Farmers State Bank in Pound, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1993

Farmers State Bank in Pound, Wisconsin (WI)
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Farmers State Bank - Overview

General
FDIC Certificate #: 13061
Status: Inactive
Closing history: Corrections
Acquiring institution: Associated Bank, National Association (#5296)
Federal Reserve ID: 145246
Date Established: July 15, 1915
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 8257
Numeric code: 21
Regulator: FDIC
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: July 01, 1993
Last Structure Change Process Date: July 14, 1993
Last Data Update: July 21, 1993
Data Source Date: April 05, 2012
Location
Address: Alma Street At Walker Street, Pound, WI 54161
County: Marinette
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
Core Based Statistical Area (CBSA): Marinette, WI-MI (#31940)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $72.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$34Total assets
$71,663Cash and due from depository institutions
$4,348Interest-bearing balances
$186Securities
$10,468Federal funds sold & reverse repurchase agreements
$5,700Net loans & leases
$48,268Loan loss allowance
$642Trading account assets
$0Bank premises and fixed assets
$1,097Other real estate owned
$53Goodwill and other intangibles
$623Life insurance assets
$1,106All other assets
$0Total liabilities and capital
$71,663Total liabilities
$65,442Total deposits
$64,570Interest-bearing deposits
$57,959Deposits held in domestic offices
64570.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$872Total equity capital
$872Total bank equity capital
$6,221Perpetual preferred stock
$0Common stock
$50Surplus
$5,938Undivided profits
Memoranda
$233Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,375Income earned, not collected on loans
$296Earning assets
$64,622Long-term assets (5+ years)
$1,686Average Assets, year-to-date
$69,766Average Assets, quarterly
$71,457Volatile liabilities
$4,400Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,891Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,115Total risk weighted assets
$45,561Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$6,009Total interest expense
$2,795Net interest income
$3,214Provision for loan and lease losses
$120Total noninterest income
$307Fiduciary activities
$0Service charges on deposit accounts
$193Trading account gains & fees
$0Additional noninterest income
$114Total noninterest expense
$2,027Salaries and employee benefits
$957Premises and equipment expense
$80Additional noninterest expense
$990Pre-tax net operating income
$1,374Securities gains (losses)
$0Applicable income taxes
$513Income before extraordinary items
$861Extraordinary gains - net
$0Net income attributable to bank
$861Net charge-offs
$78Cash dividends
$675Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.53%Cost of funding earning assets
4.43%Net interest margin
5.10%Noninterest income to earning assets
0.49%Noninterest expense to earning assets
3.21%Net operating income to assets
1.23%Return on assets (ROA)
1.23%Pretax return on assets
1.97%Return on equity (ROE)
14.02%Retained earnings to average equity (YTD only)
3.03%Net charge-offs to loans
0.16%Credit loss provision to net charge-offs
153.85%Efficiency ratio
55,496Assets per employee
2.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.40%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
46.69%Noncurrent assets plus other real estate owned to assets
1.99%Noncurrent loans to loans
2.81%Net loans and leases to deposits
74.75%Net loans and leases to core deposits
80.22%Equity capital to assets
8.68%Core capital (leverage) ratio
7.29%Tier 1 risk-based capital ratio
11.23%Total risk-based capital ratio
Memoranda
$12Average assets
$69,766Average earning assets
$6,143Average equity
$63,058Average loans

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