Denmark State Bank in Denmark, Wisconsin (WI)



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Denmark State Bank routing number info

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Denmark State Bank
GeneralFDIC Certificate #: 13240
Status: Active
Federal Reserve ID: 222446
Bank Holding Company (Regulatory Top Holder): Denmark Bancshares, Inc. (RSSDID: 1209789, Location: Denmark, WI)
Date Established: March 21, 1909
WWW: http://www.denmarkstate.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)
OTS Docket #: 11945
FDIC's unique #: 8375
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 01, 2010
Last Structure Change Process Date: December 06, 2010
Last Data Update: December 06, 2010
Data Source Date: April 05, 2012
LocationAddress: 103 Main Street, Denmark, WI 54208
County: Brown
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
Metropolitan Statistical Area (MSA): Green Bay, WI (#3080)
Core Based Statistical Area (CBSA): Green Bay, WI (#24580)
CBSA Metro Statistical Area: Green Bay, WI (#24580)
Financial SummaryTotal assets: $392.7 mil
Equity capital: $40.2 mil
Deposits held in domestic offices: $329.8 mil
Return on assets (ROA): 0.78% ($3.1 mil)
Quarterly return on assets: 0.83% ($3.3 mil)
Return on Equity (ROE): 7.53% ($3.0 mil)
Quarterly return on equity: 7.95% ($3.2 mil)
Net income: $3.0 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.10% ($4,319.3 mil)
Quarterly Pretax return on assets: 1.20% ($4,712.0 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)83
Total assets$392,666
Cash and due from depository institutions$21,906
Interest-bearing balances$9,957
Securities$67,611
Federal funds sold & reverse repurchase agreements$20,187
Net loans & leases$266,316
Loan loss allowance $6,045
Trading account assets$0
Bank premises and fixed assets$209
Other real estate owned$802
Goodwill and other intangibles$137
All other assets$15,498
Life insurance assets$392,666
Total liabilities and capital$352,417
Total liabilities$329,782
Total deposits$280,334
Interest-bearing deposits$329,782
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$21,650
Other borrowed funds $0
Subordinated debt $985
All other liabilities $40,249
Total equity capital$40,249
Total bank equity capital$40,249
Perpetual preferred stock$0
Common stock$199
Surplus$9,500
Undivided profits $30,550
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $486
Income earned, not collected on loans $8,656
Earning assets $0
Long-term assets (5+ years) $1,165
Average Assets, year-to-date $364,071
Average Assets, quarterly $83,782
Volatile liabilities $382,281
Insider loans $385,967
FHLB advances $274,788
Loans and leases held for sale $378,408
Unused loan commitments $7,083
Tier 1 (core) risk-based capital $7,083
Tier 2 risk-based capital $40,551
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $41,315
Derivatives$284
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $16,403
Total interest expense $3,885
Net interest income $12,518
Provision for loan and lease losses $600
Total noninterest income $1,911
Fiduciary activities $0
Service charges on deposit accounts $547
Trading account gains & fees $0
Additional noninterest income $1,364
Total noninterest expense $9,462
Salaries and employee benefits $5,708
Premises and equipment expense $1,042
Additional noninterest expense $2,712
Pre-tax net operating income $4,367
Securities gains (losses) -$173
Applicable income taxes $1,200
Income before extraordinary items $2,994
Extraordinary gains - net $0
Net income attributable to bank $2,994
Net charge-offs $0
Cash dividends $2,994
Sale, conversion, retirement of capital stock, net $886
Net operating income $1,795
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.64%
Cost of funding earning assets 1.10%
Net interest margin 3.54%
Noninterest income to earning assets 0.54%
Noninterest expense to earning assets 2.67%
Net operating income to assets 0.82%
Return on assets (ROA) 0.78%
Pretax return on assets 1.10%
Return on equity (ROE) 7.53%
Retained earnings to average equity (YTD only) 3.01%
Net charge-offs to loans 0.33%
Credit loss provision to net charge-offs 67.72%
Efficiency ratio5.61%
Assets per employee$64,246
Cash dividends to net income (YTD only)4.73%
Condition Ratios (%)
Loss allowance to loans 59.95%
Loss allowance to noncurrent loans 2.22%
Noncurrent assets plus other real estate owned to assets 69.84%
Noncurrent loans to loans 2.41%
Net loans and leases to deposits3.18%
Net loans and leases to core deposits 80.76%
Equity capital to assets 82.22%
Core capital (leverage) ratio 10.25%
Tier 1 risk-based capital ratio 10.72%
Total risk-based capital ratio 14.76%
Memoranda
Average assets$16
Average earning assets$382,281
Average equity $39,768
Average loans $353,727
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6 Wisconsin Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08375Denmark State Bank103 Main Street, Denmark, WI 54208March 21, 1909Full Service Brick and Mortar
1229370Noel Drive Branch2646 Noel Drive, Green Bay, WI 54311November 11, 1969Full Service Brick and Mortar
29521Maribel Branch14727 South Maribel Road, Maribel, WI 54227June 20, 1912Full Service Brick and Mortar
3233303Whitelaw Branch202 North Hickory Street, Whitelaw, WI 54247April 07, 1934Full Service Brick and Mortar
47848Manitowoc Street Branch427 Manitowoc Street, Reedsville, WI 54230December 01, 1906Full Service Brick and Mortar
6432020Wrightstown-West Office1050 Broadway Street, Wrightstown, WI 54180August 30, 2004Full Service Brick and Mortar
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