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


Bank of Monticello - Overview

  • General
  • FDIC Certificate #: 11609
    Status: Active
    Federal Reserve ID: 776248
    Date Established: January 01, 1896
    WWW: http://www.bankofmonticellowi.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 13637
    FDIC's unique #: 7420
    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: No
    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: 238 North Main Street, Monticello, WI 53570
    County: Green
    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
    Core Based Statistical Area (CBSA): Monroe, WI (#33820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $76.6 mil
    Equity capital: $8.4 mil
    Deposits held in domestic offices: $66.5 mil
    Return on assets (ROA): 0.53% ($0.4 mil)
    Quarterly return on assets: 0.76% ($0.6 mil)
    Return on Equity (ROE): 4.84% ($0.4 mil)
    Quarterly return on equity: 6.87% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.86% ($658.8 mil)
    Quarterly Pretax return on assets: 1.14% ($873.3 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
  • 21Total employees (full-time equivalent)
  • $76,609Total assets
  • $6,900Cash and due from depository institutions
  • $4,657Interest-bearing balances
  • $11,386Securities
  • $2,597Federal funds sold & reverse repurchase agreements
  • $49,026Net loans & leases
  • $944Loan loss allowance
  • $0Trading account assets
  • $2,377Bank premises and fixed assets
  • $1,278Other real estate owned
  • $406Goodwill and other intangibles
  • $76,609Life insurance assets
  • $2,639All other assets
  • $68,171Total liabilities and capital
  • $66,542Total liabilities
  • $58,296Total deposits
  • $66,542Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $800Trading liabilities
  • $0Other borrowed funds
  • $829Subordinated debt
  • $8,438All other liabilities
  • $8,438Total equity capital
  • $8,438Total bank equity capital
  • $0Perpetual preferred stock
  • $320Common stock
  • $2,430Surplus
  • $5,688Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $116Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,728Income earned, not collected on loans
  • $0Earning assets
  • $432Long-term assets (5+ years)
  • $67,666Average Assets, year-to-date
  • $13,570Average Assets, quarterly
  • $75,036Volatile liabilities
  • $76,220Insider loans
  • $54,985FHLB advances
  • $76,886Loans and leases held for sale
  • $1,317Unused loan commitments
  • $1,317Tier 1 (core) risk-based capital
  • $7,899Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,033Restructured Loans and leases
  • $1,199Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,270Total interest income
  • $741Total interest expense
  • $2,529Net interest income
  • $194Provision for loan and lease losses
  • $825Total noninterest income
  • $0Fiduciary activities
  • $188Service charges on deposit accounts
  • $0Trading account gains & fees
  • $637Additional noninterest income
  • $2,513Total noninterest expense
  • $1,278Salaries and employee benefits
  • $278Premises and equipment expense
  • $957Additional noninterest expense
  • $647Pre-tax net operating income
  • $0Securities gains (losses)
  • $248Applicable income taxes
  • $399Income before extraordinary items
  • $0Extraordinary gains - net
  • $399Net income attributable to bank
  • $0Net charge-offs
  • $399Cash dividends
  • $156Sale, conversion, retirement of capital stock, net
  • $58Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 3.81%Net interest margin
  • 1.24%Noninterest income to earning assets
  • 3.79%Noninterest expense to earning assets
  • 0.53%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 4.84%Return on equity (ROE)
  • 4.14%Retained earnings to average equity (YTD only)
  • 0.32%Net charge-offs to loans
  • 124.36%Credit loss provision to net charge-offs
  • 5.39%Efficiency ratio
  • 73,196Assets per employee
  • 3.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 14.54%Loss allowance to loans
  • 1.89%Loss allowance to noncurrent loans
  • 54.63%Noncurrent assets plus other real estate owned to assets
  • 4.37%Noncurrent loans to loans
  • 3.46%Net loans and leases to deposits
  • 73.68%Net loans and leases to core deposits
  • 75.85%Equity capital to assets
  • 11.01%Core capital (leverage) ratio
  • 10.27%Tier 1 risk-based capital ratio
  • 14.37%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $75,036Average earning assets
  • $8,236Average equity
  • $66,352Average loans

List of branches

  • 4 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07420Bank Of Monticello238 North Main Street, Monticello, WI 53570January 01, 1896Full Service Brick and Mortar
    1359683Evansville Loan Production Office155 Union Street , Suite B, Evansville, WI 53536March 29, 2001Limited Service Loan Production
    2362381Coates Avenue Facility401 West Coates Avenue, Monticello, WI 53570August 15, 1987Limited Service Facility
    3279464Evansville Branch12 J. Lendemann Drive, Evansville, WI 53536January 01, 1920Full Service Brick and Mortar

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