Blackhawk Bank in Beloit, Wisconsin (WI), IL
Overview, Financial Summary, Detailed Financial Reports, Branches

Blackhawk Bank - Overview

  • General
  • FDIC Certificate #: 14078
    Status: Active
    Federal Reserve ID: 27548
    Bank Holding Company (Regulatory Top Holder): Blackhawk Bancorp, Inc. (RSSDID: 1491913, Location: Beloit, WI)
    Date Established: January 01, 1881
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: Yes)
    OTS Docket #: 11465
    FDIC's unique #: 8801
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 19, 1934
    Last Structure Change Effective Date: July 01, 2011
    Last Structure Change Process Date: August 25, 2011
    Last Data Update: August 25, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 Broad Street, Beloit, WI 53511
    County: Rock
    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
    Metropolitan Statistical Area (MSA): Janesville-Beloit, WI (#3620)
    Core Based Statistical Area (CBSA): Janesville, WI (#27500)
    CBSA Metro Statistical Area: Janesville, WI (#27500)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $558.2 mil
    Equity capital: $54.8 mil
    Deposits held in domestic offices: $476.1 mil
    Return on assets (ROA): 0.52% ($2.9 mil)
    Quarterly return on assets: 0.61% ($3.4 mil)
    Return on Equity (ROE): 5.35% ($2.9 mil)
    Quarterly return on equity: 6.18% ($3.4 mil)
    Net income: $2.9 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 0.66% ($3,684.3 mil)
    Quarterly Pretax return on assets: 0.58% ($3,237.7 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
  • 158Total employees (full-time equivalent)
  • $558,221Total assets
  • $14,154Cash and due from depository institutions
  • $1,098Interest-bearing balances
  • $141,642Securities
  • $31,964Federal funds sold & reverse repurchase agreements
  • $331,075Net loans & leases
  • $6,943Loan loss allowance
  • $2,449Trading account assets
  • $8,771Bank premises and fixed assets
  • $1,477Other real estate owned
  • $8,101Goodwill and other intangibles
  • $558,221Life insurance assets
  • $18,588All other assets
  • $503,386Total liabilities and capital
  • $476,116Total liabilities
  • $405,535Total deposits
  • $476,116Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 9000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,255Trading liabilities
  • $0Other borrowed funds
  • $2,015Subordinated debt
  • $54,835All other liabilities
  • $54,835Total equity capital
  • $54,835Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $26,281Surplus
  • $28,304Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $4,140Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,421Income earned, not collected on loans
  • $0Earning assets
  • $1,964Long-term assets (5+ years)
  • $508,228Average Assets, year-to-date
  • $164,122Average Assets, quarterly
  • $547,902Volatile liabilities
  • $553,251Insider loans
  • $383,164FHLB advances
  • $548,753Loans and leases held for sale
  • $8,720Unused loan commitments
  • $8,720Tier 1 (core) risk-based capital
  • $48,489Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $58,455Restructured Loans and leases
  • $19,653Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,823Total interest income
  • $5,043Total interest expense
  • $19,780Net interest income
  • $4,804Provision for loan and lease losses
  • $7,466Total noninterest income
  • $0Fiduciary activities
  • $2,707Service charges on deposit accounts
  • -$252Trading account gains & fees
  • $5,011Additional noninterest income
  • $19,241Total noninterest expense
  • $9,722Salaries and employee benefits
  • $2,296Premises and equipment expense
  • $7,223Additional noninterest expense
  • $3,201Pre-tax net operating income
  • $396Securities gains (losses)
  • $731Applicable income taxes
  • $2,866Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,866Net income attributable to bank
  • $0Net charge-offs
  • $2,866Cash dividends
  • $4,003Sale, conversion, retirement of capital stock, net
  • $1,790Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 3.97%Net interest margin
  • 1.50%Noninterest income to earning assets
  • 3.86%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 5.35%Return on equity (ROE)
  • 2.01%Retained earnings to average equity (YTD only)
  • 1.19%Net charge-offs to loans
  • 120.01%Credit loss provision to net charge-offs
  • 2.00%Efficiency ratio
  • 70,109Assets per employee
  • 3.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.46%Loss allowance to loans
  • 2.05%Loss allowance to noncurrent loans
  • 55.90%Noncurrent assets plus other real estate owned to assets
  • 2.49%Noncurrent loans to loans
  • 3.67%Net loans and leases to deposits
  • 69.54%Net loans and leases to core deposits
  • 71.74%Equity capital to assets
  • 9.82%Core capital (leverage) ratio
  • 8.84%Tier 1 risk-based capital ratio
  • 12.65%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $547,902Average earning assets
  • $53,558Average equity
  • $498,615Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,868Managed Assets
  • 1Number of Accounts
  • $1,868Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $1,868Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 6 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7230919Roscoe Branch5206 Elevator Road, Roscoe, IL 61073March 09, 1998Full Service Brick and Mortar
    10230920Rockford Branch2475 N. Perryville Road, Rockford, IL 61107September 01, 1998Full Service Brick and Mortar
    1110702Capron Branch Office6th And Main Streets, Capron, IL 61012September 16, 1946Full Service Brick and Mortar
    12238344Belvidere Branch2141 North State Street, Belvidere, IL 61008October 12, 1993Full Service Brick and Mortar
    14238346Machesney Park Branch9609 Forest Hills Road, Machesney Park, IL 61115December 06, 1999Full Service Brick and Mortar
    1548216911th Street Branch3101 11th Street, Rockford, IL 61109November 11, 2008Full Service Brick and Mortar
  • 2 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08801Blackhawk Bank400 Broad Street, Beloit, WI 53511January 01, 1881Full Service Brick and Mortar
    2230916Cranston Road Branch2200 Cranston, Beloit, WI 53511Febuary 01, 1987Full Service Brick and Mortar

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