Baylake Bank in Sturgeon Bay, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Baylake Bank - Overview

  • General
  • FDIC Certificate #: 13060
    Status: Active
    Federal Reserve ID: 280044
    Bank Holding Company (Regulatory Top Holder): Baylake Corp. (RSSDID: 1202708, Location: Sturgeon Bay, WI)
    Date Established: July 22, 1876
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 27 (Domestic: 27, Interstate: No)
    OTS Docket #: 14582
    FDIC's unique #: 8256
    Numeric code: 13
    Regulator: FED
    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 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: 217 North 4th Avenue, Sturgeon Bay, WI 54235
    County: Door
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $1,087.7 mil
    Equity capital: $108.1 mil
    Deposits held in domestic offices: $868.0 mil
    Return on assets (ROA): 0.51% ($5.5 mil)
    Quarterly return on assets: 0.74% ($8.1 mil)
    Return on Equity (ROE): 5.14% ($5.6 mil)
    Quarterly return on equity: 7.34% ($7.9 mil)
    Net income: $5.4 mil
    Quarterly Net income: $2.0 mil
    Pretax return on assets: 0.70% ($7,614.2 mil)
    Quarterly Pretax return on assets: 1.18% ($12,835.4 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
  • 298Total employees (full-time equivalent)
  • $1,087,747Total assets
  • $87,486Cash and due from depository institutions
  • $66,244Interest-bearing balances
  • $282,676Securities
  • $513Federal funds sold & reverse repurchase agreements
  • $622,247Net loans & leases
  • $10,638Loan loss allowance
  • $0Trading account assets
  • $24,169Bank premises and fixed assets
  • $12,119Other real estate owned
  • $7,275Goodwill and other intangibles
  • $1,087,747Life insurance assets
  • $51,262All other assets
  • $979,619Total liabilities and capital
  • $868,007Total liabilities
  • $835,069Total deposits
  • $868,007Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 47566.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $55,000Trading liabilities
  • $0Other borrowed funds
  • $9,046Subordinated debt
  • $108,128All other liabilities
  • $108,128Total equity capital
  • $108,128Total bank equity capital
  • $0Perpetual preferred stock
  • $220Common stock
  • $52,425Surplus
  • $55,483Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,869Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $19,583Income earned, not collected on loans
  • $0Earning assets
  • $3,381Long-term assets (5+ years)
  • $971,680Average Assets, year-to-date
  • $219,510Average Assets, quarterly
  • $1,046,327Volatile liabilities
  • $1,070,290Insider loans
  • $749,518FHLB advances
  • $1,042,774Loans and leases held for sale
  • $23,064Unused loan commitments
  • $8,128Tier 1 (core) risk-based capital
  • $90,884Tier 2 risk-based capital
  • $14,936Total risk weighted assets
  • $0Total unused commitments
  • $224,799Restructured Loans and leases
  • $3,299Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $42,466Total interest income
  • $8,344Total interest expense
  • $34,122Net interest income
  • $5,050Provision for loan and lease losses
  • $9,490Total noninterest income
  • $919Fiduciary activities
  • $3,369Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,202Additional noninterest income
  • $31,862Total noninterest expense
  • $17,001Salaries and employee benefits
  • $3,449Premises and equipment expense
  • $11,412Additional noninterest expense
  • $6,700Pre-tax net operating income
  • $651Securities gains (losses)
  • $1,982Applicable income taxes
  • $5,369Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,369Net income attributable to bank
  • $0Net charge-offs
  • $5,369Cash dividends
  • $5,914Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.57%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 3.67%Net interest margin
  • 1.02%Noninterest income to earning assets
  • 3.43%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 5.14%Return on equity (ROE)
  • 5.14%Retained earnings to average equity (YTD only)
  • 0.94%Net charge-offs to loans
  • 85.39%Credit loss provision to net charge-offs
  • 1.99%Efficiency ratio
  • 73,058Assets per employee
  • 3.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 54.32%Noncurrent assets plus other real estate owned to assets
  • 2.91%Noncurrent loans to loans
  • 3.09%Net loans and leases to deposits
  • 71.69%Net loans and leases to core deposits
  • 77.15%Equity capital to assets
  • 9.94%Core capital (leverage) ratio
  • 8.72%Tier 1 risk-based capital ratio
  • 12.13%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,046,327Average earning assets
  • $104,402Average equity
  • $928,522Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $100,851Managed Assets
  • 1Number of Accounts
  • $65,442Personal trust and agency accounts
  • $40,043Employee benefit-defined contribution accounts
  • $942Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $11,259Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $13,198Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 822Number of Accounts
  • $0Personal trust and agency accounts
  • $11,259Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $35,409Other retirement accounts
  • $8,108Corporate trust and agency accounts
  • $529Other fiduciary accounts
  • $9,461Fiduciary accounts held in foreign offices

