FDIC Certificate #: 15129 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Amcore Bank, National Association, South Central (#5310) Federal Reserve ID: 212942 Date Established: May 15, 1901 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 11247 FDIC's unique #: 9501 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: November 13, 1998 Last Structure Change Process Date: January 27, 1999 Last Data Update: January 27, 1999 Data Source Date: April 05, 2012
Location
Address: 100 South First Street, Mount Horeb, WI 53572 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: $98.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
42Total employees (full-time equivalent)
$97,609Total assets
$3,095Cash and due from depository institutions
$185Interest-bearing balances
$23,842Securities
$2,330Federal funds sold & reverse repurchase agreements
$64,072Net loans & leases
$904Loan loss allowance
$0Trading account assets
$3,008Bank premises and fixed assets
$0Other real estate owned
$457Goodwill and other intangibles
$0Life insurance assets
$805All other assets
$97,609Total liabilities and capital
$89,257Total liabilities
$84,855Total deposits
$77,045Interest-bearing deposits
$84,855Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,341Other borrowed funds
$0Subordinated debt
$1,061All other liabilities
$8,352Total equity capital
$8,352Total bank equity capital
$8,352Perpetual preferred stock
$0Common stock
$450Surplus
$6,154Undivided profits
Memoranda
$1,748Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,459Earning assets
$0Long-term assets (5+ years)
$350Average Assets, year-to-date
$90,429Average Assets, quarterly
$5,414Volatile liabilities
$94,494Insider loans
$96,633FHLB advances
$4,582Loans and leases held for sale
$2,473Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,413Total unused commitments
$0Restructured Loans and leases
$72,284Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$7,227Total interest income
$3,839Total interest expense
$3,388Net interest income
$150Provision for loan and lease losses
$746Total noninterest income
$0Fiduciary activities
$211Service charges on deposit accounts
$0Trading account gains & fees
$535Additional noninterest income
$3,043Total noninterest expense
$1,585Salaries and employee benefits
$537Premises and equipment expense
$921Additional noninterest expense
$941Pre-tax net operating income
$0Securities gains (losses)
$236Applicable income taxes
$705Income before extraordinary items
$0Extraordinary gains - net
$705Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$308Sale, conversion, retirement of capital stock, net
$607Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.28%Yield on earning assets
4.40%Cost of funding earning assets
3.88%Net interest margin
0.85%Noninterest income to earning assets
3.49%Noninterest expense to earning assets
0.75%Net operating income to assets
0.75%Return on assets (ROA)
1.00%Pretax return on assets
8.67%Return on equity (ROE)
1.21%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
48.70%Credit loss provision to net charge-offs
3.54%Efficiency ratio
72,254Assets per employee
2.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
86.10%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
61.96%Noncurrent assets plus other real estate owned to assets
1.49%Noncurrent loans to loans
2.25%Net loans and leases to deposits
75.51%Net loans and leases to core deposits
79.82%Equity capital to assets
8.56%Core capital (leverage) ratio
8.19%Tier 1 risk-based capital ratio
10.86%Total risk-based capital ratio
Memoranda
$12Average assets
$94,494Average earning assets
$8,127Average equity
$87,287Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State Bank of Mount Horeb.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: