FDIC Certificate #: 14520 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Royal Bank (#13454) Federal Reserve ID: 121044 Date Established: March 18, 1910 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 9073 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: June 26, 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: 109 Division Street, Cobb, WI 53526 County: Iowa 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 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: $14.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
7Total employees (full-time equivalent)
$16,248Total assets
$2,372Cash and due from depository institutions
$1,776Interest-bearing balances
$1,624Securities
$1,375Federal funds sold & reverse repurchase agreements
$9,858Net loans & leases
$139Loan loss allowance
$0Trading account assets
$196Bank premises and fixed assets
$0Other real estate owned
$605Goodwill and other intangibles
$0Life insurance assets
$218All other assets
$16,248Total liabilities and capital
$14,383Total liabilities
$14,186Total deposits
$12,776Interest-bearing deposits
$14,186Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$197All other liabilities
$1,865Total equity capital
$1,865Total bank equity capital
$1,865Perpetual preferred stock
$0Common stock
$70Surplus
$1,726Undivided profits
Memoranda
$69Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$80Earning assets
$0Long-term assets (5+ years)
$164Average Assets, year-to-date
$14,633Average Assets, quarterly
$0Volatile liabilities
$14,924Insider loans
$15,373FHLB advances
$1,214Loans and leases held for sale
$115Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$779Total unused commitments
$0Restructured Loans and leases
$10,740Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,186Total interest income
$544Total interest expense
$642Net interest income
$7Provision for loan and lease losses
$84Total noninterest income
$0Fiduciary activities
$54Service charges on deposit accounts
$0Trading account gains & fees
$30Additional noninterest income
$474Total noninterest expense
$202Salaries and employee benefits
$69Premises and equipment expense
$203Additional noninterest expense
$245Pre-tax net operating income
$0Securities gains (losses)
$92Applicable income taxes
$153Income before extraordinary items
$0Extraordinary gains - net
$153Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5Sale, conversion, retirement of capital stock, net
$150Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.96%Yield on earning assets
4.11%Cost of funding earning assets
4.85%Net interest margin
0.63%Noninterest income to earning assets
3.58%Noninterest expense to earning assets
1.03%Net operating income to assets
1.03%Return on assets (ROA)
1.64%Pretax return on assets
8.21%Return on equity (ROE)
0.16%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
140.00%Credit loss provision to net charge-offs
50.40%Efficiency ratio
58,402Assets per employee
2.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
98.04%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
173.75%Noncurrent assets plus other real estate owned to assets
0.49%Noncurrent loans to loans
0.80%Net loans and leases to deposits
69.49%Net loans and leases to core deposits
75.99%Equity capital to assets
11.48%Core capital (leverage) ratio
8.30%Tier 1 risk-based capital ratio
11.73%Total risk-based capital ratio
Memoranda
$13Average assets
$14,924Average earning assets
$1,863Average equity
$13,241Average loans
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