Mid America Bank in Janesville, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mid America Bank - Overview

  • General
  • FDIC Certificate #: 15183
    Status: Active
    Federal Reserve ID: 659042
    Bank Holding Company (Regulatory Top Holder): Wisconsin Bancorp, Inc. (RSSDID: 3711866, Location: Janesville, WI)
    Date Established: January 03, 1910
    WWW: http://www.bankmidamerica.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 14164
    FDIC's unique #: 9548
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 06, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2317 Milton Avenue, Janesville, WI 53545
    County: Rock
    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): Janesville-Beloit, WI (#3620)
    Core Based Statistical Area (CBSA): Janesville, WI (#27500)
    CBSA Metro Statistical Area: Janesville, WI (#27500)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $118.1 mil
    Equity capital: $14.9 mil
    Deposits held in domestic offices: $101.6 mil
    Return on assets (ROA): 0.29% ($0.3 mil)
    Quarterly return on assets: 0.46% ($0.5 mil)
    Return on Equity (ROE): 2.36% ($0.4 mil)
    Quarterly return on equity: 3.64% ($0.5 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.29% ($342.5 mil)
    Quarterly Pretax return on assets: 0.46% ($543.2 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
  • 48Total employees (full-time equivalent)
  • $118,088Total assets
  • $1,569Cash and due from depository institutions
  • $858Interest-bearing balances
  • $25,758Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $81,066Net loans & leases
  • $923Loan loss allowance
  • $0Trading account assets
  • $4,334Bank premises and fixed assets
  • $459Other real estate owned
  • $3,522Goodwill and other intangibles
  • $118,088Life insurance assets
  • $1,380All other assets
  • $103,172Total liabilities and capital
  • $101,629Total liabilities
  • $93,253Total deposits
  • $101,629Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,250Trading liabilities
  • $0Other borrowed funds
  • $293Subordinated debt
  • $14,916All other liabilities
  • $14,916Total equity capital
  • $14,916Total bank equity capital
  • $0Perpetual preferred stock
  • $120Common stock
  • $13,835Surplus
  • $961Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $8,440Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $505Income earned, not collected on loans
  • $0Earning assets
  • $403Long-term assets (5+ years)
  • $107,682Average Assets, year-to-date
  • $25,931Average Assets, quarterly
  • $116,596Volatile liabilities
  • $117,801Insider loans
  • $86,690FHLB advances
  • $115,260Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,782Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,341Restructured Loans and leases
  • $1,984Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,638Total interest income
  • $1,319Total interest expense
  • $4,319Net interest income
  • $380Provision for loan and lease losses
  • $2,316Total noninterest income
  • $0Fiduciary activities
  • $147Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,169Additional noninterest income
  • $6,061Total noninterest expense
  • $3,579Salaries and employee benefits
  • $752Premises and equipment expense
  • $1,730Additional noninterest expense
  • $194Pre-tax net operating income
  • $148Securities gains (losses)
  • $0Applicable income taxes
  • $342Income before extraordinary items
  • $0Extraordinary gains - net
  • $342Net income attributable to bank
  • $0Net charge-offs
  • $342Cash dividends
  • $220Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.53%Yield on earning assets
  • 1.29%Cost of funding earning assets
  • 4.24%Net interest margin
  • 2.27%Noninterest income to earning assets
  • 5.95%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 2.36%Return on equity (ROE)
  • 2.36%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 172.73%Credit loss provision to net charge-offs
  • 2.61%Efficiency ratio
  • 89,827Assets per employee
  • 2.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 182.77%Noncurrent assets plus other real estate owned to assets
  • 0.82%Noncurrent loans to loans
  • 0.62%Net loans and leases to deposits
  • 79.77%Net loans and leases to core deposits
  • 87.09%Equity capital to assets
  • 12.63%Core capital (leverage) ratio
  • 9.35%Tier 1 risk-based capital ratio
  • 12.44%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $116,596Average earning assets
  • $14,470Average equity
  • $101,915Average loans

List of branches

  • 4 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09548Mid America Bank2317 Milton Avenue, Janesville, WI 53545January 03, 1910Full Service Brick and Mortar
    2233338Williams Bay Branch111 Elkhorn Road, Williams Bay, WI 53191March 15, 1999Full Service Brick and Mortar
    3489401Brookfield Lpo17035 West Wisconsin Avenue Suite 140, Brookfield, WI 53005Febuary 06, 2009Limited Service Loan Production
    4495133Madison Lpo342 Junction Road, Madison, WI 53717September 08, 2009Limited Service Loan Production

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