American Bank in Eau Claire, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 2005

  • American Bank in Eau Claire, Wisconsin (WI)
  • Show street view No street view available for this location

American Bank - Overview

  • General
  • FDIC Certificate #: 20557
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Alliance Bank (#10973)
    Federal Reserve ID: 575852
    Date Established: December 13, 1971
    WWW: http://www.americanbankec.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 11256
    FDIC's unique #: 14190
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 13, 1971
    Last Structure Change Effective Date: August 01, 2005
    Last Structure Change Process Date: August 23, 2005
    Last Data Update: August 23, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 2728 Mall Drive, Eau Claire, WI 54701
    County: Eau Claire
    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
    Metropolitan Statistical Area (MSA): Eau Claire, WI (#2290)
    Combined Statistical Area (CSA): Eau Claire-Menomonie, WI (#232)
    Core Based Statistical Area (CBSA): Eau Claire, WI (#20740)
    CBSA Metro Statistical Area: Eau Claire, WI (#20740)
  • Financial Summary
  • Total assets: $74.3 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, 2004)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $76,420Total assets
  • $4,467Cash and due from depository institutions
  • $26Interest-bearing balances
  • $6,508Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $64,227Net loans & leases
  • $672Loan loss allowance
  • $0Trading account assets
  • $539Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $679All other assets
  • $76,420Total liabilities and capital
  • $68,445Total liabilities
  • $67,598Total deposits
  • $61,505Interest-bearing deposits
  • $67,598Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $313Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $274Other borrowed funds
  • $0Subordinated debt
  • $260All other liabilities
  • $7,975Total equity capital
  • $7,975Total bank equity capital
  • $7,975Perpetual preferred stock
  • $0Common stock
  • $471Surplus
  • $2,529Undivided profits
  • Memoranda
  • $4,975Noncurrent loans and leases
  • $14,149Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $299Earning assets
  • $0Long-term assets (5+ years)
  • $297Average Assets, year-to-date
  • $70,761Average Assets, quarterly
  • $2,599Volatile liabilities
  • $71,549Insider loans
  • $73,076FHLB advances
  • $11,456Loans and leases held for sale
  • $2,183Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $457Total risk weighted assets
  • $14,149Total unused commitments
  • $0Restructured Loans and leases
  • $672Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $3,829Total interest income
  • $1,113Total interest expense
  • $2,716Net interest income
  • $72Provision for loan and lease losses
  • $519Total noninterest income
  • $0Fiduciary activities
  • $143Service charges on deposit accounts
  • $0Trading account gains & fees
  • $376Additional noninterest income
  • $1,999Total noninterest expense
  • $1,144Salaries and employee benefits
  • $262Premises and equipment expense
  • $593Additional noninterest expense
  • $1,164Pre-tax net operating income
  • $0Securities gains (losses)
  • $285Applicable income taxes
  • $879Income before extraordinary items
  • $0Extraordinary gains - net
  • $879Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $66Sale, conversion, retirement of capital stock, net
  • $60Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.74%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 4.07%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 1.23%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.63%Pretax return on assets
  • 11.61%Return on equity (ROE)
  • 10.81%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 109.09%Credit loss provision to net charge-offs
  • 18.73%Efficiency ratio
  • 61,793Assets per employee
  • 3.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.83%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 224.75%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.46%Net loans and leases to deposits
  • 95.01%Net loans and leases to core deposits
  • 113.22%Equity capital to assets
  • 10.44%Core capital (leverage) ratio
  • 11.08%Tier 1 risk-based capital ratio
  • 11.80%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $71,549Average earning assets
  • $7,573Average equity
  • $66,690Average loans

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