McFarland State Bank in Mc Farland, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • McFarland State Bank in Mc Farland, Wisconsin (WI)
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McFarland State Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
  • Financial Summary
  • Total 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
  • 89Total employees (full-time equivalent)
  • $488,152Total assets
  • $19,558Cash and due from depository institutions
  • $8,437Interest-bearing balances
  • $28,379Securities
  • $28,786Federal funds sold & reverse repurchase agreements
  • $381,687Net loans & leases
  • $9,908Loan loss allowance
  • $0Trading account assets
  • $8,515Bank premises and fixed assets
  • $2,554Other real estate owned
  • $2,309Goodwill and other intangibles
  • $488,153Life insurance assets
  • $16,364All other assets
  • $424,908Total liabilities and capital
  • $353,418Total liabilities
  • $297,899Total deposits
  • $353,418Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $53,211Trading liabilities
  • $7,000Other borrowed funds
  • $11,279Subordinated debt
  • $63,245All other liabilities
  • $63,245Total equity capital
  • $63,245Total bank equity capital
  • $0Perpetual preferred stock
  • $210Common stock
  • $40,295Surplus
  • $22,740Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,122Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $33,116Income earned, not collected on loans
  • $0Earning assets
  • $1,864Long-term assets (5+ years)
  • $447,289Average Assets, year-to-date
  • $45,658Average Assets, quarterly
  • $467,393Volatile liabilities
  • $492,957Insider loans
  • $392,698FHLB advances
  • $494,203Loans and leases held for sale
  • $6,170Unused loan commitments
  • $6,170Tier 1 (core) risk-based capital
  • $61,108Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $27,946Restructured Loans and leases
  • $7,143Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,923Total interest income
  • $8,393Total interest expense
  • $16,530Net interest income
  • $12,241Provision for loan and lease losses
  • $15,179Total noninterest income
  • $0Fiduciary activities
  • $397Service charges on deposit accounts
  • $0Trading account gains & fees
  • $14,782Additional noninterest income
  • $13,471Total noninterest expense
  • $6,041Salaries and employee benefits
  • $1,109Premises and equipment expense
  • $6,321Additional noninterest expense
  • $5,997Pre-tax net operating income
  • $28Securities gains (losses)
  • $0Applicable income taxes
  • $6,025Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,025Net income attributable to bank
  • $0Net charge-offs
  • $6,025Cash dividends
  • $10,541Sale, conversion, retirement of capital stock, net
  • $5,474Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.75%Yield on earning assets
  • 1.94%Cost of funding earning assets
  • 3.81%Net interest margin
  • 3.50%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 1.28%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 11.36%Return on equity (ROE)
  • 1.04%Retained earnings to average equity (YTD only)
  • 2.66%Net charge-offs to loans
  • 116.13%Credit loss provision to net charge-offs
  • 1.73%Efficiency ratio
  • 42,199Assets per employee
  • 5.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 90.85%Loss allowance to loans
  • 2.53%Loss allowance to noncurrent loans
  • 29.92%Noncurrent assets plus other real estate owned to assets
  • 7.31%Noncurrent loans to loans
  • 8.46%Net loans and leases to deposits
  • 108.00%Net loans and leases to core deposits
  • 119.97%Equity capital to assets
  • 12.96%Core capital (leverage) ratio
  • 12.36%Tier 1 risk-based capital ratio
  • 15.56%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $467,393Average earning assets
  • $53,026Average equity
  • $433,363Average loans

List of branches

  • 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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