Farmers and Merchants Union Bank in Columbus, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants Union Bank - Overview

  • General
  • FDIC Certificate #: 14445
    Status: Active
    Federal Reserve ID: 51842
    Bank Holding Company (Regulatory Top Holder): Jewel Box Financial Services, Inc. (RSSDID: 2653071, Location: Columbus, WI)
    Date Established: September 05, 1861
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 14748
    FDIC's unique #: 9027
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 05, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 159 West James Street, Columbus, WI 53925
    County: Columbia
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Madison
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Madison-Baraboo, WI (#358)
    Core Based Statistical Area (CBSA): Madison, WI (#31540)
    CBSA Metro Statistical Area: Madison, WI (#31540)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $293.0 mil
    Equity capital: $26.7 mil
    Deposits held in domestic offices: $265.5 mil
    Return on assets (ROA): 0.76% ($2.2 mil)
    Quarterly return on assets: 0.28% ($0.8 mil)
    Return on Equity (ROE): 7.90% ($2.1 mil)
    Quarterly return on equity: 2.99% ($0.8 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.18% ($3,457.2 mil)
    Quarterly Pretax return on assets: 0.24% ($703.1 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
  • 54Total employees (full-time equivalent)
  • $292,979Total assets
  • $54,266Cash and due from depository institutions
  • $49Interest-bearing balances
  • $16,951Securities
  • $561Federal funds sold & reverse repurchase agreements
  • $205,942Net loans & leases
  • $4,750Loan loss allowance
  • $0Trading account assets
  • $7,123Bank premises and fixed assets
  • $2,335Other real estate owned
  • $0Goodwill and other intangibles
  • $292,979Life insurance assets
  • $5,801All other assets
  • $266,253Total liabilities and capital
  • $265,533Total liabilities
  • $228,038Total deposits
  • $265,533Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $720Subordinated debt
  • $26,726All other liabilities
  • $26,726Total equity capital
  • $26,726Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $5,058Surplus
  • $21,418Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $242Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,521Income earned, not collected on loans
  • $0Earning assets
  • $1,256Long-term assets (5+ years)
  • $223,503Average Assets, year-to-date
  • $22,841Average Assets, quarterly
  • $269,244Volatile liabilities
  • $280,759Insider loans
  • $214,111FHLB advances
  • $277,346Loans and leases held for sale
  • $1,400Unused loan commitments
  • $1,400Tier 1 (core) risk-based capital
  • $26,144Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,391Restructured Loans and leases
  • $1,169Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,381Total interest income
  • $2,825Total interest expense
  • $10,556Net interest income
  • $1,950Provision for loan and lease losses
  • $890Total noninterest income
  • $0Fiduciary activities
  • $100Service charges on deposit accounts
  • $0Trading account gains & fees
  • $790Additional noninterest income
  • $6,239Total noninterest expense
  • $2,813Salaries and employee benefits
  • $766Premises and equipment expense
  • $2,660Additional noninterest expense
  • $3,257Pre-tax net operating income
  • -$93Securities gains (losses)
  • $1,128Applicable income taxes
  • $2,036Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,036Net income attributable to bank
  • $0Net charge-offs
  • $2,036Cash dividends
  • $3,739Sale, conversion, retirement of capital stock, net
  • $168Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.65%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 0.78%Net operating income to assets
  • 0.76%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 7.90%Return on equity (ROE)
  • 7.25%Retained earnings to average equity (YTD only)
  • 1.67%Net charge-offs to loans
  • 52.15%Credit loss provision to net charge-offs
  • 1.39%Efficiency ratio
  • 54,508Assets per employee
  • 5.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 8.25%Loss allowance to loans
  • 2.25%Loss allowance to noncurrent loans
  • 105.07%Noncurrent assets plus other real estate owned to assets
  • 2.34%Noncurrent loans to loans
  • 2.15%Net loans and leases to deposits
  • 77.56%Net loans and leases to core deposits
  • 86.47%Equity capital to assets
  • 9.12%Core capital (leverage) ratio
  • 9.43%Tier 1 risk-based capital ratio
  • 12.21%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $269,244Average earning assets
  • $25,758Average equity
  • $236,864Average loans

List of branches

  • 5 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09027Farmers And Merchants Union Bank159 West James Street, Columbus, WI 53925September 05, 1861Full Service Brick and Mortar
    1231495Friesland Branch114 West Winnebago Street, Friesland, WI 53935October 16, 1939Full Service Brick and Mortar
    2231496Industrial Drive Branch104 Industrial Drive, Columbus, WI 53925March 21, 1994Full Service Brick and Mortar
    3366289Juneau Branch405 Jewel Street, Juneau, WI 53039Febuary 24, 2003Full Service Brick and Mortar
    4466130Farmers & Merchants Union Bank Branc637 South Main Street, Fall River, WI 53932April 24, 2007Full Service Brick and Mortar

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