List of branches

  • 27 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08256Baylake Bank217 North 4th Avenue, Sturgeon Bay, WI 54235July 22, 1876Full Service Brick and Mortar
    115283Algoma Branch205 Clark Street, Algoma, WI 54201June 02, 1975Full Service Brick and Mortar
    3228825Tisch Mills Branch18923 Tisch Mills Road, Tisch Mills, WI 54240August 03, 1988Full Service Brick and Mortar
    4228826Center Street Branch1614 Center Street, Kewaunee, WI 54216July 26, 1993Full Service Brick and Mortar
    5681Kewaunee Branch519 Main Street, Kewaunee, WI 54216January 31, 1889Full Service Brick and Mortar
    6187699Sister Bay BranchHighway 42, Sister Bay, WI 54234June 28, 1948Full Service Brick and Mortar
    7187700West Side Branch34 West Maple Avenue, Sturgeon Bay, WI 54235December 02, 1902Full Service Brick and Mortar
    8187701Washington Island BranchMain Road, Washington Island, WI 54246April 28, 1958Full Service Brick and Mortar
    9187703Brussels BranchHighway 57, Brussels, WI 54204April 16, 1968Full Service Brick and Mortar
    10187704Fish Creek BranchHighway 42, Fish Creek, WI 54212August 02, 1971Full Service Brick and Mortar
    11187705Egg Harbor BranchHighway 42, Egg Harbor, WI 54209May 21, 1979Full Service Brick and Mortar
    12187706Ellison Bay BranchHighway 42, Ellison Bay, WI 54210May 21, 1979Full Service Brick and Mortar
    13187707Bay Settlement Branch2260 Bay Settlement Road, Green Bay, WI 54311March 03, 1995Full Service Brick and Mortar
    14228827I-43 Branch920 Huron Road, Green Bay, WI 54311March 04, 1996Full Service Brick and Mortar
    168519Manawa Branch431 South Bridge Street, Manawa, WI 54949March 17, 1916Full Service Brick and Mortar
    17229735King BranchHighway 22, King, WI 54946June 10, 1974Full Service Brick and Mortar
    19228829Ledgeview Branch1395 South Broadway, Depere, WI 54115July 20, 1998Full Service Brick and Mortar
    218376Poysippi Branch602 Main, Poysippi, WI 54967May 10, 1915Full Service Brick and Mortar
    22229371Fremont Branch307 Wolf River Drive, Fremont, WI 54940June 01, 1992Full Service Brick and Mortar
    23229372Seymour Branch216 Main Street, Seymour, WI 54165November 01, 1993Full Service Brick and Mortar
    24229373Berlin Branch764 Broadway, Berlin, WI 54923June 17, 1996Full Service Brick and Mortar
    25358289Waupaca Branch936 Furman Drive, Waupaca, WI 54981August 09, 1999Full Service Brick and Mortar
    26361425Ashwaubenon Branch960 Hansen Road, Green Bay, WI 54304July 01, 2000Full Service Brick and Mortar
    27361426Green Bay Downtown Branch124 North Adams Street, Green Bay, WI 54301August 01, 2000Full Service Brick and Mortar
    28362932211 Commerce Drive Branch211 Commerce Drive, Luxemburg, WI 54217January 21, 2002Full Service Brick and Mortar
    29428801West De Pere Branch1450 Scheuring Road, De Pere, WI 54115May 10, 2004Full Service Brick and Mortar
    31466308Suamico Branch2502 Lineville Rd, Green Bay, WI 54313August 01, 2006Full Service Brick and Mortar

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