Community State Bank in Union Grove, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Community State Bank in Union Grove, Wisconsin (WI)
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Community State Bank - Overview

  • General
  • FDIC Certificate #: 9536
    Status: Active
    Federal Reserve ID: 130345
    Bank Holding Company (Regulatory Top Holder): Community State Bank Employee Stock Ownership Plan And Trust (RSSDID: 3195671, Location: Union Grove, WI)
    Date Established: January 01, 1903
    WWW: http://www.communitystatebank.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 9943
    FDIC's unique #: 6132
    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 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: 1500 Main Street, Union Grove, WI 53182
    County: Racine
    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
    Metropolitan Statistical Area (MSA): Racine, WI (#6600)
    Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
    Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
    Core Based Statistical Area (CBSA): Racine, WI (#39540)
    CBSA Metro Statistical Area: Racine, WI (#39540)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $276.3 mil
    Equity capital: $30.7 mil
    Deposits held in domestic offices: $242.0 mil
    Return on assets (ROA): 1.13% ($3.1 mil)
    Quarterly return on assets: 0.84% ($2.3 mil)
    Return on Equity (ROE): 9.92% ($3.1 mil)
    Quarterly return on equity: 7.33% ($2.3 mil)
    Net income: $3.0 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.13% ($3,121.9 mil)
    Quarterly Pretax return on assets: 0.85% ($2,348.3 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
  • 88Total employees (full-time equivalent)
  • $276,271Total assets
  • $54,627Cash and due from depository institutions
  • $45,865Interest-bearing balances
  • $18,712Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $185,761Net loans & leases
  • $5,011Loan loss allowance
  • $0Trading account assets
  • $7,912Bank premises and fixed assets
  • $870Other real estate owned
  • $799Goodwill and other intangibles
  • $276,271Life insurance assets
  • $7,590All other assets
  • $245,535Total liabilities and capital
  • $241,976Total liabilities
  • $192,729Total deposits
  • $241,976Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,559Subordinated debt
  • $30,736All other liabilities
  • $30,736Total equity capital
  • $30,736Total bank equity capital
  • $0Perpetual preferred stock
  • $249Common stock
  • $7,251Surplus
  • $23,236Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,649Income earned, not collected on loans
  • $0Earning assets
  • $1,321Long-term assets (5+ years)
  • $250,338Average Assets, year-to-date
  • $15,536Average Assets, quarterly
  • $265,375Volatile liabilities
  • $269,465Insider loans
  • $203,186FHLB advances
  • $269,814Loans and leases held for sale
  • $3,862Unused loan commitments
  • $3,862Tier 1 (core) risk-based capital
  • $29,989Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $33,976Restructured Loans and leases
  • $3,610Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,455Total interest income
  • $1,472Total interest expense
  • $11,983Net interest income
  • $2,100Provision for loan and lease losses
  • $3,072Total noninterest income
  • $0Fiduciary activities
  • $587Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,485Additional noninterest income
  • $9,950Total noninterest expense
  • $5,871Salaries and employee benefits
  • $1,313Premises and equipment expense
  • $2,766Additional noninterest expense
  • $3,005Pre-tax net operating income
  • $0Securities gains (losses)
  • $3Applicable income taxes
  • $3,002Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,002Net income attributable to bank
  • $0Net charge-offs
  • $3,002Cash dividends
  • $1,988Sale, conversion, retirement of capital stock, net
  • $1,901Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.56%Yield on earning assets
  • 0.61%Cost of funding earning assets
  • 4.95%Net interest margin
  • 1.27%Noninterest income to earning assets
  • 4.11%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 9.92%Return on equity (ROE)
  • 3.64%Retained earnings to average equity (YTD only)
  • 1.02%Net charge-offs to loans
  • 105.63%Credit loss provision to net charge-offs
  • 2.57%Efficiency ratio
  • 66,091Assets per employee
  • 3.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.32%Loss allowance to loans
  • 2.63%Loss allowance to noncurrent loans
  • 75.36%Noncurrent assets plus other real estate owned to assets
  • 2.72%Noncurrent loans to loans
  • 3.49%Net loans and leases to deposits
  • 76.77%Net loans and leases to core deposits
  • 79.57%Equity capital to assets
  • 11.13%Core capital (leverage) ratio
  • 11.11%Tier 1 risk-based capital ratio
  • 14.76%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $265,375Average earning assets
  • $30,250Average equity
  • $241,917Average loans

List of branches

  • 9 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06132Community State Bank1500 Main Street, Union Grove, WI 53182January 01, 1903Full Service Brick and Mortar
    1220331Dover BranchHighways 75 And 11, Dover Township, WI 53139March 06, 1972Full Service Brick and Mortar
    2220332Rochester Branch201 West Main Street, Rochester, WI 53167April 18, 1983Full Service Brick and Mortar
    3220333Sturtevant Branch9119 Durand Avenue, Sturtevant, WI 53177Febuary 11, 1991Full Service Brick and Mortar
    5220335Waterford Branch810 Fox Lane, Waterford, WI 53185January 05, 1998Full Service Brick and Mortar
    8220338Fountain Hills Branch1100 Fountain Hills Drive, Racine, WI 53406January 06, 1999Limited Service Facility
    9220339Salem Branch25360 75th Street, Salem, WI 53168March 01, 2000Full Service Brick and Mortar
    10426572Burlington Branch308 North Bridge Street, Burlington, WI 53105January 05, 2004Full Service Brick and Mortar
    11492446Racine Branch8930 Washington Avenue, Racine, WI 53406June 29, 2009Full Service Brick and Mortar

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