Lincoln Community Bank in Milwaukee, Wisconsin (WI)



Show street view No street view available for this location
Table of contents:
Lincoln Community Bank
GeneralFDIC Certificate #: 29939
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Lincoln State Bank (#13028)
Federal Reserve ID: 678472
Date Established: January 01, 1910
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 4387
FDIC's unique #: 42773
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 14, 1941
Last Structure Change Effective Date: Febuary 19, 2002
Last Structure Change Process Date: March 22, 2002
Last Data Update: March 22, 2002
Data Source Date: April 05, 2012
LocationAddress: 3131 South 13th Street, Milwaukee, WI 53215
County: Milwaukee
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)
Financial SummaryTotal assets: $109.2 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, 2001)
(Dollar figures in thousands)
Total employees (full-time equivalent)23
Total assets$109,176
Cash and due from depository institutions$2,279
Interest-bearing balances$50
Securities$16,951
Federal funds sold & reverse repurchase agreements$1,492
Net loans & leases$84,528
Loan loss allowance $833
Trading account assets$0
Bank premises and fixed assets$1,319
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,607
Life insurance assets$0
Total liabilities and capital$109,176
Total liabilities$99,470
Total deposits$84,229
Interest-bearing deposits$79,450
Deposits held in domestic offices$84,229
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $15,000
Subordinated debt $0
All other liabilities $241
Total equity capital$9,706
Total bank equity capital$9,706
Perpetual preferred stock$9,706
Common stock$0
Surplus$250
Undivided profits $1,680
Memoranda
Noncurrent loans and leases $7,776
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $2,858
Income earned, not collected on loans $0
Earning assets $529
Long-term assets (5+ years) $0
Average Assets, year-to-date $516
Average Assets, quarterly $103,021
Volatile liabilities $20,985
Insider loans $110,474
FHLB advances $109,697
Loans and leases held for sale $20,935
Unused loan commitments $5,922
Tier 1 (core) risk-based capital $15,000
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $2,858
Restructured Loans and leases $0
Derivatives$833
Back to page top, Back to table top

Income and Expense (December 31, 2001)
(Dollar figures in thousands)
Total interest income $7,771
Total interest expense $3,781
Net interest income $3,990
Provision for loan and lease losses $240
Total noninterest income $249
Fiduciary activities $0
Service charges on deposit accounts $101
Trading account gains & fees $0
Additional noninterest income $148
Total noninterest expense $2,487
Salaries and employee benefits $757
Premises and equipment expense $225
Additional noninterest expense $1,505
Pre-tax net operating income $1,512
Securities gains (losses) $46
Applicable income taxes $460
Income before extraordinary items $1,098
Extraordinary gains - net $0
Net income attributable to bank $1,098
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $269
Net operating income $645
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2001)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.40%
Cost of funding earning assets 3.60%
Net interest margin 3.80%
Noninterest income to earning assets 0.24%
Noninterest expense to earning assets 2.37%
Net operating income to assets 0.96%
Return on assets (ROA) 0.99%
Pretax return on assets 1.41%
Return on equity (ROE) 11.60%
Retained earnings to average equity (YTD only) 4.78%
Net charge-offs to loans 0.31%
Credit loss provision to net charge-offs 89.22%
Efficiency ratio6.51%
Assets per employee$58,669
Cash dividends to net income (YTD only)4.75%
Condition Ratios (%)
Loss allowance to loans 58.74%
Loss allowance to noncurrent loans 0.98%
Noncurrent assets plus other real estate owned to assets 157.47%
Noncurrent loans to loans 0.48%
Net loans and leases to deposits0.62%
Net loans and leases to core deposits 100.35%
Equity capital to assets 107.96%
Core capital (leverage) ratio 8.89%
Tier 1 risk-based capital ratio 8.72%
Total risk-based capital ratio 11.13%
Memoranda
Average assets$12
Average earning assets$110,474
Average equity $9,468
Average loans $104,971
Back to page top, Back to table top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Lincoln Community Bank.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.