FDIC Certificate #: 2455 Status: Active Federal Reserve ID: 517441 Date Established: April 30, 1896 WWW:http://www.bankofbrodhead.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14788 FDIC's unique #: 1610 Numeric code: 13 Regulator: FED 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: 806 East Exchange, Brodhead, WI 53520 County: Green 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 Core Based Statistical Area (CBSA): Monroe, WI (#33820) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $128.2 mil Equity capital: $17.1 mil Deposits held in domestic offices: $105.4 mil Return on assets (ROA): 0.99% ($1.3 mil) Quarterly return on assets: 0.98% ($1.3 mil) Return on Equity (ROE): 7.35% ($1.2 mil) Quarterly return on equity: 7.17% ($1.2 mil) Net income: $1.2 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.36% ($1,743.4 mil) Quarterly Pretax return on assets: 1.33% ($1,704.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
30Total employees (full-time equivalent)
$128,189Total assets
$11,702Cash and due from depository institutions
$266Interest-bearing balances
$51,942Securities
$1,198Federal funds sold & reverse repurchase agreements
$59,944Net loans & leases
$803Loan loss allowance
$0Trading account assets
$925Bank premises and fixed assets
$0Other real estate owned
$100Goodwill and other intangibles
$128,189Life insurance assets
$2,378All other assets
$111,122Total liabilities and capital
$105,437Total liabilities
$86,600Total deposits
$105,437Interest-bearing deposits
$97Deposits held in domestic offices
3636.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,300Trading liabilities
$0Other borrowed funds
$749Subordinated debt
$17,067All other liabilities
$17,067Total equity capital
$17,067Total bank equity capital
$0Perpetual preferred stock
$750Common stock
$3,011Surplus
$13,306Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$60Income earned, not collected on loans
$29Earning assets
$1,440Long-term assets (5+ years)
$113,350Average Assets, year-to-date
$55,407Average Assets, quarterly
$122,067Volatile liabilities
$124,988Insider loans
$73,952FHLB advances
$126,070Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$16,025Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,730Restructured Loans and leases
$1,182Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,827Total interest income
$1,687Total interest expense
$4,140Net interest income
$120Provision for loan and lease losses
$587Total noninterest income
$0Fiduciary activities
$180Service charges on deposit accounts
$0Trading account gains & fees
$407Additional noninterest income
$2,948Total noninterest expense
$1,864Salaries and employee benefits
$239Premises and equipment expense
$845Additional noninterest expense
$1,659Pre-tax net operating income
$0Securities gains (losses)
$456Applicable income taxes
$1,203Income before extraordinary items
$0Extraordinary gains - net
$1,203Net income attributable to bank
$0Net charge-offs
$1,203Cash dividends
$35Sale, conversion, retirement of capital stock, net
$331Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.21%Yield on earning assets
1.51%Cost of funding earning assets
3.70%Net interest margin
0.52%Noninterest income to earning assets
2.64%Noninterest expense to earning assets
0.99%Net operating income to assets
0.99%Return on assets (ROA)
1.36%Pretax return on assets
7.35%Return on equity (ROE)
5.33%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
342.86%Credit loss provision to net charge-offs
50.83%Efficiency ratio
62,365Assets per employee
4.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
27.51%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
1338.33%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.10%Net loans and leases to deposits
56.85%Net loans and leases to core deposits
59.79%Equity capital to assets
13.31%Core capital (leverage) ratio
12.71%Tier 1 risk-based capital ratio
21.67%Total risk-based capital ratio
Memoranda
$23Average assets
$122,067Average earning assets
$16,361Average equity
$111,813Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1610
The Bank Of Brodhead
806 East Exchange, Brodhead, WI 53520
April 30, 1896
Full Service Brick and Mortar
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