FDIC Certificate #: 15174 Status: Active Federal Reserve ID: 957047 Bank Holding Company (Regulatory Top Holder): Stratford Bancshares, Inc. (RSSDID: 1138713, Location: Stratford, WI) Date Established: December 11, 1908 WWW:http://www.stratfordbank.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) OTS Docket #: 14163 FDIC's unique #: 9539 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 307 Weber Avenue, Stratford, WI 54484 County: Marathon Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Eau Claire Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Wausau, WI (#8940) Combined Statistical Area (CSA): Wausau-Merrill, WI (#554) Core Based Statistical Area (CBSA): Wausau, WI (#48140) CBSA Metro Statistical Area: Wausau, WI (#48140)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $104.2 mil Equity capital: $11.8 mil Deposits held in domestic offices: $84.3 mil Return on assets (ROA): 0.65% ($0.7 mil) Quarterly return on assets: 0.68% ($0.7 mil) Return on Equity (ROE): 5.93% ($0.7 mil) Quarterly return on equity: 6.00% ($0.7 mil) Net income: $0.7 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.54% ($562.7 mil) Quarterly Pretax return on assets: 0.23% ($239.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$104,204Total assets
$2,051Cash and due from depository institutions
$131Interest-bearing balances
$38,607Securities
$6,504Federal funds sold & reverse repurchase agreements
$48,613Net loans & leases
$803Loan loss allowance
$0Trading account assets
$211Bank premises and fixed assets
$1,271Other real estate owned
$0Goodwill and other intangibles
$104,204Life insurance assets
$6,947All other assets
$92,441Total liabilities and capital
$84,328Total liabilities
$78,532Total deposits
$84,328Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,536Trading liabilities
$0Other borrowed funds
$1,577Subordinated debt
$11,763All other liabilities
$11,763Total equity capital
$11,763Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$3,000Surplus
$8,563Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$186Income earned, not collected on loans
$0Earning assets
$364Long-term assets (5+ years)
$93,855Average Assets, year-to-date
$21,877Average Assets, quarterly
$103,362Volatile liabilities
$103,631Insider loans
$64,723FHLB advances
$101,041Loans and leases held for sale
$2,614Unused loan commitments
$2,614Tier 1 (core) risk-based capital
$9,751Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,724Restructured Loans and leases
$2,977Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,095Total interest income
$1,005Total interest expense
$3,090Net interest income
$238Provision for loan and lease losses
$389Total noninterest income
$0Fiduciary activities
$68Service charges on deposit accounts
$0Trading account gains & fees
$321Additional noninterest income
$2,681Total noninterest expense
$1,062Salaries and employee benefits
$184Premises and equipment expense
$1,435Additional noninterest expense
$560Pre-tax net operating income
$0Securities gains (losses)
-$116Applicable income taxes
$676Income before extraordinary items
$0Extraordinary gains - net
$676Net income attributable to bank
$0Net charge-offs
$676Cash dividends
$259Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.41%Yield on earning assets
1.08%Cost of funding earning assets
3.33%Net interest margin
0.42%Noninterest income to earning assets
2.89%Noninterest expense to earning assets
0.65%Net operating income to assets
0.65%Return on assets (ROA)
0.54%Pretax return on assets
5.93%Return on equity (ROE)
5.93%Retained earnings to average equity (YTD only)
0.50%Net charge-offs to loans
91.89%Credit loss provision to net charge-offs
3.08%Efficiency ratio
77,062Assets per employee
6.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.62%Loss allowance to noncurrent loans
431.72%Noncurrent assets plus other real estate owned to assets
1.40%Noncurrent loans to loans
0.38%Net loans and leases to deposits
57.65%Net loans and leases to core deposits
76.15%Equity capital to assets
11.29%Core capital (leverage) ratio
9.65%Tier 1 risk-based capital ratio
15.07%Total risk-based capital ratio
Memoranda
$16Average assets
$103,362Average earning assets
$11,397Average equity
$92,864Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
9539
Stratford State Bank
307 Weber Avenue, Stratford, WI 54484
December 11, 1908
Full Service Brick and Mortar
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