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

Bank of Galesville - Overview

  • General
  • FDIC Certificate #: 8693
    Status: Active
    Federal Reserve ID: 167453
    Bank Holding Company (Regulatory Top Holder): Gale Bank Holding Company, Inc. (RSSDID: 1127249, Location: Galesville, WI)
    Date Established: January 01, 1883
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 12552
    FDIC's unique #: 5534
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 16893 South Main Street, Galesville, WI 54630
    County: Trempealeau
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $86.7 mil
    Equity capital: $12.9 mil
    Deposits held in domestic offices: $70.5 mil
    Return on assets (ROA): 2.15% ($1.9 mil)
    Quarterly return on assets: 2.91% ($2.5 mil)
    Return on Equity (ROE): 15.03% ($2.0 mil)
    Quarterly return on equity: 19.69% ($2.6 mil)
    Net income: $1.8 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 2.16% ($1,872.9 mil)
    Quarterly Pretax return on assets: 2.91% ($2,523.2 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
  • 24Total employees (full-time equivalent)
  • $86,707Total assets
  • $7,253Cash and due from depository institutions
  • $5,647Interest-bearing balances
  • $12,647Securities
  • $1,294Federal funds sold & reverse repurchase agreements
  • $61,477Net loans & leases
  • $858Loan loss allowance
  • $0Trading account assets
  • $1,333Bank premises and fixed assets
  • $1,007Other real estate owned
  • $661Goodwill and other intangibles
  • $86,707Life insurance assets
  • $1,035All other assets
  • $73,823Total liabilities and capital
  • $70,493Total liabilities
  • $58,931Total deposits
  • $70,493Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,100Trading liabilities
  • $0Other borrowed funds
  • $230Subordinated debt
  • $12,884All other liabilities
  • $12,884Total equity capital
  • $12,884Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $1,573Surplus
  • $11,161Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $550Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $786Income earned, not collected on loans
  • $0Earning assets
  • $372Long-term assets (5+ years)
  • $81,065Average Assets, year-to-date
  • $11,720Average Assets, quarterly
  • $83,753Volatile liabilities
  • $84,916Insider loans
  • $78,885FHLB advances
  • $85,079Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,346Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,442Restructured Loans and leases
  • $275Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,371Total interest income
  • $623Total interest expense
  • $3,748Net interest income
  • $240Provision for loan and lease losses
  • $1,149Total noninterest income
  • $0Fiduciary activities
  • $188Service charges on deposit accounts
  • $0Trading account gains & fees
  • $961Additional noninterest income
  • $2,849Total noninterest expense
  • $1,621Salaries and employee benefits
  • $294Premises and equipment expense
  • $934Additional noninterest expense
  • $1,808Pre-tax net operating income
  • -$3Securities gains (losses)
  • $7Applicable income taxes
  • $1,798Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,798Net income attributable to bank
  • $0Net charge-offs
  • $1,798Cash dividends
  • $176Sale, conversion, retirement of capital stock, net
  • $842Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.59%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 4.79%Net interest margin
  • 1.47%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • 2.15%Net operating income to assets
  • 2.15%Return on assets (ROA)
  • 2.16%Pretax return on assets
  • 15.03%Return on equity (ROE)
  • 7.99%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 136.36%Credit loss provision to net charge-offs
  • 11.64%Efficiency ratio
  • 58,178Assets per employee
  • 3.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.83%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 109.16%Noncurrent assets plus other real estate owned to assets
  • 2.07%Noncurrent loans to loans
  • 1.26%Net loans and leases to deposits
  • 87.21%Net loans and leases to core deposits
  • 91.30%Equity capital to assets
  • 14.86%Core capital (leverage) ratio
  • 14.51%Tier 1 risk-based capital ratio
  • 15.65%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $83,753Average earning assets
  • $11,962Average equity
  • $78,237Average loans

List of branches

  • 3 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05534Bank Of Galesville16893 South Main Street, Galesville, WI 54630January 01, 1883Full Service Brick and Mortar
    1218837Trempealeau Branch24480 East Third Street, Trempealeau, WI 54661May 06, 1992Full Service Brick and Mortar
    2357515Holmen Branch2200 Staphorst Lane, Holmen, WI 54636Febuary 21, 2000Full Service Brick and Mortar

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