M&I Bank of Burlington in Burlington, Wisconsin (WI)

Show street view No street view available for this location
Table of contents:
M&I Bank of Burlington
GeneralFDIC Certificate #: 1018
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: M&I Marshall and Ilsley Bank (#1020)
Federal Reserve ID: 519548
Date Established: Febuary 26, 1872
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Interstate: No)
FDIC's unique #: 675
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: Febuary 01, 2001
Last Structure Change Process Date: March 13, 2001
Last Data Update: March 13, 2001
Data Source Date: April 05, 2012
LocationAddress: 200 Pine Street, Burlington, WI 53105
County: Racine
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): Racine, WI (#6600)
Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
Core Based Statistical Area (CBSA): Racine, WI (#39540)
CBSA Metro Statistical Area: Racine, WI (#39540)
Financial SummaryTotal assets: $241.1 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)
Total employees (full-time equivalent)48
Total assets$241,111
Cash and due from depository institutions$5,586
Interest-bearing balances$0
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$163,355
Loan loss allowance $2,524
Trading account assets$0
Bank premises and fixed assets$2,836
Other real estate owned$0
Goodwill and other intangibles$6,392
All other assets$5,121
Life insurance assets$0
Total liabilities and capital$241,111
Total liabilities$217,824
Total deposits$199,892
Interest-bearing deposits$168,098
Deposits held in domestic offices$199,892
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $15,145
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $2,787
Total equity capital$23,287
Total bank equity capital$23,287
Perpetual preferred stock$23,287
Common stock$0
Undivided profits $17,943
Noncurrent loans and leases $4,164
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $26,564
Income earned, not collected on loans $0
Earning assets $1,025
Long-term assets (5+ years) $0
Average Assets, year-to-date $1,006
Average Assets, quarterly $221,176
Volatile liabilities $47,492
Insider loans $247,978
FHLB advances $245,118
Loans and leases held for sale $23,645
Unused loan commitments $3,725
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $26,564
Restructured Loans and leases $9
Back to page top, Back to table top

Income and Expense (December 31, 2000)
(Dollar figures in thousands)
Total interest income $17,676
Total interest expense $9,544
Net interest income $8,132
Provision for loan and lease losses $192
Total noninterest income $1,723
Fiduciary activities $4
Service charges on deposit accounts $928
Trading account gains & fees $0
Additional noninterest income $791
Total noninterest expense $6,075
Salaries and employee benefits $1,645
Premises and equipment expense $518
Additional noninterest expense $3,912
Pre-tax net operating income $3,588
Securities gains (losses) -$384
Applicable income taxes $868
Income before extraordinary items $2,336
Extraordinary gains - net $0
Net income attributable to bank $2,336
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $286
Net operating income $2,260
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2000)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.82%
Cost of funding earning assets 4.22%
Net interest margin 3.60%
Noninterest income to earning assets 0.76%
Noninterest expense to earning assets 2.69%
Net operating income to assets 1.06%
Return on assets (ROA) 0.94%
Pretax return on assets 1.29%
Return on equity (ROE) 10.17%
Retained earnings to average equity (YTD only) 0.33%
Net charge-offs to loans 0.17%
Credit loss provision to net charge-offs 67.13%
Efficiency ratio13.22%
Assets per employee$51,456
Cash dividends to net income (YTD only)5.02%
Condition Ratios (%)
Loss allowance to loans 96.75%
Loss allowance to noncurrent loans 1.52%
Noncurrent assets plus other real estate owned to assets 246.24%
Noncurrent loans to loans 0.43%
Net loans and leases to deposits0.62%
Net loans and leases to core deposits 81.72%
Equity capital to assets 85.35%
Core capital (leverage) ratio 9.66%
Tier 1 risk-based capital ratio 7.09%
Total risk-based capital ratio 11.13%
Average assets$12
Average earning assets$247,978
Average equity $22,975
Average loans $225,908
Back to page top, Back to table top

User Contributions:

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


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with M&I Bank of Burlington.
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.