Bank North in Crivitz, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank North - Overview

  • General
  • FDIC Certificate #: 15093
    Status: Active
    Federal Reserve ID: 12245
    Bank Holding Company (Regulatory Top Holder): Pwb Bancshares, Inc. (RSSDID: 1416747, Location: Wausaukee, WI)
    Date Established: January 01, 1903
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 12035
    FDIC's unique #: 9470
    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: January 20, 1934
    Last Structure Change Effective Date: September 19, 2006
    Last Structure Change Process Date: September 25, 2006
    Last Data Update: September 25, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 606 Henriette Avenue, Crivitz, WI 54114
    County: Marinette
    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): Marinette, WI-MI (#31940)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $116.7 mil
    Equity capital: $13.7 mil
    Deposits held in domestic offices: $94.2 mil
    Return on assets (ROA): 0.65% ($0.8 mil)
    Quarterly return on assets: 0.71% ($0.8 mil)
    Return on Equity (ROE): 5.63% ($0.8 mil)
    Quarterly return on equity: 6.08% ($0.9 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.88% ($1,026.6 mil)
    Quarterly Pretax return on assets: 1.00% ($1,166.6 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
  • 41Total employees (full-time equivalent)
  • $116,659Total assets
  • $2,137Cash and due from depository institutions
  • $42Interest-bearing balances
  • $32,395Securities
  • $359Federal funds sold & reverse repurchase agreements
  • $78,622Net loans & leases
  • $1,371Loan loss allowance
  • $0Trading account assets
  • $1,375Bank premises and fixed assets
  • $450Other real estate owned
  • $0Goodwill and other intangibles
  • $116,659Life insurance assets
  • $1,321All other assets
  • $102,936Total liabilities and capital
  • $94,220Total liabilities
  • $79,375Total deposits
  • $94,220Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 1084.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,900Trading liabilities
  • $0Other borrowed funds
  • $732Subordinated debt
  • $13,723All other liabilities
  • $13,723Total equity capital
  • $13,723Total bank equity capital
  • $0Perpetual preferred stock
  • $1,419Common stock
  • $3,581Surplus
  • $8,723Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $764Income earned, not collected on loans
  • $0Earning assets
  • $425Long-term assets (5+ years)
  • $111,418Average Assets, year-to-date
  • $40,599Average Assets, quarterly
  • $116,840Volatile liabilities
  • $117,739Insider loans
  • $71,098FHLB advances
  • $116,915Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,139Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,980Restructured Loans and leases
  • $3,040Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,542Total interest income
  • $831Total interest expense
  • $4,711Net interest income
  • $200Provision for loan and lease losses
  • $364Total noninterest income
  • $0Fiduciary activities
  • $221Service charges on deposit accounts
  • $0Trading account gains & fees
  • $143Additional noninterest income
  • $3,842Total noninterest expense
  • $2,239Salaries and employee benefits
  • $428Premises and equipment expense
  • $1,175Additional noninterest expense
  • $1,033Pre-tax net operating income
  • $0Securities gains (losses)
  • $274Applicable income taxes
  • $759Income before extraordinary items
  • $0Extraordinary gains - net
  • $759Net income attributable to bank
  • $0Net charge-offs
  • $759Cash dividends
  • $152Sale, conversion, retirement of capital stock, net
  • $391Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 0.75%Cost of funding earning assets
  • 4.23%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 3.45%Noninterest expense to earning assets
  • 0.65%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 5.63%Return on equity (ROE)
  • 2.73%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 131.58%Credit loss provision to net charge-offs
  • 8.11%Efficiency ratio
  • 75,704Assets per employee
  • 2.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.52%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 179.45%Noncurrent assets plus other real estate owned to assets
  • 1.04%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 83.45%Net loans and leases to core deposits
  • 90.19%Equity capital to assets
  • 11.76%Core capital (leverage) ratio
  • 11.24%Tier 1 risk-based capital ratio
  • 18.48%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $116,840Average earning assets
  • $13,475Average equity
  • $111,341Average loans

List of branches

  • 5 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09470Bank North606 Henriette Avenue, Crivitz, WI 54114January 01, 1903Full Service Brick and Mortar
    1233211Wausaukee Branch704 Main Street, Wausaukee, WI 54177December 14, 1944Full Service Brick and Mortar
    2233212Pembine BranchU.S. Highway 141, Pembine, WI 54156December 27, 1933Full Service Brick and Mortar
    3233213Amberg BranchW7912 Amberg Street, Amberg, WI 54102May 09, 1983Full Service Brick and Mortar
    5453361Crivitz Store Facility250 Highway 141, Crivitz, WI 54114July 24, 2006Full Service Retail

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