Superior Savings Bank in Superior, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Superior Savings Bank in Superior, Wisconsin (WI)
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Superior Savings Bank routing number info

Superior Savings Bank - Overview

  • General
  • FDIC Certificate #: 28790
    Status: Active
    Federal Reserve ID: 575375
    Date Established: January 01, 1924
    WWW: http://www.ss-bank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 2368
    FDIC's unique #: 41624
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: September 18, 1951
    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: 1130 Tower Avenue, Superior, WI 54880
    County: Douglas
    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): Duluth-Superior, MN-WI (#2240)
    Core Based Statistical Area (CBSA): Duluth, MN-WI (#20260)
    CBSA Metro Statistical Area: Duluth, MN-WI (#20260)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $63.8 mil
    Equity capital: $10.4 mil
    Deposits held in domestic offices: $53.3 mil
    Return on assets (ROA): 0.33% ($0.2 mil)
    Quarterly return on assets: 0.21% ($0.1 mil)
    Return on Equity (ROE): 2.03% ($0.2 mil)
    Quarterly return on equity: 1.27% ($0.1 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.55% ($351.1 mil)
    Quarterly Pretax return on assets: 0.34% ($217.0 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
  • 21Total employees (full-time equivalent)
  • $63,831Total assets
  • $10,090Cash and due from depository institutions
  • $9,243Interest-bearing balances
  • $3,505Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $46,365Net loans & leases
  • $1,789Loan loss allowance
  • $0Trading account assets
  • $840Bank premises and fixed assets
  • $523Other real estate owned
  • $568Goodwill and other intangibles
  • $63,831Life insurance assets
  • $1,940All other assets
  • $53,403Total liabilities and capital
  • $53,297Total liabilities
  • $50,563Total deposits
  • $53,297Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $106Subordinated debt
  • $10,428All other liabilities
  • $10,428Total equity capital
  • $10,428Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $10,428Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $260Income earned, not collected on loans
  • $0Earning assets
  • $210Long-term assets (5+ years)
  • $59,113Average Assets, year-to-date
  • $6,914Average Assets, quarterly
  • $62,992Volatile liabilities
  • $64,390Insider loans
  • $39,623FHLB advances
  • $64,220Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,300Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,288Restructured Loans and leases
  • $887Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,944Total interest income
  • $338Total interest expense
  • $2,606Net interest income
  • $460Provision for loan and lease losses
  • $425Total noninterest income
  • $0Fiduciary activities
  • $69Service charges on deposit accounts
  • $0Trading account gains & fees
  • $356Additional noninterest income
  • $2,226Total noninterest expense
  • $1,098Salaries and employee benefits
  • $315Premises and equipment expense
  • $813Additional noninterest expense
  • $345Pre-tax net operating income
  • $0Securities gains (losses)
  • $135Applicable income taxes
  • $210Income before extraordinary items
  • $0Extraordinary gains - net
  • $210Net income attributable to bank
  • $0Net charge-offs
  • $210Cash dividends
  • $244Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.07%Yield on earning assets
  • 0.58%Cost of funding earning assets
  • 4.49%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 3.83%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.55%Pretax return on assets
  • 2.03%Return on equity (ROE)
  • 2.03%Retained earnings to average equity (YTD only)
  • 0.49%Net charge-offs to loans
  • 188.52%Credit loss provision to net charge-offs
  • 3.30%Efficiency ratio
  • 73,441Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.72%Loss allowance to noncurrent loans
  • 688.08%Noncurrent assets plus other real estate owned to assets
  • 1.23%Noncurrent loans to loans
  • 0.54%Net loans and leases to deposits
  • 86.99%Net loans and leases to core deposits
  • 90.23%Equity capital to assets
  • 16.34%Core capital (leverage) ratio
  • 16.04%Tier 1 risk-based capital ratio
  • 26.00%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $62,992Average earning assets
  • $10,326Average equity
  • $58,063Average loans

List of branches

  • 3 Wisconsin Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041624Superior Savings Bank1130 Tower Avenue, Superior, WI 54880January 01, 1924Full Service Brick and Mortar
    101270580Belknap Branch204 Belknap Street, Superior, WI 54880April 01, 1994Full Service Brick and Mortar
    102440727South Tower Avenue Branch3705 Tower Avenue, Superior, WI 54880May 18, 2005Full Service Brick and Mortar

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