Valley Bank East in Kiel, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 26, 1993

Valley Bank East in Kiel, Wisconsin (WI)
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Valley Bank East - Overview

General
FDIC Certificate #: 12804
Status: Inactive
Closing history: Consolidated - Without Assistance
Acquiring institution: Bank Wisconsin (#9534)
Federal Reserve ID: 388249
Date Established: May 01, 1914
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 8108
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: March 26, 1993
Last Structure Change Process Date: July 23, 1993
Last Data Update: July 23, 1993
Data Source Date: April 05, 2012
Location
Address: 601 Fremont Street, Kiel, WI 53042
County: Manitowoc
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Appleton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Manitowoc, WI (#31820)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $40.0 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$20Total assets
$39,963Cash and due from depository institutions
$1,621Interest-bearing balances
$0Securities
$8,762Federal funds sold & reverse repurchase agreements
$3,088Net loans & leases
$24,472Loan loss allowance
$464Trading account assets
$0Bank premises and fixed assets
$74Other real estate owned
$133Goodwill and other intangibles
$512Life insurance assets
$1,301All other assets
$0Total liabilities and capital
$39,963Total liabilities
$35,206Total deposits
$34,666Interest-bearing deposits
$30,480Deposits held in domestic offices
34666.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$198Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$342Total equity capital
$342Total bank equity capital
$4,757Perpetual preferred stock
$0Common stock
$100Surplus
$4,095Undivided profits
Memoranda
$562Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$554Income earned, not collected on loans
$133Earning assets
$36,322Long-term assets (5+ years)
$1,785Average Assets, year-to-date
$39,603Average Assets, quarterly
$39,857Volatile liabilities
$399Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,694Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,456Total risk weighted assets
$23,789Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$2,967Total interest expense
$1,402Net interest income
$1,565Provision for loan and lease losses
$75Total noninterest income
$130Fiduciary activities
$0Service charges on deposit accounts
$77Trading account gains & fees
$0Additional noninterest income
$53Total noninterest expense
$1,096Salaries and employee benefits
$534Premises and equipment expense
$86Additional noninterest expense
$476Pre-tax net operating income
$524Securities gains (losses)
$0Applicable income taxes
$184Income before extraordinary items
$340Extraordinary gains - net
$0Net income attributable to bank
$340Net charge-offs
$145Cash dividends
$21Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.23%Cost of funding earning assets
3.89%Net interest margin
4.34%Noninterest income to earning assets
0.36%Noninterest expense to earning assets
3.04%Net operating income to assets
0.86%Return on assets (ROA)
0.86%Pretax return on assets
1.32%Return on equity (ROE)
7.43%Retained earnings to average equity (YTD only)
6.97%Net charge-offs to loans
0.59%Credit loss provision to net charge-offs
51.72%Efficiency ratio
57,876Assets per employee
2.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
6.18%Loss allowance to loans
1.86%Loss allowance to noncurrent loans
83.75%Noncurrent assets plus other real estate owned to assets
1.72%Noncurrent loans to loans
2.22%Net loans and leases to deposits
70.59%Net loans and leases to core deposits
71.01%Equity capital to assets
11.90%Core capital (leverage) ratio
9.03%Tier 1 risk-based capital ratio
14.53%Total risk-based capital ratio
Memoranda
$16Average assets
$39,603Average earning assets
$4,574Average equity
$36,062Average loans

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