The Bank of Fort Atkinson in Fort Atkinson, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 30, 1998

The Bank of Fort Atkinson in Fort Atkinson, Wisconsin (WI)
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The Bank of Fort Atkinson - Overview

General
FDIC Certificate #: 11597
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Johnson Bank (#20296)
Federal Reserve ID: 725143
Date Established: July 24, 1909
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 14237
FDIC's unique #: 7410
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: May 30, 1998
Last Structure Change Process Date: June 11, 1998
Last Data Update: June 11, 1998
Data Source Date: April 05, 2012
Location
Address: 200 Washington Street, Fort Atkinson, WI 53538
County: Jefferson
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Milwaukee
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Watertown-Fort Atkinson, WI (#48020)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $36.7 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
15Total employees (full-time equivalent)
$34,124Total assets
$2,219Cash and due from depository institutions
$0Interest-bearing balances
$12,392Securities
$529Federal funds sold & reverse repurchase agreements
$18,034Net loans & leases
$424Loan loss allowance
$0Trading account assets
$521Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$429All other assets
$34,124Total liabilities and capital
$30,072Total liabilities
$26,525Total deposits
$22,331Interest-bearing deposits
$26,525Deposits held in domestic offices
0.00%% insured (estimated)
$2,926Federal funds purchased & repurchase agreements
$0Trading liabilities
$210Other borrowed funds
$0Subordinated debt
$411All other liabilities
$4,052Total equity capital
$4,052Total bank equity capital
$4,052Perpetual preferred stock
$0Common stock
$240Surplus
$2,834Undivided profits
Memoranda
$978Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$307Earning assets
$0Long-term assets (5+ years)
$114Average Assets, year-to-date
$30,955Average Assets, quarterly
$2,459Volatile liabilities
$35,879Insider loans
$34,601FHLB advances
$3,236Loans and leases held for sale
$1,371Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,013Total unused commitments
$0Restructured Loans and leases
$21,923Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$2,765Total interest income
$1,169Total interest expense
$1,596Net interest income
$30Provision for loan and lease losses
$312Total noninterest income
$0Fiduciary activities
$106Service charges on deposit accounts
$0Trading account gains & fees
$206Additional noninterest income
$1,067Total noninterest expense
$620Salaries and employee benefits
$99Premises and equipment expense
$348Additional noninterest expense
$811Pre-tax net operating income
$54Securities gains (losses)
$246Applicable income taxes
$619Income before extraordinary items
$0Extraordinary gains - net
$619Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$68Sale, conversion, retirement of capital stock, net
$1,716Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.45%Yield on earning assets
3.57%Cost of funding earning assets
4.88%Net interest margin
0.95%Noninterest income to earning assets
3.26%Noninterest expense to earning assets
1.62%Net operating income to assets
1.73%Return on assets (ROA)
2.41%Pretax return on assets
14.99%Return on equity (ROE)
-26.57%Retained earnings to average equity (YTD only)
-0.32%Net charge-offs to loans
-44.12%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,922Assets per employee
2.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
277.22%Loss allowance to loans
2.30%Loss allowance to noncurrent loans
138.11%Noncurrent assets plus other real estate owned to assets
0.90%Noncurrent loans to loans
1.66%Net loans and leases to deposits
67.99%Net loans and leases to core deposits
68.25%Equity capital to assets
11.87%Core capital (leverage) ratio
11.14%Tier 1 risk-based capital ratio
17.90%Total risk-based capital ratio
Memoranda
$19Average assets
$35,879Average earning assets
$4,128Average equity
$32,712Average loans

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