assets
$122Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$140All other assets
$12,726Total liabilities and capital
$11,526Total liabilities
$11,347Total deposits
$9,769Interest-bearing deposits
$11,347Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$179All other liabilities
$1,200Total equity capital
$1,200Total bank equity capital
$1,200Perpetual preferred stock
$0Common stock
$100Surplus
$600Undivided profits
Memoranda
$500Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$86Average Assets, year-to-date
$11,977Average Assets, quarterly
$719Volatile liabilities
$12,377Insider loans
$12,546FHLB advances
$300Loans and leases held for sale
$30Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$458Total unused commitments
$0Restructured Loans and leases
$7,848Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,090Total interest income
$411Total interest expense
$679Net interest income
$0Provision for loan and lease losses
$86Total noninterest income
$0Fiduciary activities
$64Service charges on deposit accounts
$0Trading account gains & fees
$22Additional noninterest income
$441Total noninterest expense
$222Salaries and employee benefits
$47Premises and equipment expense
$172Additional noninterest expense
$324Pre-tax net operating income
$1Securities gains (losses)
$118Applicable income taxes
$207Income before extraordinary items
$0Extraordinary gains - net
$207Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$8Sale, conversion, retirement of capital stock, net
$160Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.41%Yield on earning assets
3.55%Cost of funding earning assets
5.86%Net interest margin
0.74%Noninterest income to earning assets
3.81%Noninterest expense to earning assets
1.67%Net operating income to assets
1.67%Return on assets (ROA)
2.63%Pretax return on assets
17.73%Return on equity (ROE)
4.03%Retained earnings to average equity (YTD only)
-0.10%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
57,647Assets per employee
1.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.29%Loss allowance to loans
1.61%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
67.97%Net loans and leases to core deposits
69.82%Equity capital to assets
9.43%Core capital (leverage) ratio
9.40%Tier 1 risk-based capital ratio
15.20%Total risk-based capital ratio
Memoranda
$16Average assets
$12,377Average earning assets
$1,168Average equity
$11,588Average loans
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