State Bank of Florence in city_name, state_name - Detailed Financial Reports, Location

State Bank of Florence in Florence, Wisconsin (WI)
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State Bank of Florence routing number info

State Bank of Florence - Overview

General
FDIC Certificate #: 15146
Status: Active
Federal Reserve ID: 576354
Bank Holding Company (Regulatory Top Holder): Florence Bancorporation, Inc. (RSSDID: 1125432, Location: Florence, WI)
Date Established: January 01, 1891
WWW: http://www.florencestatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 14106
FDIC's unique #: 9516
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: May 16, 1935
Last Structure Change Effective Date: June 01, 2006
Last Structure Change Process Date: June 09, 2006
Last Data Update: June 09, 2006
Data Source Date: April 05, 2012
Location
Address: 541 Central Avenue, Florence, WI 54121
County: Florence
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Appleton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Iron Mountain, MI-WI (#27020)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $72.2 mil
Equity capital: $7.0 mil
Deposits held in domestic offices: $60.4 mil
Return on assets (ROA): 0.52% ($0.4 mil)
Quarterly return on assets: 0.58% ($0.4 mil)
Return on Equity (ROE): 5.79% ($0.4 mil)
Quarterly return on equity: 6.02% ($0.4 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.60% ($433.1 mil)
Quarterly Pretax return on assets: 0.76% ($548.6 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
23Total employees (full-time equivalent)
$72,182Total assets
$6,447Cash and due from depository institutions
$1,768Interest-bearing balances
$14,679Securities
$0Federal funds sold & reverse repurchase agreements
$44,521Net loans & leases
$826Loan loss allowance
$0Trading account assets
$2,473Bank premises and fixed assets
$650Other real estate owned
$0Goodwill and other intangibles
$72,182Life insurance assets
$3,412All other assets
$65,153Total liabilities and capital
$60,391Total liabilities
$53,430Total deposits
$60,391Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,000Trading liabilities
$0Other borrowed funds
$762Subordinated debt
$7,029All other liabilities
$7,029Total equity capital
$7,029Total bank equity capital
$0Perpetual preferred stock
$106Common stock
$3,000Surplus
$3,923Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,086Income earned, not collected on loans
$66Earning assets
$308Long-term assets (5+ years)
$60,968Average Assets, year-to-date
$21,481Average Assets, quarterly
$74,724Volatile liabilities
$72,525Insider loans
$53,176FHLB advances
$72,698Loans and leases held for sale
$1,764Unused loan commitments
$1,764Tier 1 (core) risk-based capital
$6,883Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,096Restructured Loans and leases
$643Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,766Total interest income
$908Total interest expense
$2,858Net interest income
$359Provision for loan and lease losses
$499Total noninterest income
$0Fiduciary activities
$78Service charges on deposit accounts
$0Trading account gains & fees
$421Additional noninterest income
$2,792Total noninterest expense
$1,181Salaries and employee benefits
$387Premises and equipment expense
$1,224Additional noninterest expense
$206Pre-tax net operating income
$241Securities gains (losses)
$55Applicable income taxes
$392Income before extraordinary items
$0Extraordinary gains - net
$392Net income attributable to bank
$0Net charge-offs
$392Cash dividends
$339Sale, conversion, retirement of capital stock, net
$169Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.91%Yield on earning assets
1.42%Cost of funding earning assets
4.48%Net interest margin
0.78%Noninterest income to earning assets
4.38%Noninterest expense to earning assets
0.24%Net operating income to assets
0.52%Return on assets (ROA)
0.60%Pretax return on assets
5.79%Return on equity (ROE)
3.29%Retained earnings to average equity (YTD only)
0.71%Net charge-offs to loans
105.90%Credit loss provision to net charge-offs
1.67%Efficiency ratio
83,169Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.11%Loss allowance to loans
1.82%Loss allowance to noncurrent loans
26.77%Noncurrent assets plus other real estate owned to assets
5.18%Noncurrent loans to loans
6.81%Net loans and leases to deposits
73.72%Net loans and leases to core deposits
93.00%Equity capital to assets
9.74%Core capital (leverage) ratio
9.47%Tier 1 risk-based capital ratio
12.94%Total risk-based capital ratio
Memoranda
$14Average assets
$74,724Average earning assets
$6,768Average equity
$63,752Average loans

List of branches

3 Wisconsin Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9516	State Bank Of Florence	541 Central Avenue, Florence, WI 54121	January 01, 1891	Full Service Brick and Mortar
1	432355	Aurora Branch	W627 Co Rd N, Niagara, WI 54151	September 27, 2004	Full Service Brick and Mortar
2	451654	Wausaukee Branch	290 Main Street, Wausaukee, WI 54177	June 05, 2006	Full Service Brick and Mortar

State Bank of Florence in Florence, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank of Florence - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

State Bank of Florence in Florence, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank of Florence - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

State Bank of Florence in Florence, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches