Mid-Wisconsin Bank in Medford, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


Mid-Wisconsin Bank - Overview

  • General
  • FDIC Certificate #: 13273
    Status: Active
    Federal Reserve ID: 645054
    Bank Holding Company (Regulatory Top Holder): Mid-Wisconsin Financial Services, Inc. (RSSDID: 1139185, Location: Medford, WI)
    Date Established: September 01, 1890
    WWW: http://www.midwisc.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 10784
    FDIC's unique #: 8397
    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 01, 1934
    Last Structure Change Effective Date: January 13, 2012
    Last Structure Change Process Date: January 30, 2012
    Last Data Update: January 30, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 132 West State Street, Medford, WI 54451
    County: Taylor
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $484.9 mil
    Equity capital: $44.6 mil
    Deposits held in domestic offices: $384.4 mil
    Return on assets (ROA): -0.73% (-$3.5 mil)
    Quarterly return on assets: -2.47% (-$12.0 mil)
    Return on Equity (ROE): -7.79% (-$3.5 mil)
    Quarterly return on equity: -26.28% (-$11.8 mil)
    Net income: -$3.6 mil
    Quarterly Net income: -$3.0 mil
    Pretax return on assets: -0.36% (-$1,745.5 mil)
    Quarterly Pretax return on assets: -0.40% (-$1,939.5 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
  • 150Total employees (full-time equivalent)
  • $484,866Total assets
  • $31,194Cash and due from depository institutions
  • $12,916Interest-bearing balances
  • $110,226Securities
  • $166Federal funds sold & reverse repurchase agreements
  • $321,010Net loans & leases
  • $9,816Loan loss allowance
  • $0Trading account assets
  • $4,834Bank premises and fixed assets
  • $5,606Other real estate owned
  • $0Goodwill and other intangibles
  • $484,866Life insurance assets
  • $11,830All other assets
  • $440,303Total liabilities and capital
  • $384,363Total liabilities
  • $312,287Total deposits
  • $384,363Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 23655.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $30,061Trading liabilities
  • $0Other borrowed funds
  • $2,224Subordinated debt
  • $44,563All other liabilities
  • $44,563Total equity capital
  • $44,563Total bank equity capital
  • $0Perpetual preferred stock
  • $3,342Common stock
  • $20,430Surplus
  • $20,791Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,163Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11,416Income earned, not collected on loans
  • $0Earning assets
  • $1,640Long-term assets (5+ years)
  • $444,318Average Assets, year-to-date
  • $85,762Average Assets, quarterly
  • $492,856Volatile liabilities
  • $487,759Insider loans
  • $323,642FHLB advances
  • $481,515Loans and leases held for sale
  • $4,070Unused loan commitments
  • $4,070Tier 1 (core) risk-based capital
  • $41,736Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $44,218Restructured Loans and leases
  • $841Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $22,034Total interest income
  • $6,313Total interest expense
  • $15,721Net interest income
  • $4,750Provision for loan and lease losses
  • $3,967Total noninterest income
  • $1,066Fiduciary activities
  • $953Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,948Additional noninterest income
  • $16,644Total noninterest expense
  • $8,286Salaries and employee benefits
  • $1,895Premises and equipment expense
  • $6,463Additional noninterest expense
  • -$1,706Pre-tax net operating income
  • -$55Securities gains (losses)
  • $1,861Applicable income taxes
  • -$3,622Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,622Net income attributable to bank
  • $0Net charge-offs
  • -$3,622Cash dividends
  • $4,405Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.87%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • -0.72%Net operating income to assets
  • -0.73%Return on assets (ROA)
  • -0.36%Pretax return on assets
  • -7.79%Return on equity (ROE)
  • -7.79%Retained earnings to average equity (YTD only)
  • 1.30%Net charge-offs to loans
  • 107.83%Credit loss provision to net charge-offs
  • 0.69%Efficiency ratio
  • 84,539Assets per employee
  • 3.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.97%Loss allowance to noncurrent loans
  • 85.98%Noncurrent assets plus other real estate owned to assets
  • 3.51%Noncurrent loans to loans
  • 3.45%Net loans and leases to deposits
  • 83.52%Net loans and leases to core deposits
  • 89.43%Equity capital to assets
  • 9.19%Core capital (leverage) ratio
  • 8.67%Tier 1 risk-based capital ratio
  • 12.90%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $492,856Average earning assets
  • $46,502Average equity
  • $457,694Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $131,871Managed Assets
  • 1Number of Accounts
  • $131,871Personal trust and agency accounts
  • $28,641Employee benefit-defined contribution accounts
  • $2,461Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $33,338Corporate trust and agency accounts
  • $406Investment management agency accounts
  • $65,256Other fiduciary accounts
  • $1,769Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 450Number of Accounts
  • $0Personal trust and agency accounts
  • $33,338Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 13 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08397Mid-Wisconsin Bank132 West State Street, Medford, WI 54451September 01, 1890Full Service Brick and Mortar
    2229407Rib Lake Branch717 Mccomb Avenue, Rib Lake, WI 54470January 23, 1941Full Service Brick and Mortar
    3229408Plaza Branch134 South Eighth Street, Medford, WI 54451August 01, 1987Full Service Brick and Mortar
    45540Neillsville Branch500 West Street, Neillsville, WI 54456March 01, 1879Full Service Brick and Mortar
    6218841Fairchild Branch111 North Front Street, Fairchild, WI 54741December 31, 1968Full Service Brick and Mortar
    711728Colby Branch101 South First Street, Colby, WI 54421June 01, 1920Full Service Brick and Mortar
    8242742Abbotsford Branch119 North First St, Abbotsford, WI 54405March 13, 1934Full Service Brick and Mortar
    10229409Phillips Branch864 North Lake Avenue, Phillips, WI 54555August 01, 1997Full Service Brick and Mortar
    12229411Rhinelander Branch2170 Lincoln Street, Rhinelander, WI 54501September 22, 1997Full Service Brick and Mortar
    14366263Weston Branch7403 Stone Ridge Drive, Weston, WI 54476Febuary 10, 2003Full Service Brick and Mortar
    16444956Wausau Branch3845 Rib Mountain Drive, Suite 1, Wausau, WI 54402September 06, 2005Full Service Brick and Mortar
    17452500Minocqua Branch8744 Us Highway 51 N, Suite 4, Minocqua, WI 54548June 26, 2006Full Service Brick and Mortar
    18463064Eagle River Branch325 West Pine Street, Suite 1, Eagle River, WI 54521May 07, 2007Full Service Brick and Mortar

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