F&M Bank-Superior in Superior, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 03, 2000

F&M Bank-Superior in Superior, Wisconsin (WI)
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F&M Bank-Superior - Overview

General
FDIC Certificate #: 15015
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: F & M Bank-Wisconsin (#5305)
Federal Reserve ID: 715359
Date Established: September 04, 1917
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
OTS Docket #: 14284
FDIC's unique #: 9415
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 03, 2000
Last Structure Change Process Date: March 29, 2000
Last Data Update: March 29, 2000
Data Source Date: April 05, 2012
Location
Address: 1612 Belknap Street, Superior, WI 54880
County: Douglas
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
Metropolitan Statistical Area (MSA): Duluth-Superior, MN-WI (#2240)
Core Based Statistical Area (CBSA): Duluth, MN-WI (#20260)
CBSA Metro Statistical Area: Duluth, MN-WI (#20260)
Financial Summary
Total assets: $35.7 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
17Total employees (full-time equivalent)
$35,711Total assets
$1,975Cash and due from depository institutions
$1Interest-bearing balances
$8,209Securities
$0Federal funds sold & reverse repurchase agreements
$24,257Net loans & leases
$335Loan loss allowance
$0Trading account assets
$623Bank premises and fixed assets
$0Other real estate owned
$45Goodwill and other intangibles
$0Life insurance assets
$602All other assets
$35,711Total liabilities and capital
$32,833Total liabilities
$26,631Total deposits
$23,124Interest-bearing deposits
$26,631Deposits held in domestic offices
0.00%% insured (estimated)
$2,925Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,000Other borrowed funds
$0Subordinated debt
$277All other liabilities
$2,878Total equity capital
$2,878Total bank equity capital
$2,878Perpetual preferred stock
$0Common stock
$800Surplus
$1,200Undivided profits
Memoranda
$878Noncurrent loans and leases
$1,623Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$144Earning assets
$0Long-term assets (5+ years)
$99Average Assets, year-to-date
$32,467Average Assets, quarterly
$8,580Volatile liabilities
$34,779Insider loans
$35,218FHLB advances
$6,954Loans and leases held for sale
$1,081Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,623Total unused commitments
$0Restructured Loans and leases
$318Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$2,829Total interest income
$1,162Total interest expense
$1,667Net interest income
$51Provision for loan and lease losses
$352Total noninterest income
$0Fiduciary activities
$151Service charges on deposit accounts
$0Trading account gains & fees
$201Additional noninterest income
$1,178Total noninterest expense
$577Salaries and employee benefits
$159Premises and equipment expense
$442Additional noninterest expense
$790Pre-tax net operating income
-$12Securities gains (losses)
$218Applicable income taxes
$560Income before extraordinary items
$0Extraordinary gains - net
$560Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3Sale, conversion, retirement of capital stock, net
$400Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.72%Yield on earning assets
3.58%Cost of funding earning assets
5.14%Net interest margin
1.09%Noninterest income to earning assets
3.63%Noninterest expense to earning assets
1.64%Net operating income to assets
1.61%Return on assets (ROA)
2.24%Pretax return on assets
19.57%Return on equity (ROE)
5.59%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
1700.00%Credit loss provision to net charge-offs
280.33%Efficiency ratio
58,346Assets per employee
2.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.43%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
232.64%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.59%Net loans and leases to deposits
91.09%Net loans and leases to core deposits
98.60%Equity capital to assets
8.06%Core capital (leverage) ratio
8.38%Tier 1 risk-based capital ratio
11.58%Total risk-based capital ratio
Memoranda
$13Average assets
$34,779Average earning assets
$2,862Average equity
$32,425Average loans

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