Associated Bank Reedsburg in Reedsburg, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 19, 1998

Associated Bank Reedsburg in Reedsburg, Wisconsin (WI)
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Associated Bank Reedsburg - Overview

General
FDIC Certificate #: 15389
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Associated Bank South Central (#13237)
Federal Reserve ID: 329747
Date Established: December 03, 1935
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 10586
FDIC's unique #: 9710
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: May 29, 1936
Last Structure Change Effective Date: March 19, 1998
Last Structure Change Process Date: April 06, 1998
Last Data Update: April 06, 1998
Data Source Date: April 05, 2012
Location
Address: 170 East Main Street, Reedsburg, WI 53959
County: Sauk
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
Combined Statistical Area (CSA): Madison-Baraboo, WI (#358)
Core Based Statistical Area (CBSA): Baraboo, WI (#12660)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $144.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
35Total employees (full-time equivalent)
$144,313Total assets
$5,222Cash and due from depository institutions
$76Interest-bearing balances
$32,999Securities
$1,020Federal funds sold & reverse repurchase agreements
$100,423Net loans & leases
$2,280Loan loss allowance
$0Trading account assets
$1,228Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,421All other assets
$144,313Total liabilities and capital
$132,251Total liabilities
$118,177Total deposits
$106,053Interest-bearing deposits
$118,177Deposits held in domestic offices
0.00%% insured (estimated)
$6,250Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,000Other borrowed funds
$0Subordinated debt
$1,824All other liabilities
$12,062Total equity capital
$12,062Total bank equity capital
$12,062Perpetual preferred stock
$0Common stock
$180Surplus
$9,850Undivided profits
Memoranda
$2,032Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,750Earning assets
$0Long-term assets (5+ years)
$631Average Assets, year-to-date
$134,518Average Assets, quarterly
$24,858Volatile liabilities
$144,126Insider loans
$142,142FHLB advances
$26,532Loans and leases held for sale
$58Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$14,584Total unused commitments
$0Restructured Loans and leases
$96,212Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$10,766Total interest income
$6,484Total interest expense
$4,282Net interest income
$57Provision for loan and lease losses
$314Total noninterest income
$1Fiduciary activities
$146Service charges on deposit accounts
$0Trading account gains & fees
$167Additional noninterest income
$2,289Total noninterest expense
$1,211Salaries and employee benefits
$177Premises and equipment expense
$901Additional noninterest expense
$2,250Pre-tax net operating income
$0Securities gains (losses)
$610Applicable income taxes
$1,640Income before extraordinary items
$0Extraordinary gains - net
$1,640Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$239Sale, conversion, retirement of capital stock, net
$1,025Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.91%Yield on earning assets
4.77%Cost of funding earning assets
3.15%Net interest margin
0.23%Noninterest income to earning assets
1.68%Noninterest expense to earning assets
1.14%Net operating income to assets
1.14%Return on assets (ROA)
1.56%Pretax return on assets
14.25%Return on equity (ROE)
5.34%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
23.85%Credit loss provision to net charge-offs
9.65%Efficiency ratio
49,804Assets per employee
4.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.50%Loss allowance to loans
2.22%Loss allowance to noncurrent loans
130.29%Noncurrent assets plus other real estate owned to assets
1.21%Noncurrent loans to loans
1.70%Net loans and leases to deposits
84.98%Net loans and leases to core deposits
100.03%Equity capital to assets
8.36%Core capital (leverage) ratio
8.52%Tier 1 risk-based capital ratio
12.51%Total risk-based capital ratio
Memoranda
$14Average assets
$144,126Average earning assets
$11,512Average equity
$136,055Average loans

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