Time Federal Savings Bank in Medford, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Time Federal Savings Bank in Medford, Wisconsin (WI)
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Time Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29294
    Status: Active
    Federal Reserve ID: 27070
    Date Established: Febuary 18, 1935
    WWW: http://www.timefederalsavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 3235
    FDIC's unique #: 42128
    Numeric code: 34
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: Febuary 18, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 675 E. Broadway Ave., Medford, WI 54451
    County: Taylor
    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
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $610.0 mil
    Equity capital: $102.8 mil
    Deposits held in domestic offices: $505.0 mil
    Return on assets (ROA): 1.35% ($8.2 mil)
    Quarterly return on assets: 1.14% ($7.0 mil)
    Return on Equity (ROE): 8.22% ($8.5 mil)
    Quarterly return on equity: 6.79% ($7.0 mil)
    Net income: $8.1 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 2.22% ($13,541.7 mil)
    Quarterly Pretax return on assets: 1.99% ($12,138.7 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
  • 67Total employees (full-time equivalent)
  • $609,985Total assets
  • $9,306Cash and due from depository institutions
  • $4,205Interest-bearing balances
  • $219,687Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $367,624Net loans & leases
  • $800Loan loss allowance
  • $0Trading account assets
  • $6,640Bank premises and fixed assets
  • $325Other real estate owned
  • $0Goodwill and other intangibles
  • $609,985Life insurance assets
  • $6,403All other assets
  • $507,172Total liabilities and capital
  • $504,982Total liabilities
  • $500,364Total deposits
  • $504,982Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,190Subordinated debt
  • $102,813All other liabilities
  • $102,813Total equity capital
  • $102,813Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $102,813Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $846Income earned, not collected on loans
  • $0Earning assets
  • $1,261Long-term assets (5+ years)
  • $591,516Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $601,163Volatile liabilities
  • $608,568Insider loans
  • $231,362FHLB advances
  • $610,041Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $102,869Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,382Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $26,396Total interest income
  • $6,510Total interest expense
  • $19,886Net interest income
  • $381Provision for loan and lease losses
  • $40Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $40Additional noninterest income
  • $6,376Total noninterest expense
  • $4,071Salaries and employee benefits
  • $990Premises and equipment expense
  • $1,315Additional noninterest expense
  • $13,169Pre-tax net operating income
  • $166Securities gains (losses)
  • $5,203Applicable income taxes
  • $8,132Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,132Net income attributable to bank
  • $0Net charge-offs
  • $8,132Cash dividends
  • $85Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.54%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 3.42%Net interest margin
  • 0.01%Noninterest income to earning assets
  • 1.10%Noninterest expense to earning assets
  • 1.34%Net operating income to assets
  • 1.35%Return on assets (ROA)
  • 2.22%Pretax return on assets
  • 8.22%Return on equity (ROE)
  • 8.22%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 448.24%Credit loss provision to net charge-offs
  • 159.41%Efficiency ratio
  • 31,998Assets per employee
  • 9.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.22%Loss allowance to noncurrent loans
  • 94.56%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 72.80%Net loans and leases to core deposits
  • 78.08%Equity capital to assets
  • 16.86%Core capital (leverage) ratio
  • 16.86%Tier 1 risk-based capital ratio
  • 44.46%Total risk-based capital ratio
  • Memoranda
  • $45Average assets
  • $601,163Average earning assets
  • $98,889Average equity
  • $581,838Average loans

List of branches

  • 5 Wisconsin Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042128Time Federal Savings Bank675 E. Broadway Ave., Medford, WI 54451Febuary 18, 1935Full Service Brick and Mortar
    1274320204 N Avon Ave Branch204 N Avon Ave, Phillips, WI 54555Febuary 18, 1935Full Service Brick and Mortar
    100274321Marshfield Branch810 North Central Avenue, Marshfield, WI 54449Febuary 18, 1935Full Service Brick and Mortar
    101274322249 W Third St Branch249 W Third St, Owen, WI 54460Febuary 18, 1935Full Service Brick and Mortar
    10227432317th Avenue Branch900 South 17th Avenue, Wausau, WI 54401June 30, 1989Full Service Brick and Mortar

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