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

Laona State Bank - Overview

  • General
  • FDIC Certificate #: 11601
    Status: Active
    Federal Reserve ID: 178150
    Bank Holding Company (Regulatory Top Holder): Northern Wisconsin Bank Holding Company, Inc. (RSSDID: 1128189, Location: Laona, WI)
    Date Established: January 01, 1914
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 7414
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 05, 2007
    Last Structure Change Process Date: March 14, 2008
    Last Data Update: March 14, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 5308 Beech Street, Laona, WI 54541
    County: Forest
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Appleton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $153.7 mil
    Equity capital: $16.2 mil
    Deposits held in domestic offices: $136.9 mil
    Return on assets (ROA): 0.57% ($0.9 mil)
    Quarterly return on assets: 0.63% ($1.0 mil)
    Return on Equity (ROE): 5.43% ($0.9 mil)
    Quarterly return on equity: 5.94% ($1.0 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.61% ($937.5 mil)
    Quarterly Pretax return on assets: 0.72% ($1,106.6 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
  • 37Total employees (full-time equivalent)
  • $153,690Total assets
  • $4,467Cash and due from depository institutions
  • $0Interest-bearing balances
  • $36,696Securities
  • $11,627Federal funds sold & reverse repurchase agreements
  • $95,125Net loans & leases
  • $1,279Loan loss allowance
  • $0Trading account assets
  • $1,138Bank premises and fixed assets
  • $1,016Other real estate owned
  • $1,284Goodwill and other intangibles
  • $153,690Life insurance assets
  • $2,337All other assets
  • $137,467Total liabilities and capital
  • $136,869Total liabilities
  • $122,515Total deposits
  • $136,869Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $598Subordinated debt
  • $16,223All other liabilities
  • $16,223Total equity capital
  • $16,223Total bank equity capital
  • $0Perpetual preferred stock
  • $169Common stock
  • $3,906Surplus
  • $12,148Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,677Income earned, not collected on loans
  • $431Earning assets
  • $606Long-term assets (5+ years)
  • $143,448Average Assets, year-to-date
  • $20,688Average Assets, quarterly
  • $150,065Volatile liabilities
  • $152,941Insider loans
  • $95,642FHLB advances
  • $150,236Loans and leases held for sale
  • $1,365Unused loan commitments
  • $1,365Tier 1 (core) risk-based capital
  • $13,928Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,052Restructured Loans and leases
  • $609Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,390Total interest income
  • $1,899Total interest expense
  • $4,491Net interest income
  • $370Provision for loan and lease losses
  • $297Total noninterest income
  • $0Fiduciary activities
  • $121Service charges on deposit accounts
  • $0Trading account gains & fees
  • $176Additional noninterest income
  • $3,502Total noninterest expense
  • $1,896Salaries and employee benefits
  • $298Premises and equipment expense
  • $1,308Additional noninterest expense
  • $916Pre-tax net operating income
  • $0Securities gains (losses)
  • $65Applicable income taxes
  • $851Income before extraordinary items
  • $0Extraordinary gains - net
  • $851Net income attributable to bank
  • $0Net charge-offs
  • $851Cash dividends
  • $284Sale, conversion, retirement of capital stock, net
  • $160Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.58%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.22%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 2.51%Noninterest expense to earning assets
  • 0.57%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.61%Pretax return on assets
  • 5.43%Return on equity (ROE)
  • 4.41%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 130.28%Credit loss provision to net charge-offs
  • 4.53%Efficiency ratio
  • 71,909Assets per employee
  • 4.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.80%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 22.53%Noncurrent assets plus other real estate owned to assets
  • 4.35%Noncurrent loans to loans
  • 5.89%Net loans and leases to deposits
  • 69.50%Net loans and leases to core deposits
  • 75.33%Equity capital to assets
  • 10.56%Core capital (leverage) ratio
  • 9.27%Tier 1 risk-based capital ratio
  • 14.56%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $150,065Average earning assets
  • $15,679Average equity
  • $139,416Average loans

List of branches

  • 7 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07414Laona State Bank5308 Beech Street, Laona, WI 54541January 01, 1914Full Service Brick and Mortar
    1225234Crandon BranchHighway 8 East, Pioneer Plaza, Crandon, WI 54520August 29, 1994Limited Service Facility
    2270078Lake Ave Branch108 North Lake Street, Crandon, WI 54520January 01, 1913Full Service Brick and Mortar
    4225236Armstrong Creek BranchPo Box 38 497 Hwy 8, Armstrong Creek, WI 54103April 23, 1999Limited Service Facility
    5225237Lakewood Branch17186 Twin Pine Road, Lakewood, WI 54138September 13, 1999Limited Service Facility
    6233313Lakewood Branch15290 Hwy 32, Lakewood, WI 54138July 15, 1968Full Service Brick and Mortar
    7456661Wabeno Branch4519 North Branch Street, Wabeno, WI 54566November 15, 2006Full Service Brick and Mortar

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