Dairyland State Bank in Bruce, Wisconsin (WI)



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Dairyland State Bank routing number info

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Dairyland State Bank
GeneralFDIC Certificate #: 13022
Status: Active
Federal Reserve ID: 444958
Bank Holding Company (Regulatory Top Holder): Dairyland Bancorp, Inc. (RSSDID: 2121543, Location: Bruce, WI)
Date Established: January 01, 1934
WWW: http://www.dairylandstatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
FDIC's unique #: 8228
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 14, 2008
Last Structure Change Process Date: June 11, 2008
Last Data Update: June 11, 2008
Data Source Date: April 05, 2012
LocationAddress: 719 North Main Street, Bruce, WI 54819
County: Rusk
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Eau Claire
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
History of ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $78.7 mil
Equity capital: $8.2 mil
Deposits held in domestic offices: $69.3 mil
Return on assets (ROA): 0.78% ($0.6 mil)
Quarterly return on assets: 1.03% ($0.8 mil)
Return on Equity (ROE): 7.08% ($0.6 mil)
Quarterly return on equity: 9.79% ($0.8 mil)
Net income: $0.6 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.78% ($613.7 mil)
Quarterly Pretax return on assets: 1.03% ($810.4 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)
Total employees (full-time equivalent)34
Total assets$78,684
Cash and due from depository institutions$11,400
Interest-bearing balances$8,891
Securities$10,917
Federal funds sold & reverse repurchase agreements$239
Net loans & leases$51,834
Loan loss allowance $728
Trading account assets$0
Bank premises and fixed assets$1,175
Other real estate owned$692
Goodwill and other intangibles$521
All other assets$1,906
Life insurance assets$78,684
Total liabilities and capital$70,488
Total liabilities$69,335
Total deposits$54,635
Interest-bearing deposits$69,335
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,006
Other borrowed funds $0
Subordinated debt $147
All other liabilities $8,196
Total equity capital$8,196
Total bank equity capital$8,196
Perpetual preferred stock$0
Common stock$540
Surplus$6,998
Undivided profits $658
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $592
Earning assets $380
Long-term assets (5+ years) $362
Average Assets, year-to-date $71,881
Average Assets, quarterly $7,769
Volatile liabilities $77,599
Insider loans $77,867
FHLB advances $52,053
Loans and leases held for sale $76,653
Unused loan commitments $669
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $7,370
Total risk weighted assets $669
Total unused commitments $0
Restructured Loans and leases $5,410
Derivatives$2,297
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,637
Total interest expense $597
Net interest income $3,040
Provision for loan and lease losses $121
Total noninterest income $439
Fiduciary activities $0
Service charges on deposit accounts $238
Trading account gains & fees $0
Additional noninterest income $201
Total noninterest expense $2,754
Salaries and employee benefits $1,547
Premises and equipment expense $331
Additional noninterest expense $876
Pre-tax net operating income $604
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $604
Extraordinary gains - net $0
Net income attributable to bank $604
Net charge-offs $0
Cash dividends $604
Sale, conversion, retirement of capital stock, net $205
Net operating income $1,780
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.10%
Cost of funding earning assets 0.84%
Net interest margin 4.27%
Noninterest income to earning assets 0.62%
Noninterest expense to earning assets 3.86%
Net operating income to assets 0.78%
Return on assets (ROA) 0.78%
Pretax return on assets 0.78%
Return on equity (ROE) 7.08%
Retained earnings to average equity (YTD only) -13.78%
Net charge-offs to loans 0.39%
Credit loss provision to net charge-offs 59.02%
Efficiency ratio3.54%
Assets per employee$78,672
Cash dividends to net income (YTD only)2.31%
Condition Ratios (%)
Loss allowance to loans 294.70%
Loss allowance to noncurrent loans 1.39%
Noncurrent assets plus other real estate owned to assets 122.97%
Noncurrent loans to loans 1.63%
Net loans and leases to deposits1.13%
Net loans and leases to core deposits 74.76%
Equity capital to assets 75.45%
Core capital (leverage) ratio 10.42%
Tier 1 risk-based capital ratio 9.61%
Total risk-based capital ratio 14.16%
Memoranda
Average assets$15
Average earning assets$77,599
Average equity $8,534
Average loans $71,276
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6 Wisconsin Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08228Dairyland State Bank719 North Main Street, Bruce, WI 54819January 01, 1934Full Service Brick and Mortar
1228752Exeland Branch803 North Grant Avenue, Exeland, WI 54835August 15, 1935Full Service Brick and Mortar
2228753Sheldon BranchW5513 Main Street, Sheldon, WI 54766August 15, 1935Full Service Brick and Mortar
36129Gilman BranchMain Street, Gilman, WI 54433May 14, 1914Full Service Brick and Mortar
5220325Holcombe Branch26359 State Highway 27, Suite H, Holcombe, WI 54745October 01, 1999Full Service Brick and Mortar
7425800Stanley Branch240 South Broadway, Stanley, WI 54768Febuary 24, 2004Full Service Brick and Mortar
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