First State Bank of Prairie Farm in Prairie Farm, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 12, 1995

First State Bank of Prairie Farm in Prairie Farm, Wisconsin (WI)
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First State Bank of Prairie Farm - Overview

General
FDIC Certificate #: 10016
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Dairy State Bank (#17162)
Federal Reserve ID: 48851
Date Established: March 18, 1908
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 6405
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: December 12, 1995
Last Structure Change Process Date: January 24, 1996
Last Data Update: January 24, 1996
Data Source Date: April 05, 2012
Location
Address: Main Street, Prairie Farm, WI 54762
County: Barron
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
Financial Summary
Total assets: $16.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$5Total assets
$15,337Cash and due from depository institutions
$734Interest-bearing balances
$276Securities
$6,788Federal funds sold & reverse repurchase agreements
$648Net loans & leases
$6,663Loan loss allowance
$114Trading account assets
$0Bank premises and fixed assets
$202Other real estate owned
$0Goodwill and other intangibles
$239Life insurance assets
$63All other assets
$0Total liabilities and capital
$15,337Total liabilities
$13,613Total deposits
$13,451Interest-bearing deposits
$12,347Deposits held in domestic offices
13451.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$162Total equity capital
$162Total bank equity capital
$1,724Perpetual preferred stock
$0Common stock
$100Surplus
$1,590Undivided profits
Memoranda
$34Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$162Income earned, not collected on loans
$46Earning assets
$14,375Long-term assets (5+ years)
$324Average Assets, year-to-date
$15,566Average Assets, quarterly
$15,598Volatile liabilities
$787Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$225Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,759Total risk weighted assets
$7,712Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$984Total interest expense
$511Net interest income
$473Provision for loan and lease losses
$0Total noninterest income
$61Fiduciary activities
$0Service charges on deposit accounts
$50Trading account gains & fees
$0Additional noninterest income
$11Total noninterest expense
$304Salaries and employee benefits
$154Premises and equipment expense
$45Additional noninterest expense
$105Pre-tax net operating income
$230Securities gains (losses)
-$24Applicable income taxes
$75Income before extraordinary items
$131Extraordinary gains - net
$0Net income attributable to bank
$131Net charge-offs
$0Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.79%Cost of funding earning assets
3.53%Net interest margin
3.26%Noninterest income to earning assets
0.42%Noninterest expense to earning assets
2.10%Net operating income to assets
0.94%Return on assets (ROA)
0.84%Pretax return on assets
1.32%Return on equity (ROE)
7.35%Retained earnings to average equity (YTD only)
1.74%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,056Assets per employee
3.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.34%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
70.37%Noncurrent assets plus other real estate owned to assets
1.06%Noncurrent loans to loans
2.39%Net loans and leases to deposits
49.54%Net loans and leases to core deposits
52.61%Equity capital to assets
11.24%Core capital (leverage) ratio
11.24%Tier 1 risk-based capital ratio
22.81%Total risk-based capital ratio
Memoranda
$24Average assets
$15,566Average earning assets
$1,783Average equity
$14,490Average loans

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