Bank of Elkhart Lake in Elkhart Lake, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1995

  • Bank of Elkhart Lake in Elkhart Lake, Wisconsin (WI)
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Bank of Elkhart Lake - Overview

  • General
  • FDIC Certificate #: 10008
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National Exchange Bank and Trust (#10044)
    Federal Reserve ID: 531540
    Date Established: August 15, 1907
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 6398
    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: November 01, 1995
    Last Structure Change Process Date: December 07, 1995
    Last Data Update: December 07, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 54 South Lake, Elkhart Lake, WI 53020
    County: Sheboygan
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Milwaukee
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Sheboygan, WI (#7620)
    Core Based Statistical Area (CBSA): Sheboygan, WI (#43100)
    CBSA Metro Statistical Area: Sheboygan, WI (#43100)
  • Financial Summary
  • Total assets: $18.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $10Total assets
  • $17,823Cash and due from depository institutions
  • $1,206Interest-bearing balances
  • $0Securities
  • $4,204Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $11,841Loan loss allowance
  • $172Trading account assets
  • $0Bank premises and fixed assets
  • $383Other real estate owned
  • $0Goodwill and other intangibles
  • $189Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $17,823Total liabilities
  • $16,051Total deposits
  • $15,922Interest-bearing deposits
  • $12,599Deposits held in domestic offices
  • 15922.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $129Total equity capital
  • $129Total bank equity capital
  • $1,772Perpetual preferred stock
  • $450Common stock
  • $53Surplus
  • $722Undivided profits
  • Memoranda
  • $547Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $79Income earned, not collected on loans
  • $64Earning assets
  • $16,045Long-term assets (5+ years)
  • $176Average Assets, year-to-date
  • $18,709Average Assets, quarterly
  • $17,845Volatile liabilities
  • $320Insider loans
  • $60FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $951Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,772Total risk weighted assets
  • $9,774Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,278Total interest expense
  • $502Net interest income
  • $776Provision for loan and lease losses
  • $2Total noninterest income
  • $106Fiduciary activities
  • $0Service charges on deposit accounts
  • $45Trading account gains & fees
  • $0Additional noninterest income
  • $61Total noninterest expense
  • $627Salaries and employee benefits
  • $318Premises and equipment expense
  • $71Additional noninterest expense
  • $238Pre-tax net operating income
  • $253Securities gains (losses)
  • $0Applicable income taxes
  • $83Income before extraordinary items
  • $170Extraordinary gains - net
  • $60Net income attributable to bank
  • $230Net charge-offs
  • $6Cash dividends
  • $36Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.40%Cost of funding earning assets
  • 2.91%Net interest margin
  • 4.50%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 3.63%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 1.67%Return on equity (ROE)
  • 13.72%Retained earnings to average equity (YTD only)
  • 11.58%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 33.33%Efficiency ratio
  • 71,088Assets per employee
  • 1.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.65%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 217.72%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 74.37%Net loans and leases to core deposits
  • 75.89%Equity capital to assets
  • 9.94%Core capital (leverage) ratio
  • 10.03%Tier 1 risk-based capital ratio
  • 18.13%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $18,709Average earning assets
  • $1,676Average equity
  • $17,261Average loans

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