FDIC Certificate #: 5366 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:M&I Marshall and Ilsley Bank (#1020) Federal Reserve ID: 959957 Date Established: July 21, 1887 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) FDIC's unique #: 3621 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 01, 2001 Last Structure Change Process Date: April 24, 2001 Last Data Update: April 24, 2001 Data Source Date: April 05, 2012
Location
Address: 1429 Tower Avenue, Superior, WI 54880 County: Douglas Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Eau Claire Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Duluth-Superior, MN-WI (#2240) Core Based Statistical Area (CBSA): Duluth, MN-WI (#20260) CBSA Metro Statistical Area: Duluth, MN-WI (#20260)
Financial Summary
Total assets: $116.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
26Total employees (full-time equivalent)
$109,932Total assets
$2,486Cash and due from depository institutions
$0Interest-bearing balances
$20,201Securities
$11,674Federal funds sold & reverse repurchase agreements
$68,997Net loans & leases
$979Loan loss allowance
$0Trading account assets
$1,102Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$5,472All other assets
$109,932Total liabilities and capital
$101,567Total liabilities
$100,016Total deposits
$85,682Interest-bearing deposits
$100,016Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,551All other liabilities
$8,365Total equity capital
$8,365Total bank equity capital
$8,365Perpetual preferred stock
$0Common stock
$1,000Surplus
$4,935Undivided profits
Memoranda
$2,430Noncurrent loans and leases
$19,718Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$106Earning assets
$42Long-term assets (5+ years)
$425Average Assets, year-to-date
$100,872Average Assets, quarterly
$23,274Volatile liabilities
$110,947Insider loans
$114,587FHLB advances
$5,488Loans and leases held for sale
$650Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,718Total unused commitments
$0Restructured Loans and leases
$920Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$7,937Total interest income
$4,238Total interest expense
$3,699Net interest income
$219Provision for loan and lease losses
$1,292Total noninterest income
$6Fiduciary activities
$519Service charges on deposit accounts
$0Trading account gains & fees
$767Additional noninterest income
$2,873Total noninterest expense
$1,086Salaries and employee benefits
$255Premises and equipment expense
$1,532Additional noninterest expense
$1,899Pre-tax net operating income
-$131Securities gains (losses)
$439Applicable income taxes
$1,329Income before extraordinary items
$0Extraordinary gains - net
$1,329Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$89Sale, conversion, retirement of capital stock, net
$1,000Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.91%Yield on earning assets
4.23%Cost of funding earning assets
3.69%Net interest margin
1.29%Noninterest income to earning assets
2.86%Noninterest expense to earning assets
1.29%Net operating income to assets
1.20%Return on assets (ROA)
1.59%Pretax return on assets
16.39%Return on equity (ROE)
4.06%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
246.07%Credit loss provision to net charge-offs
23.80%Efficiency ratio
57,564Assets per employee
4.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
75.24%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
923.58%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.15%Net loans and leases to deposits
68.99%Net loans and leases to core deposits
72.99%Equity capital to assets
7.61%Core capital (leverage) ratio
7.59%Tier 1 risk-based capital ratio
11.39%Total risk-based capital ratio
Memoranda
$13Average assets
$110,947Average earning assets
$8,109Average equity
$100,298Average loans
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