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

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

  • General
  • FDIC Certificate #: 8695
    Status: Active
    Federal Reserve ID: 477349
    Date Established: January 01, 1893
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 14218
    FDIC's unique #: 5536
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 02, 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: 136 East Madison Street, Lake Mills, WI 53551
    County: Jefferson
    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
    Core Based Statistical Area (CBSA): Watertown-Fort Atkinson, WI (#48020)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $185.6 mil
    Equity capital: $17.1 mil
    Deposits held in domestic offices: $159.5 mil
    Return on assets (ROA): 0.01% ($0.0 mil)
    Quarterly return on assets: 0.29% ($0.5 mil)
    Return on Equity (ROE): 0.11% ($0.0 mil)
    Quarterly return on equity: 3.06% ($0.5 mil)
    Net income: $0.0 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.01% ($18.6 mil)
    Quarterly Pretax return on assets: 0.29% ($538.3 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, 2011)

  • Dollar figures in thousands
  • 44Total employees (full-time equivalent)
  • $185,611Total assets
  • $22,345Cash and due from depository institutions
  • $715Interest-bearing balances
  • $26,542Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $124,183Net loans & leases
  • $2,401Loan loss allowance
  • $0Trading account assets
  • $4,789Bank premises and fixed assets
  • $2,723Other real estate owned
  • $608Goodwill and other intangibles
  • $185,611Life insurance assets
  • $4,421All other assets
  • $168,557Total liabilities and capital
  • $159,504Total liabilities
  • $140,880Total deposits
  • $159,504Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,576Trading liabilities
  • $0Other borrowed funds
  • $477Subordinated debt
  • $17,054All other liabilities
  • $17,054Total equity capital
  • $17,054Total bank equity capital
  • $0Perpetual preferred stock
  • $77Common stock
  • $3,869Surplus
  • $13,108Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,774Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,179Income earned, not collected on loans
  • $0Earning assets
  • $611Long-term assets (5+ years)
  • $151,440Average Assets, year-to-date
  • $20,069Average Assets, quarterly
  • $183,260Volatile liabilities
  • $181,386Insider loans
  • $128,074FHLB advances
  • $180,235Loans and leases held for sale
  • $2,298Unused loan commitments
  • $2,298Tier 1 (core) risk-based capital
  • $16,360Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,814Restructured Loans and leases
  • $497Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,397Total interest income
  • $2,523Total interest expense
  • $5,874Net interest income
  • $2,070Provision for loan and lease losses
  • $1,208Total noninterest income
  • $0Fiduciary activities
  • $123Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,085Additional noninterest income
  • $5,123Total noninterest expense
  • $2,588Salaries and employee benefits
  • $472Premises and equipment expense
  • $2,063Additional noninterest expense
  • -$111Pre-tax net operating income
  • $130Securities gains (losses)
  • $0Applicable income taxes
  • $19Income before extraordinary items
  • $0Extraordinary gains - net
  • $19Net income attributable to bank
  • $0Net charge-offs
  • $19Cash dividends
  • $2,125Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.53%Yield on earning assets
  • 1.66%Cost of funding earning assets
  • 3.87%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 3.37%Noninterest expense to earning assets
  • -0.06%Net operating income to assets
  • 0.01%Return on assets (ROA)
  • 0.01%Pretax return on assets
  • 0.11%Return on equity (ROE)
  • 0.11%Retained earnings to average equity (YTD only)
  • 1.64%Net charge-offs to loans
  • 97.41%Credit loss provision to net charge-offs
  • 0.92%Efficiency ratio
  • 72,338Assets per employee
  • 4.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.90%Loss allowance to noncurrent loans
  • 57.45%Noncurrent assets plus other real estate owned to assets
  • 3.72%Noncurrent loans to loans
  • 3.30%Net loans and leases to deposits
  • 77.86%Net loans and leases to core deposits
  • 82.12%Equity capital to assets
  • 9.19%Core capital (leverage) ratio
  • 9.08%Tier 1 risk-based capital ratio
  • 12.77%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $183,260Average earning assets
  • $16,555Average equity
  • $151,926Average loans

List of branches

  • 2 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05536Bank Of Lake Mills136 East Madison Street, Lake Mills, WI 53551January 01, 1893Full Service Brick and Mortar
    1507060Watertown Branch400 Bernard Street, Watertown, WI 53094March 15, 2010Full Service Brick and Mortar

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