FDIC 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
Location
Address: 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 Summary
Total 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
23Total employees (full-time equivalent)
$109,176Total assets
$2,279Cash and due from depository institutions
$50Interest-bearing balances
$16,951Securities
$1,492Federal funds sold & reverse repurchase agreements
$84,528Net loans & leases
$833Loan loss allowance
$0Trading account assets
$1,319Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,607All other assets
$109,176Total liabilities and capital
$99,470Total liabilities
$84,229Total deposits
$79,450Interest-bearing deposits
$84,229Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,000Other borrowed funds
$0Subordinated debt
$241All other liabilities
$9,706Total equity capital
$9,706Total bank equity capital
$9,706Perpetual preferred stock
$0Common stock
$250Surplus
$1,680Undivided profits
Memoranda
$7,776Noncurrent loans and leases
$2,858Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$529Earning assets
$0Long-term assets (5+ years)
$516Average Assets, year-to-date
$103,021Average Assets, quarterly
$20,985Volatile liabilities
$110,474Insider loans
$109,697FHLB advances
$20,935Loans and leases held for sale
$5,922Unused loan commitments
$15,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,858Total unused commitments
$0Restructured Loans and leases
$833Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$7,771Total interest income
$3,781Total interest expense
$3,990Net interest income
$240Provision for loan and lease losses
$249Total noninterest income
$0Fiduciary activities
$101Service charges on deposit accounts
$0Trading account gains & fees
$148Additional noninterest income
$2,487Total noninterest expense
$757Salaries and employee benefits
$225Premises and equipment expense
$1,505Additional noninterest expense
$1,512Pre-tax net operating income
$46Securities gains (losses)
$460Applicable income taxes
$1,098Income before extraordinary items
$0Extraordinary gains - net
$1,098Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$269Sale, conversion, retirement of capital stock, net
$645Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.40%Yield on earning assets
3.60%Cost of funding earning assets
3.80%Net interest margin
0.24%Noninterest income to earning assets
2.37%Noninterest expense to earning assets
0.96%Net operating income to assets
0.99%Return on assets (ROA)
1.41%Pretax return on assets
11.60%Return on equity (ROE)
4.78%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
89.22%Credit loss provision to net charge-offs
6.51%Efficiency ratio
58,669Assets per employee
4.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.74%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
157.47%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.62%Net loans and leases to deposits
100.35%Net loans and leases to core deposits
107.96%Equity capital to assets
8.89%Core capital (leverage) ratio
8.72%Tier 1 risk-based capital ratio
11.13%Total risk-based capital ratio
Memoranda
$12Average assets
$110,474Average earning assets
$9,468Average equity
$104,971Average loans
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