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


Dairyland State Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total 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
  • 34Total employees (full-time equivalent)
  • $78,684Total assets
  • $11,400Cash and due from depository institutions
  • $8,891Interest-bearing balances
  • $10,917Securities
  • $239Federal funds sold & reverse repurchase agreements
  • $51,834Net loans & leases
  • $728Loan loss allowance
  • $0Trading account assets
  • $1,175Bank premises and fixed assets
  • $692Other real estate owned
  • $521Goodwill and other intangibles
  • $78,684Life insurance assets
  • $1,906All other assets
  • $70,488Total liabilities and capital
  • $69,335Total liabilities
  • $54,635Total deposits
  • $69,335Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,006Trading liabilities
  • $0Other borrowed funds
  • $147Subordinated debt
  • $8,196All other liabilities
  • $8,196Total equity capital
  • $8,196Total bank equity capital
  • $0Perpetual preferred stock
  • $540Common stock
  • $6,998Surplus
  • $658Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $592Income earned, not collected on loans
  • $380Earning assets
  • $362Long-term assets (5+ years)
  • $71,881Average Assets, year-to-date
  • $7,769Average Assets, quarterly
  • $77,599Volatile liabilities
  • $77,867Insider loans
  • $52,053FHLB advances
  • $76,653Loans and leases held for sale
  • $669Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,370Tier 2 risk-based capital
  • $669Total risk weighted assets
  • $0Total unused commitments
  • $5,410Restructured Loans and leases
  • $2,297Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,637Total interest income
  • $597Total interest expense
  • $3,040Net interest income
  • $121Provision for loan and lease losses
  • $439Total noninterest income
  • $0Fiduciary activities
  • $238Service charges on deposit accounts
  • $0Trading account gains & fees
  • $201Additional noninterest income
  • $2,754Total noninterest expense
  • $1,547Salaries and employee benefits
  • $331Premises and equipment expense
  • $876Additional noninterest expense
  • $604Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $604Income before extraordinary items
  • $0Extraordinary gains - net
  • $604Net income attributable to bank
  • $0Net charge-offs
  • $604Cash dividends
  • $205Sale, conversion, retirement of capital stock, net
  • $1,780Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.10%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 3.86%Noninterest expense to earning assets
  • 0.78%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 7.08%Return on equity (ROE)
  • -13.78%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 59.02%Credit loss provision to net charge-offs
  • 3.54%Efficiency ratio
  • 78,672Assets per employee
  • 2.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 294.70%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 122.97%Noncurrent assets plus other real estate owned to assets
  • 1.63%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 74.76%Net loans and leases to core deposits
  • 75.45%Equity capital to assets
  • 10.42%Core capital (leverage) ratio
  • 9.61%Tier 1 risk-based capital ratio
  • 14.16%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $77,599Average earning assets
  • $8,534Average equity
  • $71,276Average loans

List of branches

  • 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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