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

This bank is inactive as of May 21, 1994

  • Genoa State Bank in Genoa, Wisconsin (WI)
  • Show street view No street view available for this location

Genoa State Bank - Overview

  • General
  • FDIC Certificate #: 15147
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of Ontario (#21085)
    Federal Reserve ID: 728845
    Date Established: January 01, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 9517
    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: May 21, 1994
    Last Structure Change Process Date: June 07, 1994
    Last Data Update: June 07, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Genoa, WI 54632
    County: Vernon
    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
  • Financial Summary
  • Total assets: $5.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $6Total assets
  • $6,174Cash and due from depository institutions
  • $670Interest-bearing balances
  • $495Securities
  • $508Federal funds sold & reverse repurchase agreements
  • $425Net loans & leases
  • $4,304Loan loss allowance
  • $67Trading account assets
  • $0Bank premises and fixed assets
  • $66Other real estate owned
  • $0Goodwill and other intangibles
  • $201Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $6,174Total liabilities
  • $5,650Total deposits
  • $5,495Interest-bearing deposits
  • $4,862Deposits held in domestic offices
  • 5495.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $155Total equity capital
  • $155Total bank equity capital
  • $524Perpetual preferred stock
  • $0Common stock
  • $30Surplus
  • $270Undivided profits
  • Memoranda
  • $224Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $154Income earned, not collected on loans
  • $63Earning assets
  • $5,732Long-term assets (5+ years)
  • $233Average Assets, year-to-date
  • $5,891Average Assets, quarterly
  • $6,112Volatile liabilities
  • $600Insider loans
  • $56FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $50Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $524Total risk weighted assets
  • $4,245Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $493Total interest expense
  • $182Net interest income
  • $311Provision for loan and lease losses
  • $18Total noninterest income
  • $57Fiduciary activities
  • $0Service charges on deposit accounts
  • $32Trading account gains & fees
  • $0Additional noninterest income
  • $25Total noninterest expense
  • $232Salaries and employee benefits
  • $115Premises and equipment expense
  • $38Additional noninterest expense
  • $79Pre-tax net operating income
  • $118Securities gains (losses)
  • -$3Applicable income taxes
  • $35Income before extraordinary items
  • $80Extraordinary gains - net
  • $0Net income attributable to bank
  • $80Net charge-offs
  • $11Cash dividends
  • $75Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.98%Cost of funding earning assets
  • 3.32%Net interest margin
  • 5.67%Noninterest income to earning assets
  • 1.04%Noninterest expense to earning assets
  • 4.23%Net operating income to assets
  • 1.39%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 1.95%Return on equity (ROE)
  • 14.64%Retained earnings to average equity (YTD only)
  • 0.92%Net charge-offs to loans
  • 0.27%Credit loss provision to net charge-offs
  • 163.64%Efficiency ratio
  • 63,043Assets per employee
  • 1.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.75%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 43.51%Noncurrent assets plus other real estate owned to assets
  • 2.49%Noncurrent loans to loans
  • 3.52%Net loans and leases to deposits
  • 78.33%Net loans and leases to core deposits
  • 87.93%Equity capital to assets
  • 8.49%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 12.34%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $5,891Average earning assets
  • $546Average equity
  • $5,490Average loans

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