FDIC Certificate #: 15156 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First Bank of Baldwin (#5336) Federal Reserve ID: 773359 Date Established: January 01, 1904 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 9526 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 04, 2007 Last Structure Change Process Date: September 19, 2007 Last Data Update: September 19, 2007 Data Source Date: April 05, 2012
Location
Address: Mckay And Akers Avenues, Spring Valley, WI 54767 County: Pierce 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): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
Financial Summary
Total assets: $53.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
14Total employees (full-time equivalent)
$55,274Total assets
$1,631Cash and due from depository institutions
$0Interest-bearing balances
$20,143Securities
$2,138Federal funds sold & reverse repurchase agreements
$26,356Net loans & leases
$415Loan loss allowance
$0Trading account assets
$745Bank premises and fixed assets
$0Other real estate owned
$3,814Goodwill and other intangibles
$0Life insurance assets
$447All other assets
$55,274Total liabilities and capital
$45,233Total liabilities
$45,134Total deposits
$38,660Interest-bearing deposits
$45,134Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$99All other liabilities
$10,041Total equity capital
$10,041Total bank equity capital
$10,041Perpetual preferred stock
$0Common stock
$135Surplus
$9,615Undivided profits
Memoranda
$291Noncurrent loans and leases
$1,004Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$155Earning assets
$0Long-term assets (5+ years)
$447Average Assets, year-to-date
$48,637Average Assets, quarterly
$3,452Volatile liabilities
$53,704Insider loans
$54,403FHLB advances
$3,580Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,004Total unused commitments
$0Restructured Loans and leases
$415Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$656Total interest income
$219Total interest expense
$437Net interest income
$0Provision for loan and lease losses
$45Total noninterest income
$0Fiduciary activities
$28Service charges on deposit accounts
$0Trading account gains & fees
$17Additional noninterest income
$266Total noninterest expense
$167Salaries and employee benefits
$19Premises and equipment expense
$80Additional noninterest expense
$216Pre-tax net operating income
$0Securities gains (losses)
$5Applicable income taxes
$211Income before extraordinary items
$0Extraordinary gains - net
$211Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$3,865Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.29%Yield on earning assets
0.43%Cost of funding earning assets
0.86%Net interest margin
0.09%Noninterest income to earning assets
0.53%Noninterest expense to earning assets
0.39%Net operating income to assets
0.39%Return on assets (ROA)
0.40%Pretax return on assets
2.41%Return on equity (ROE)
-41.75%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,187Assets per employee
3.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
1831.75%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
267.74%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.58%Net loans and leases to deposits
58.40%Net loans and leases to core deposits
63.43%Equity capital to assets
18.17%Core capital (leverage) ratio
13.27%Tier 1 risk-based capital ratio
18.46%Total risk-based capital ratio
Memoranda
$20Average assets
$53,704Average earning assets
$8,753Average equity
$50,658Average loans
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