Great Midwest Bank, S.S.B. in Brookfield, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Great Midwest Bank, S.S.B. in Brookfield, Wisconsin (WI)
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Great Midwest Bank, S.S.B. - Overview

  • General
  • FDIC Certificate #: 29657
    Status: Active
    Federal Reserve ID: 524579
    Date Established: March 25, 1936
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: No)
    OTS Docket #: 3836
    FDIC's unique #: 42491
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: March 25, 1936
    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: 15900 West Bluemound Road, Brookfield, WI 53005
    County: Waukesha
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Milwaukee
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Milwaukee-Waukesha, WI (#5080)
    Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
    Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
    Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340)
    CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $527.1 mil
    Equity capital: $97.6 mil
    Deposits held in domestic offices: $380.9 mil
    Return on assets (ROA): 0.37% ($1.9 mil)
    Quarterly return on assets: 0.51% ($2.7 mil)
    Return on Equity (ROE): 2.10% ($2.1 mil)
    Quarterly return on equity: 2.81% ($2.8 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.52% ($2,740.8 mil)
    Quarterly Pretax return on assets: 0.73% ($3,847.7 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
  • 76Total employees (full-time equivalent)
  • $527,078Total assets
  • $8,279Cash and due from depository institutions
  • $3,584Interest-bearing balances
  • $92,533Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $400,743Net loans & leases
  • $4,458Loan loss allowance
  • $0Trading account assets
  • $3,587Bank premises and fixed assets
  • $3,235Other real estate owned
  • $2,217Goodwill and other intangibles
  • $527,077Life insurance assets
  • $16,484All other assets
  • $429,497Total liabilities and capital
  • $380,860Total liabilities
  • $363,704Total deposits
  • $380,860Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $46,615Trading liabilities
  • $0Other borrowed funds
  • $2,022Subordinated debt
  • $97,580All other liabilities
  • $97,580Total equity capital
  • $97,580Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $97,580Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $10,634Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,284Income earned, not collected on loans
  • $0Earning assets
  • $2,281Long-term assets (5+ years)
  • $496,860Average Assets, year-to-date
  • $97,348Average Assets, quarterly
  • $540,502Volatile liabilities
  • $537,524Insider loans
  • $326,405FHLB advances
  • $537,906Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $95,977Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,658Restructured Loans and leases
  • $623Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $23,335Total interest income
  • $8,257Total interest expense
  • $15,078Net interest income
  • $1,084Provision for loan and lease losses
  • $2,804Total noninterest income
  • $0Fiduciary activities
  • $309Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,495Additional noninterest income
  • $13,992Total noninterest expense
  • $10,212Salaries and employee benefits
  • $1,172Premises and equipment expense
  • $2,608Additional noninterest expense
  • $2,806Pre-tax net operating income
  • $0Securities gains (losses)
  • $797Applicable income taxes
  • $2,009Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,009Net income attributable to bank
  • $0Net charge-offs
  • $2,009Cash dividends
  • $464Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.57%Yield on earning assets
  • 1.62%Cost of funding earning assets
  • 2.96%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 0.37%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 2.10%Return on equity (ROE)
  • 2.10%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 233.62%Credit loss provision to net charge-offs
  • 8.38%Efficiency ratio
  • 78,246Assets per employee
  • 6.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 36.29%Noncurrent assets plus other real estate owned to assets
  • 2.94%Noncurrent loans to loans
  • 3.03%Net loans and leases to deposits
  • 105.22%Net loans and leases to core deposits
  • 119.96%Equity capital to assets
  • 18.51%Core capital (leverage) ratio
  • 17.84%Tier 1 risk-based capital ratio
  • 29.40%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $540,502Average earning assets
  • $95,667Average equity
  • $510,066Average loans

List of branches

  • 10 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042491Great Midwest Bank, S.S.b.15900 West Bluemound Road, Brookfield, WI 53005March 25, 1936Full Service Brick and Mortar
    12766604775 South 27th Street Branch4775 South 27th Street, Greenfield, WI 53221March 25, 1936Full Service Brick and Mortar
    32766611050 East Chestnut Street1050 East Chestnut Street, Chilton, WI 53014March 25, 1936Full Service Brick and Mortar
    5276663600 Hartbrook Dr Branch600 Hartbrook Dr, Hartland, WI 53029March 25, 1936Full Service Brick and Mortar
    6276664135 East College Avenue Branch135 East College Avenue, Appleton, WI 54911March 25, 1936Full Service Brick and Mortar
    7276665505 West Brown Deer Road Branch505 West Brown Deer Road, Bayside, WI 53217March 25, 1936Full Service Brick and Mortar
    82766665732 West Oklahoma Ave Branch5732 West Oklahoma Ave, Milwaukee, WI 53219March 25, 1936Full Service Brick and Mortar
    92766675150 South 76th Street Branch5150 South 76th Street, Greendale, WI 53129March 25, 1936Full Service Brick and Mortar
    10027666910269 West National Ave Branch10269 West National Ave, West Allis, WI 53227March 25, 1936Full Service Brick and Mortar
    1012766706702 Odana Road Branch6702 Odana Road, Madison, WI 53711March 25, 1936Full Service Brick and Mortar

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