FDIC Certificate #: 28286 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Westbury Bank (#28400) Federal Reserve ID: 955276 Date Established: January 01, 1914 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1300 FDIC's unique #: 41120 Numeric code: 34 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: May 16, 1936 Last Structure Change Effective Date: December 31, 2008 Last Structure Change Process Date: January 16, 2009 Last Data Update: January 16, 2009 Data Source Date: April 05, 2012
Location
Address: 5000 South 110th Street, Milwaukee, WI 53228 County: Milwaukee 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): Milwaukee-Waukesha, WI (#5080) Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63) Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376) Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340) CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
Financial Summary
Total assets: $200.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
56Total employees (full-time equivalent)
$199,156Total assets
$3,426Cash and due from depository institutions
$421Interest-bearing balances
$4,175Securities
$0Federal funds sold & reverse repurchase agreements
$169,725Net loans & leases
$979Loan loss allowance
$0Trading account assets
$5,858Bank premises and fixed assets
$11,476Other real estate owned
$0Goodwill and other intangibles
$1,635Life insurance assets
$4,496All other assets
$199,156Total liabilities and capital
$174,423Total liabilities
$152,248Total deposits
$146,186Interest-bearing deposits
$152,248Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$20,212Other borrowed funds
$0Subordinated debt
$1,963All other liabilities
$24,733Total equity capital
$24,733Total bank equity capital
$24,733Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$24,733Noncurrent loans and leases
$33,599Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,758Earning assets
$0Long-term assets (5+ years)
$948Average Assets, year-to-date
$174,321Average Assets, quarterly
$0Volatile liabilities
$196,672Insider loans
$197,948FHLB advances
$54,179Loans and leases held for sale
$294Unused loan commitments
$17,250Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$33,599Total unused commitments
$1,133Restructured Loans and leases
$979Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$11,776Total interest income
$6,712Total interest expense
$5,064Net interest income
$247Provision for loan and lease losses
$1,485Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,485Additional noninterest income
$5,771Total noninterest expense
$3,332Salaries and employee benefits
$1,214Premises and equipment expense
$1,225Additional noninterest expense
$531Pre-tax net operating income
$101Securities gains (losses)
$46Applicable income taxes
$586Income before extraordinary items
$0Extraordinary gains - net
$586Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.88%Yield on earning assets
3.92%Cost of funding earning assets
2.96%Net interest margin
0.87%Noninterest income to earning assets
3.37%Noninterest expense to earning assets
0.25%Net operating income to assets
0.30%Return on assets (ROA)
0.32%Pretax return on assets
2.40%Return on equity (ROE)
2.40%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-24700.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,120Assets per employee
3.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.57%Loss allowance to noncurrent loans
35.50%Noncurrent assets plus other real estate owned to assets
1.95%Noncurrent loans to loans
1.62%Net loans and leases to deposits
111.48%Net loans and leases to core deposits
143.49%Equity capital to assets
12.42%Core capital (leverage) ratio
11.36%Tier 1 risk-based capital ratio
15.62%Total risk-based capital ratio
Memoranda
$16Average assets
$196,672Average earning assets
$24,428Average equity
$171,197Average loans
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