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- Banks in Wisconsin (WI)
- First Banking Center-Albany
First Banking Center-Albany in Albany, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of April 06, 1998
- First Banking Center-Albany in Albany, Wisconsin (WI)
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First Banking Center-Albany - Overview
- General
- FDIC Certificate #: 2479
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Banking Center (#5287)
Federal Reserve ID: 441948
Date Established: January 01, 1892
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
OTS Docket #: 10575
FDIC's unique #: 1629
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: April 06, 1998
Last Structure Change Process Date: April 08, 1998
Last Data Update: April 11, 1998
Data Source Date: April 05, 2012 - Location
- Address: 102 West Main Street, Albany, WI 53502
County: Green
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
Core Based Statistical Area (CBSA): Monroe, WI (#33820)
CBSA Micro Statistical Area: Yes - Financial Summary
- Total assets: $28.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
- Dollar figures in thousands
- 13Total employees (full-time equivalent)
- $28,132Total assets
- $1,845Cash and due from depository institutions
- $601Interest-bearing balances
- $3,376Securities
- $398Federal funds sold & reverse repurchase agreements
- $21,426Net loans & leases
- $336Loan loss allowance
- $0Trading account assets
- $724Bank premises and fixed assets
- $0Other real estate owned
- $0Goodwill and other intangibles
- $0Life insurance assets
- $363All other assets
- $28,132Total liabilities and capital
- $25,275Total liabilities
- $23,805Total deposits
- $21,452Interest-bearing deposits
- $23,805Deposits held in domestic offices
- 0.00%% insured (estimated)
- $270Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $1,028Other borrowed funds
- $0Subordinated debt
- $172All other liabilities
- $2,857Total equity capital
- $2,857Total bank equity capital
- $2,857Perpetual preferred stock
- $0Common stock
- $100Surplus
- $1,570Undivided profits
- Memoranda
- $1,187Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $0Earning assets
- $0Long-term assets (5+ years)
- $222Average Assets, year-to-date
- $25,801Average Assets, quarterly
- $1,535Volatile liabilities
- $26,503Insider loans
- $26,760FHLB advances
- $2,068Loans and leases held for sale
- $739Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $2,559Total unused commitments
- $0Restructured Loans and leases
- $20,897Derivatives
Income and Expense (December 31, 1997)
- Dollar figures in thousands
- $2,083Total interest income
- $1,069Total interest expense
- $1,014Net interest income
- $30Provision for loan and lease losses
- $183Total noninterest income
- $0Fiduciary activities
- $112Service charges on deposit accounts
- $0Trading account gains & fees
- $71Additional noninterest income
- $833Total noninterest expense
- $386Salaries and employee benefits
- $114Premises and equipment expense
- $333Additional noninterest expense
- $334Pre-tax net operating income
- $0Securities gains (losses)
- $114Applicable income taxes
- $220Income before extraordinary items
- $0Extraordinary gains - net
- $220Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $3Sale, conversion, retirement of capital stock, net
- $120Net operating income
Performance and Condition Ratios (December 31, 1997)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 8.53%Yield on earning assets
- 4.38%Cost of funding earning assets
- 4.15%Net interest margin
- 0.75%Noninterest income to earning assets
- 3.41%Noninterest expense to earning assets
- 0.83%Net operating income to assets
- 0.83%Return on assets (ROA)
- 1.26%Pretax return on assets
- 7.85%Return on equity (ROE)
- 3.57%Retained earnings to average equity (YTD only)
- 0.02%Net charge-offs to loans
- 1000.00%Credit loss provision to net charge-offs
- 121.33%Efficiency ratio
- 69,591Assets per employee
- 2.16%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 54.55%Loss allowance to loans
- 1.54%Loss allowance to noncurrent loans
- 0.00%Noncurrent assets plus other real estate owned to assets
- 0.00%Noncurrent loans to loans
- 0.00%Net loans and leases to deposits
- 90.01%Net loans and leases to core deposits
- 95.58%Equity capital to assets
- 10.16%Core capital (leverage) ratio
- 10.37%Tier 1 risk-based capital ratio
- 13.54%Total risk-based capital ratio
- Memoranda
- $15Average assets
- $26,503Average earning assets
- $2,804Average equity
- $24,412Average loans
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- Banks in Wisconsin (WI)
- First Banking Center-Albany
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