M&I Bank of Racine in Racine, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 2001

  • M&I Bank of Racine in Racine, Wisconsin (WI)
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M&I Bank of Racine - Overview

  • General
  • FDIC Certificate #: 6206
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: M&I Marshall and Ilsley Bank (#1020)
    Federal Reserve ID: 1000445
    Date Established: March 30, 1916
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 4184
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: 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 08, 2001
    Last Data Update: March 08, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 441 Main Street, Racine, WI 53403
    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 Summary
  • Total assets: $321.8 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
  • 49Total employees (full-time equivalent)
  • $321,822Total assets
  • $6,440Cash and due from depository institutions
  • $0Interest-bearing balances
  • $159,721Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $134,096Net loans & leases
  • $2,147Loan loss allowance
  • $0Trading account assets
  • $2,335Bank premises and fixed assets
  • $0Other real estate owned
  • $12,584Goodwill and other intangibles
  • $0Life insurance assets
  • $6,646All other assets
  • $321,822Total liabilities and capital
  • $288,528Total liabilities
  • $240,455Total deposits
  • $212,390Interest-bearing deposits
  • $240,455Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $44,450Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $3,623All other liabilities
  • $33,294Total equity capital
  • $33,294Total bank equity capital
  • $33,294Perpetual preferred stock
  • $0Common stock
  • $1,050Surplus
  • $28,153Undivided profits
  • Memoranda
  • $4,091Noncurrent loans and leases
  • $53,605Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $295Earning assets
  • $79Long-term assets (5+ years)
  • $820Average Assets, year-to-date
  • $293,817Average Assets, quarterly
  • $121,120Volatile liabilities
  • $332,132Insider loans
  • $325,606FHLB advances
  • $57,677Loans and leases held for sale
  • $8,014Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $53,605Total unused commitments
  • $0Restructured Loans and leases
  • $2,011Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $21,852Total interest income
  • $13,417Total interest expense
  • $8,435Net interest income
  • $192Provision for loan and lease losses
  • $2,036Total noninterest income
  • $5Fiduciary activities
  • $785Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,246Additional noninterest income
  • $6,698Total noninterest expense
  • $1,947Salaries and employee benefits
  • $633Premises and equipment expense
  • $4,118Additional noninterest expense
  • $3,581Pre-tax net operating income
  • -$2,031Securities gains (losses)
  • $2Applicable income taxes
  • $1,548Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,548Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $114Sale, conversion, retirement of capital stock, net
  • $2,415Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.26%Yield on earning assets
  • 4.46%Cost of funding earning assets
  • 2.80%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 2.22%Noninterest expense to earning assets
  • 1.08%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 4.86%Return on equity (ROE)
  • -2.72%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 168.42%Credit loss provision to net charge-offs
  • 33.10%Efficiency ratio
  • 56,919Assets per employee
  • 6.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 156.01%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 727.80%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.22%Net loans and leases to deposits
  • 55.77%Net loans and leases to core deposits
  • 59.01%Equity capital to assets
  • 10.35%Core capital (leverage) ratio
  • 6.28%Tier 1 risk-based capital ratio
  • 12.15%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $332,132Average earning assets
  • $31,877Average equity
  • $301,147Average loans

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