Cleveland State Bank in Cleveland, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Cleveland State Bank in Cleveland, Wisconsin (WI)
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Cleveland State Bank - Overview

  • General
  • FDIC Certificate #: 9517
    Status: Active
    Federal Reserve ID: 48440
    Bank Holding Company (Regulatory Top Holder): Wiscub, Inc. (RSSDID: 1202865, Location: Pewaukee, WI)
    Date Established: April 19, 1907
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 6116
    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: All Other Specialization < 1 Billion
    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: 1250 West Washington Avenue, Cleveland, WI 53015
    County: Manitowoc
    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
    Core Based Statistical Area (CBSA): Manitowoc, WI (#31820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $93.3 mil
    Equity capital: $7.9 mil
    Deposits held in domestic offices: $84.2 mil
    Return on assets (ROA): 1.15% ($1.1 mil)
    Quarterly return on assets: 0.92% ($0.9 mil)
    Return on Equity (ROE): 14.52% ($1.2 mil)
    Quarterly return on equity: 10.82% ($0.9 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.51% ($1,408.3 mil)
    Quarterly Pretax return on assets: 1.57% ($1,464.3 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)
  • $93,267Total assets
  • $4,319Cash and due from depository institutions
  • $739Interest-bearing balances
  • $31,879Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $52,441Net loans & leases
  • $871Loan loss allowance
  • $0Trading account assets
  • $1,467Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $93,267Life insurance assets
  • $3,161All other assets
  • $85,327Total liabilities and capital
  • $84,216Total liabilities
  • $63,033Total deposits
  • $84,216Interest-bearing deposits
  • $66Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,111Subordinated debt
  • $7,940All other liabilities
  • $7,940Total equity capital
  • $7,940Total bank equity capital
  • $0Perpetual preferred stock
  • $90Common stock
  • $2,160Surplus
  • $5,690Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $128Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $677Income earned, not collected on loans
  • $0Earning assets
  • $350Long-term assets (5+ years)
  • $85,059Average Assets, year-to-date
  • $26,658Average Assets, quarterly
  • $92,385Volatile liabilities
  • $93,986Insider loans
  • $54,748FHLB advances
  • $96,129Loans and leases held for sale
  • $2,062Unused loan commitments
  • $2,062Tier 1 (core) risk-based capital
  • $7,434Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,548Restructured Loans and leases
  • $1,527Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,981Total interest income
  • $976Total interest expense
  • $3,005Net interest income
  • $160Provision for loan and lease losses
  • $1,172Total noninterest income
  • $0Fiduciary activities
  • $10Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,162Additional noninterest income
  • $2,618Total noninterest expense
  • $1,308Salaries and employee benefits
  • $261Premises and equipment expense
  • $1,049Additional noninterest expense
  • $1,399Pre-tax net operating income
  • $0Securities gains (losses)
  • $333Applicable income taxes
  • $1,066Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,066Net income attributable to bank
  • $0Net charge-offs
  • $1,066Cash dividends
  • $86Sale, conversion, retirement of capital stock, net
  • $263Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.96%Yield on earning assets
  • 1.22%Cost of funding earning assets
  • 3.75%Net interest margin
  • 1.46%Noninterest income to earning assets
  • 3.27%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.51%Pretax return on assets
  • 14.52%Return on equity (ROE)
  • 10.94%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 186.05%Credit loss provision to net charge-offs
  • 18.13%Efficiency ratio
  • 62,677Assets per employee
  • 4.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.67%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 128.66%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 1.27%Net loans and leases to deposits
  • 62.27%Net loans and leases to core deposits
  • 65.56%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 7.73%Tier 1 risk-based capital ratio
  • 13.58%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $92,385Average earning assets
  • $7,339Average equity
  • $80,183Average loans

List of branches

  • 2 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06116Cleveland State Bank1250 West Washington Avenue, Cleveland, WI 53015April 19, 1907Full Service Brick and Mortar
    2450424Howards Grove Branch502 South Wisconsin Drive, Howards Grove, WI 53083March 29, 2006Full Service Brick and Mortar

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