First Federal Bank of Eau Claire, FSB in city_name, state_name

First Federal Bank of Eau Claire, FSB in Eau Claire, Wisconsin (WI)
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First Federal Bank of Eau Claire, FSB - Overview

General
FDIC Certificate #: 30226
Status: Inactive
Closing history: Corrections
Acquiring institution: Bank Mutual (#30125)
Federal Reserve ID: 234971
Date Established: September 01, 1943
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 4999
FDIC's unique #: 43060
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: November 12, 1943
Last Structure Change Effective Date: April 01, 1997
Last Structure Change Process Date: April 15, 1997
Last Data Update: April 21, 1997
Data Source Date: April 05, 2012
Location
Address: 319 East Grand Avenue, Eau Claire, WI 54701
County: Eau Claire
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): Eau Claire, WI (#2290)
Combined Statistical Area (CSA): Eau Claire-Menomonie, WI (#232)
Core Based Statistical Area (CBSA): Eau Claire, WI (#20740)
CBSA Metro Statistical Area: Eau Claire, WI (#20740)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $728.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$186Total assets
$723,073Cash and due from depository institutions
$11,377Interest-bearing balances
$6,241Securities
$160,603Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$521,073Loan loss allowance
$1,481Trading account assets
$0Bank premises and fixed assets
$8,242Other real estate owned
$438Goodwill and other intangibles
$17,542Life insurance assets
$3,798All other assets
$0Total liabilities and capital
$723,073Total liabilities
$650,878Total deposits
$381,486Interest-bearing deposits
$374,170Deposits held in domestic offices
381486.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$265,211Subordinated debt
$0All other liabilities
$4,181Total equity capital
$4,181Total bank equity capital
$72,195Perpetual preferred stock
$0Common stock
$1Surplus
$35,312Undivided profits
Memoranda
$36,882Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$201Income earned, not collected on loans
$3,507Earning assets
$687,917Long-term assets (5+ years)
$0Average Assets, year-to-date
$690,293Average Assets, quarterly
$725,675Volatile liabilities
$289,302Insider loans
$923FHLB advances
$239,250Loans and leases held for sale
$0Unused loan commitments
$16,002Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$68,017Total risk weighted assets
$337,137Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$50,868Total interest expense
$31,061Net interest income
$19,807Provision for loan and lease losses
$728Total noninterest income
$3,140Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$3,140Total noninterest expense
$16,076Salaries and employee benefits
$8,186Premises and equipment expense
$2,347Additional noninterest expense
$5,543Pre-tax net operating income
$6,143Securities gains (losses)
$102Applicable income taxes
$2,141Income before extraordinary items
$4,104Extraordinary gains - net
$0Net income attributable to bank
$4,104Net charge-offs
$72Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.73%Cost of funding earning assets
4.72%Net interest margin
3.01%Noninterest income to earning assets
0.48%Noninterest expense to earning assets
2.44%Net operating income to assets
0.58%Return on assets (ROA)
0.59%Pretax return on assets
0.90%Return on equity (ROE)
5.90%Retained earnings to average equity (YTD only)
5.90%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
1011.11%Efficiency ratio
68,541Assets per employee
3.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.28%Loss allowance to noncurrent loans
478.11%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.04%Net loans and leases to deposits
136.59%Net loans and leases to core deposits
145.80%Equity capital to assets
9.98%Core capital (leverage) ratio
9.46%Tier 1 risk-based capital ratio
20.17%Total risk-based capital ratio
Memoranda
$20Average assets
$690,293Average earning assets
$69,530Average equity
$657,742Average loans

First Federal Bank of Eau Claire, FSB in Eau Claire, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Bank of Eau Claire, FSB - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

First Federal Bank of Eau Claire, FSB in Eau Claire, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Bank of Eau Claire, FSB - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

First Federal Bank of Eau Claire, FSB in Eau Claire, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches