FDIC Certificate #: 12787 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:State Bank of Cross Plains (#15091) Federal Reserve ID: 33549 Date Established: January 01, 1904 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 8100 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: May 08, 2010 Last Structure Change Process Date: May 21, 2010 Last Data Update: May 21, 2010 Data Source Date: April 05, 2012
Location
Address: 1030 Mills Street, Black Earth, WI 53515 County: Dane 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 Metropolitan Statistical Area (MSA): Madison, WI (#4720) Combined Statistical Area (CSA): Madison-Baraboo, WI (#358) Core Based Statistical Area (CBSA): Madison, WI (#31540) CBSA Metro Statistical Area: Madison, WI (#31540)
Financial Summary
Total assets: $44.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
11Total employees (full-time equivalent)
$45,574Total assets
$3,038Cash and due from depository institutions
$2,819Interest-bearing balances
$8,116Securities
$4,562Federal funds sold & reverse repurchase agreements
$27,896Net loans & leases
$792Loan loss allowance
$0Trading account assets
$423Bank premises and fixed assets
$409Other real estate owned
$0Goodwill and other intangibles
$125Life insurance assets
$1,130All other assets
$45,574Total liabilities and capital
$42,336Total liabilities
$42,204Total deposits
$35,877Interest-bearing deposits
$42,204Deposits held in domestic offices
93.57%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$132All other liabilities
$3,238Total equity capital
$3,238Total bank equity capital
$3,238Perpetual preferred stock
$0Common stock
$56Surplus
$1,944Undivided profits
Memoranda
$1,238Noncurrent loans and leases
$2,123Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,702Earning assets
$0Long-term assets (5+ years)
$185Average Assets, year-to-date
$43,393Average Assets, quarterly
$4,792Volatile liabilities
$45,252Insider loans
$45,320FHLB advances
$4,926Loans and leases held for sale
$200Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,123Total unused commitments
$0Restructured Loans and leases
$352Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$2,131Total interest income
$776Total interest expense
$1,355Net interest income
$1,073Provision for loan and lease losses
$188Total noninterest income
$0Fiduciary activities
$116Service charges on deposit accounts
$0Trading account gains & fees
$72Additional noninterest income
$1,564Total noninterest expense
$834Salaries and employee benefits
$116Premises and equipment expense
$614Additional noninterest expense
-$1,094Pre-tax net operating income
$0Securities gains (losses)
-$354Applicable income taxes
-$740Income before extraordinary items
$0Extraordinary gains - net
-$740Net income attributable to bank
$0Net charge-offs
-$740Cash dividends
$857Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.01%Yield on earning assets
1.83%Cost of funding earning assets
3.19%Net interest margin
0.44%Noninterest income to earning assets
3.68%Noninterest expense to earning assets
-1.64%Net operating income to assets
-1.64%Return on assets (ROA)
-2.42%Pretax return on assets
-20.31%Return on equity (ROE)
-20.31%Retained earnings to average equity (YTD only)
2.89%Net charge-offs to loans
125.20%Credit loss provision to net charge-offs
-0.02%Efficiency ratio
101,361Assets per employee
4.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.76%Loss allowance to noncurrent loans
29.31%Noncurrent assets plus other real estate owned to assets
6.83%Noncurrent loans to loans
9.42%Net loans and leases to deposits
66.10%Net loans and leases to core deposits
74.83%Equity capital to assets
7.10%Core capital (leverage) ratio
7.13%Tier 1 risk-based capital ratio
11.73%Total risk-based capital ratio
Memoranda
$13Average assets
$45,252Average earning assets
$3,643Average equity
$42,495Average loans
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