FDIC Certificate #: 34162 Status: Active Federal Reserve ID: 2371816 Bank Holding Company (Regulatory Top Holder): West Pointe Bancshares, Inc. (RSSDID: 2371807, Location: Oshkosh, WI) Date Established: April 22, 1996 WWW:http://www.westptebank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14672 FDIC's unique #: 56310 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: Commercial Lending Specialization Date of Deposit Insurance: April 22, 1996 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: 1750 Witzel Avenue, Oshkosh, WI 54901 County: Winnebago 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 Metropolitan Statistical Area (MSA): Appleton-Oshkosh-Neenah, WI (#460) Combined Statistical Area (CSA): Appleton-Oshkosh-Neenah, WI (#118) Core Based Statistical Area (CBSA): Oshkosh-Neenah, WI (#36780) CBSA Metro Statistical Area: Oshkosh-Neenah, WI (#36780)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $336.5 mil Equity capital: $41.9 mil Deposits held in domestic offices: $273.8 mil Return on assets (ROA): 0.97% ($3.3 mil) Quarterly return on assets: 0.89% ($3.0 mil) Return on Equity (ROE): 9.17% ($3.9 mil) Quarterly return on equity: 7.42% ($3.1 mil) Net income: $3.6 mil Quarterly Net income: $0.8 mil Pretax return on assets: 1.43% ($4,812.5 mil) Quarterly Pretax return on assets: 1.28% ($4,307.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
25Total employees (full-time equivalent)
$336,541Total assets
$2,557Cash and due from depository institutions
$102Interest-bearing balances
$40,381Securities
$7,228Federal funds sold & reverse repurchase agreements
$269,407Net loans & leases
$11,760Loan loss allowance
$0Trading account assets
$1,155Bank premises and fixed assets
$586Other real estate owned
$0Goodwill and other intangibles
$336,541Life insurance assets
$15,227All other assets
$294,646Total liabilities and capital
$273,845Total liabilities
$263,860Total deposits
$273,845Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$16,660Trading liabilities
$0Other borrowed funds
$4,141Subordinated debt
$41,895All other liabilities
$41,895Total equity capital
$41,895Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$9,683Surplus
$30,212Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,813Income earned, not collected on loans
$0Earning assets
$1,318Long-term assets (5+ years)
$317,118Average Assets, year-to-date
$33,843Average Assets, quarterly
$373,919Volatile liabilities
$347,083Insider loans
$259,999FHLB advances
$348,532Loans and leases held for sale
$6,394Unused loan commitments
$6,394Tier 1 (core) risk-based capital
$40,558Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$29,692Restructured Loans and leases
$9,340Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$18,171Total interest income
$4,743Total interest expense
$13,428Net interest income
$2,400Provision for loan and lease losses
$579Total noninterest income
$86Fiduciary activities
$125Service charges on deposit accounts
$0Trading account gains & fees
$368Additional noninterest income
$6,242Total noninterest expense
$3,453Salaries and employee benefits
$244Premises and equipment expense
$2,545Additional noninterest expense
$5,365Pre-tax net operating income
$0Securities gains (losses)
$1,725Applicable income taxes
$3,640Income before extraordinary items
$0Extraordinary gains - net
$3,640Net income attributable to bank
$0Net charge-offs
$3,640Cash dividends
$2,742Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.12%Yield on earning assets
1.34%Cost of funding earning assets
3.78%Net interest margin
0.16%Noninterest income to earning assets
1.76%Noninterest expense to earning assets
0.97%Net operating income to assets
0.97%Return on assets (ROA)
1.43%Pretax return on assets
9.17%Return on equity (ROE)
9.17%Retained earnings to average equity (YTD only)
0.87%Net charge-offs to loans
87.53%Credit loss provision to net charge-offs
2.83%Efficiency ratio
44,563Assets per employee
13.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.18%Loss allowance to noncurrent loans
308.42%Noncurrent assets plus other real estate owned to assets
1.60%Noncurrent loans to loans
1.36%Net loans and leases to deposits
98.38%Net loans and leases to core deposits
122.15%Equity capital to assets
12.45%Core capital (leverage) ratio
11.64%Tier 1 risk-based capital ratio
15.60%Total risk-based capital ratio
Memoranda
$17Average assets
$373,919Average earning assets
$39,687Average equity
$354,881Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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