McFarland State Bank in Mc Farland, Wisconsin (WI)



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McFarland State Bank routing number info

Table of contents:
McFarland State Bank
GeneralFDIC Certificate #: 2476
Status: Active
Federal Reserve ID: 663647
Bank Holding Company (Regulatory Top Holder): Northern Bankshares, Inc. (RSSDID: 1204748, Location: Mcfarland, WI)
Date Established: January 05, 1905
WWW: http://www.msbonline.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 9863
FDIC's unique #: 1627
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 28, 2011
Last Structure Change Process Date: January 31, 2011
Last Data Update: January 31, 2011
Data Source Date: April 05, 2012
LocationAddress: 5990 Highway 51, Mc Farland, WI 53558
County: Dane
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Madison
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Madison, WI (#4720)
Combined Statistical Area (CSA): Madison-Baraboo, WI (#358)
Core Based Statistical Area (CBSA): Madison, WI (#31540)
CBSA Metro Statistical Area: Madison, WI (#31540)
History of ChangesParticipated in FDIC Assisted Absorption/Consolidation/Merger
Financial SummaryTotal assets: $488.2 mil
Equity capital: $63.2 mil
Deposits held in domestic offices: $353.4 mil
Return on assets (ROA): 1.29% ($6.3 mil)
Quarterly return on assets: -3.96% (-$19.3 mil)
Return on Equity (ROE): 11.36% ($7.2 mil)
Quarterly return on equity: -29.60% (-$18.6 mil)
Net income: $6.0 mil
Quarterly Net income: -$4.9 mil
Pretax return on assets: 1.29% ($6,297.2 mil)
Quarterly Pretax return on assets: -3.96% (-$19,330.8 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)89
Total assets$488,152
Cash and due from depository institutions$19,558
Interest-bearing balances$8,437
Securities$28,379
Federal funds sold & reverse repurchase agreements$28,786
Net loans & leases$381,687
Loan loss allowance $9,908
Trading account assets$0
Bank premises and fixed assets$8,515
Other real estate owned$2,554
Goodwill and other intangibles$2,309
All other assets$16,364
Life insurance assets$488,153
Total liabilities and capital$424,908
Total liabilities$353,418
Total deposits$297,899
Interest-bearing deposits$353,418
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$53,211
Other borrowed funds $7,000
Subordinated debt $11,279
All other liabilities $63,245
Total equity capital$63,245
Total bank equity capital$63,245
Perpetual preferred stock$0
Common stock$210
Surplus$40,295
Undivided profits $22,740
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $2,122
Income earned, not collected on loans $33,116
Earning assets $0
Long-term assets (5+ years) $1,864
Average Assets, year-to-date $447,289
Average Assets, quarterly $45,658
Volatile liabilities $467,393
Insider loans $492,957
FHLB advances $392,698
Loans and leases held for sale $494,203
Unused loan commitments $6,170
Tier 1 (core) risk-based capital $6,170
Tier 2 risk-based capital $61,108
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $27,946
Derivatives$7,143
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $24,923
Total interest expense $8,393
Net interest income $16,530
Provision for loan and lease losses $12,241
Total noninterest income $15,179
Fiduciary activities $0
Service charges on deposit accounts $397
Trading account gains & fees $0
Additional noninterest income $14,782
Total noninterest expense $13,471
Salaries and employee benefits $6,041
Premises and equipment expense $1,109
Additional noninterest expense $6,321
Pre-tax net operating income $5,997
Securities gains (losses) $28
Applicable income taxes $0
Income before extraordinary items $6,025
Extraordinary gains - net $0
Net income attributable to bank $6,025
Net charge-offs $0
Cash dividends $6,025
Sale, conversion, retirement of capital stock, net $10,541
Net operating income $5,474
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.75%
Cost of funding earning assets 1.94%
Net interest margin 3.81%
Noninterest income to earning assets 3.50%
Noninterest expense to earning assets 3.11%
Net operating income to assets 1.28%
Return on assets (ROA) 1.29%
Pretax return on assets 1.29%
Return on equity (ROE) 11.36%
Retained earnings to average equity (YTD only) 1.04%
Net charge-offs to loans 2.66%
Credit loss provision to net charge-offs 116.13%
Efficiency ratio1.73%
Assets per employee$42,199
Cash dividends to net income (YTD only)5.48%
Condition Ratios (%)
Loss allowance to loans 90.85%
Loss allowance to noncurrent loans 2.53%
Noncurrent assets plus other real estate owned to assets 29.92%
Noncurrent loans to loans 7.31%
Net loans and leases to deposits8.46%
Net loans and leases to core deposits 108.00%
Equity capital to assets 119.97%
Core capital (leverage) ratio 12.96%
Tier 1 risk-based capital ratio 12.36%
Total risk-based capital ratio 15.56%
Memoranda
Average assets$19
Average earning assets$467,393
Average equity $53,026
Average loans $433,363
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7 Wisconsin Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01627Mcfarland State Bank5990 Highway 51, Mc Farland, WI 53558January 05, 1905Full Service Brick and Mortar
2431567Messenger/Courier Service Branch5990 Highway 51, Mc Farland, WI 53558August 17, 2004Limited Service Messenger
33593Evergreen State Bank Branch207 South Forrest Street, Stoughton, WI 53589October 01, 1899Full Service Brick and Mortar
4207569Lake Kegonsa Branch3162 County Trunk B, Stoughton, WI 53589September 12, 1994Full Service Brick and Mortar
5207570Courier Service Branch207 South Forrest Street, Stoughton, WI 53589Febuary 06, 1996Limited Service Messenger
6455710Janesville Branch2701 North Pontiac Drive, Janesville, WI 53545October 02, 2006Full Service Brick and Mortar
7474316Sun Prairie Branch2580 Ironwood Drive, Sun Prairie, WI 53590April 01, 2008Full Service Brick and Mortar
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