ISB Community Bank in Ixonia, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

ISB Community Bank - Overview

  • General
  • FDIC Certificate #: 12514
    Status: Active
    Federal Reserve ID: 529341
    Bank Holding Company (Regulatory Top Holder): Ixonia Bancshares, Inc. (RSSDID: 1247295, Location: Ixonia, WI)
    Date Established: January 01, 1918
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 12974
    FDIC's unique #: 7962
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 23, 2012
    Last Structure Change Process Date: Febuary 23, 2012
    Last Data Update: Febuary 23, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: W 1046 Marietta Ave, Ixonia, WI 53036
    County: Jefferson
    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
    Core Based Statistical Area (CBSA): Watertown-Fort Atkinson, WI (#48020)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $345.6 mil
    Equity capital: $21.2 mil
    Deposits held in domestic offices: $312.9 mil
    Return on assets (ROA): -1.31% (-$4.5 mil)
    Quarterly return on assets: -3.35% (-$11.6 mil)
    Return on Equity (ROE): -19.75% (-$4.1 mil)
    Quarterly return on equity: -51.52% (-$10.8 mil)
    Net income: -$4.8 mil
    Quarterly Net income: -$2.9 mil
    Pretax return on assets: -1.30% (-$4,493.2 mil)
    Quarterly Pretax return on assets: -3.31% (-$11,440.5 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
  • 64Total employees (full-time equivalent)
  • $345,633Total assets
  • $53,283Cash and due from depository institutions
  • $45,122Interest-bearing balances
  • $35,721Securities
  • $793Federal funds sold & reverse repurchase agreements
  • $232,605Net loans & leases
  • $9,927Loan loss allowance
  • $0Trading account assets
  • $10,877Bank premises and fixed assets
  • $3,906Other real estate owned
  • $364Goodwill and other intangibles
  • $345,633Life insurance assets
  • $8,084All other assets
  • $324,414Total liabilities and capital
  • $312,926Total liabilities
  • $273,694Total deposits
  • $312,926Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 8861.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,627Subordinated debt
  • $21,219All other liabilities
  • $21,219Total equity capital
  • $21,219Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $11,350Surplus
  • $9,669Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $369Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $24,004Income earned, not collected on loans
  • $0Earning assets
  • $997Long-term assets (5+ years)
  • $314,241Average Assets, year-to-date
  • $32,591Average Assets, quarterly
  • $363,185Volatile liabilities
  • $346,884Insider loans
  • $253,604FHLB advances
  • $342,393Loans and leases held for sale
  • $5,552Unused loan commitments
  • $5,552Tier 1 (core) risk-based capital
  • $20,644Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $33,567Restructured Loans and leases
  • $3,500Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,093Total interest income
  • $3,694Total interest expense
  • $10,399Net interest income
  • $7,216Provision for loan and lease losses
  • $2,318Total noninterest income
  • $0Fiduciary activities
  • $764Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,554Additional noninterest income
  • $10,548Total noninterest expense
  • $4,473Salaries and employee benefits
  • $1,510Premises and equipment expense
  • $4,565Additional noninterest expense
  • -$5,047Pre-tax net operating income
  • $327Securities gains (losses)
  • $35Applicable income taxes
  • -$4,755Income before extraordinary items
  • $0Extraordinary gains - net
  • -$4,755Net income attributable to bank
  • $0Net charge-offs
  • -$4,755Cash dividends
  • $11,448Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 3.33%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 3.38%Noninterest expense to earning assets
  • -1.40%Net operating income to assets
  • -1.31%Return on assets (ROA)
  • -1.30%Pretax return on assets
  • -19.75%Return on equity (ROE)
  • -19.75%Retained earnings to average equity (YTD only)
  • 4.28%Net charge-offs to loans
  • 63.03%Credit loss provision to net charge-offs
  • 0.19%Efficiency ratio
  • 82,944Assets per employee
  • 5.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.09%Loss allowance to noncurrent loans
  • 41.36%Noncurrent assets plus other real estate owned to assets
  • 8.08%Noncurrent loans to loans
  • 9.90%Net loans and leases to deposits
  • 74.33%Net loans and leases to core deposits
  • 87.40%Equity capital to assets
  • 6.14%Core capital (leverage) ratio
  • 6.03%Tier 1 risk-based capital ratio
  • 8.14%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $363,185Average earning assets
  • $24,074Average equity
  • $312,494Average loans

List of branches

  • 7 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07962Isb Community BankW 1046 Marietta Ave, Ixonia, WI 53036January 01, 1918Full Service Brick and Mortar
    1227287Watertown Branch109 Oakridge Court, Watertown, WI 53094December 26, 1990Full Service Brick and Mortar
    2227288Oconomowoc Branch1223 East Summit Avenue, Oconomowoc, WI 53066December 19, 1994Full Service Brick and Mortar
    3227289Church Street Branch1725 South Church Street, Watertown, WI 53094January 31, 1997Full Service Brick and Mortar
    4358965Dousman Branch491 North Main Street, Dousman, WI 53118December 18, 2000Full Service Brick and Mortar
    6465761Three Pillars Branch365 Sunset Drive, Dousman, WI 53118August 02, 2006Limited Service Mobile
    7489600Hartland BranchVillage Square Drive, Hartland, WI 53029November 01, 2008Full Service Brick and Mortar

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