Union State Bank of West Salem in West Salem, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Union State Bank of West Salem in West Salem, Wisconsin (WI)
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Union State Bank of West Salem routing number info

Union State Bank of West Salem - Overview

  • General
  • FDIC Certificate #: 14560
    Status: Active
    Federal Reserve ID: 903754
    Date Established: August 25, 1903
    WWW: http://www.usbwestsalem.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 9097
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    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: 120 South Mill Street, West Salem, WI 54669
    County: La Crosse
    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): La Crosse, WI-MN (#3870)
    Core Based Statistical Area (CBSA): La Crosse, WI-MN (#29100)
    CBSA Metro Statistical Area: La Crosse, WI-MN (#29100)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $60.4 mil
    Equity capital: $7.9 mil
    Deposits held in domestic offices: $52.3 mil
    Return on assets (ROA): 0.75% ($0.5 mil)
    Quarterly return on assets: 0.61% ($0.4 mil)
    Return on Equity (ROE): 5.49% ($0.4 mil)
    Quarterly return on equity: 4.54% ($0.4 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.07% ($646.3 mil)
    Quarterly Pretax return on assets: 0.90% ($543.7 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
  • 14Total employees (full-time equivalent)
  • $60,406Total assets
  • $4,465Cash and due from depository institutions
  • $980Interest-bearing balances
  • $10,605Securities
  • $3,323Federal funds sold & reverse repurchase agreements
  • $39,672Net loans & leases
  • $480Loan loss allowance
  • $0Trading account assets
  • $1,304Bank premises and fixed assets
  • $144Other real estate owned
  • $0Goodwill and other intangibles
  • $60,406Life insurance assets
  • $893All other assets
  • $52,554Total liabilities and capital
  • $52,294Total liabilities
  • $44,123Total deposits
  • $52,294Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $260Subordinated debt
  • $7,852All other liabilities
  • $7,852Total equity capital
  • $7,852Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $1,600Surplus
  • $6,102Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $877Income earned, not collected on loans
  • $19Earning assets
  • $246Long-term assets (5+ years)
  • $54,580Average Assets, year-to-date
  • $4,819Average Assets, quarterly
  • $56,987Volatile liabilities
  • $58,380Insider loans
  • $37,247FHLB advances
  • $56,257Loans and leases held for sale
  • $363Unused loan commitments
  • $363Tier 1 (core) risk-based capital
  • $7,633Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,536Restructured Loans and leases
  • $231Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,806Total interest income
  • $558Total interest expense
  • $2,248Net interest income
  • $169Provision for loan and lease losses
  • $273Total noninterest income
  • $0Fiduciary activities
  • $134Service charges on deposit accounts
  • $0Trading account gains & fees
  • $139Additional noninterest income
  • $1,743Total noninterest expense
  • $881Salaries and employee benefits
  • $215Premises and equipment expense
  • $647Additional noninterest expense
  • $609Pre-tax net operating income
  • $0Securities gains (losses)
  • $182Applicable income taxes
  • $427Income before extraordinary items
  • $0Extraordinary gains - net
  • $427Net income attributable to bank
  • $0Net charge-offs
  • $427Cash dividends
  • $230Sale, conversion, retirement of capital stock, net
  • $360Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.33%Yield on earning assets
  • 1.06%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 3.31%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.07%Pretax return on assets
  • 5.49%Return on equity (ROE)
  • 0.86%Retained earnings to average equity (YTD only)
  • 0.57%Net charge-offs to loans
  • 73.48%Credit loss provision to net charge-offs
  • 3.38%Efficiency ratio
  • 69,139Assets per employee
  • 4.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 84.31%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 54.73%Noncurrent assets plus other real estate owned to assets
  • 1.69%Noncurrent loans to loans
  • 2.18%Net loans and leases to deposits
  • 75.86%Net loans and leases to core deposits
  • 81.15%Equity capital to assets
  • 13.00%Core capital (leverage) ratio
  • 13.57%Tier 1 risk-based capital ratio
  • 20.49%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $56,987Average earning assets
  • $7,778Average equity
  • $52,669Average loans

List of branches

  • 2 Wisconsin Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    09097Union State Bank Of West Salem120 South Mill Street, West Salem, WI 54669August 25, 1903Full Service Brick and Mortar
    1442364Union Station BranchHwy 16 And Cty M, West Salem, WI 54669June 02, 2003Full Service Brick and Mortar

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