MidAmerica Bank North in Phillips, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 07, 1998

  • MidAmerica Bank North in Phillips, Wisconsin (WI)
  • Show street view No street view available for this location

MidAmerica Bank North - Overview

  • General
  • FDIC Certificate #: 15115
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Wells Fargo Bank Wisconsin, National Association (#18694)
    Federal Reserve ID: 40453
    Date Established: January 01, 1890
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 12739
    FDIC's unique #: 9489
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 29, 1935
    Last Structure Change Effective Date: November 07, 1998
    Last Structure Change Process Date: January 27, 1999
    Last Data Update: January 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 198 North Lake Avenue, Phillips, WI 54555
    County: Price
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $94.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 44Total employees (full-time equivalent)
  • $100,841Total assets
  • $5,668Cash and due from depository institutions
  • $18Interest-bearing balances
  • $10,137Securities
  • $6,670Federal funds sold & reverse repurchase agreements
  • $76,584Net loans & leases
  • $797Loan loss allowance
  • $0Trading account assets
  • $1,070Bank premises and fixed assets
  • $5Other real estate owned
  • $50Goodwill and other intangibles
  • $0Life insurance assets
  • $657All other assets
  • $100,841Total liabilities and capital
  • $93,109Total liabilities
  • $92,130Total deposits
  • $78,044Interest-bearing deposits
  • $92,130Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $979All other liabilities
  • $7,732Total equity capital
  • $7,732Total bank equity capital
  • $7,732Perpetual preferred stock
  • $0Common stock
  • $429Surplus
  • $5,571Undivided profits
  • Memoranda
  • $1,732Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $232Earning assets
  • $0Long-term assets (5+ years)
  • $494Average Assets, year-to-date
  • $93,409Average Assets, quarterly
  • $6,574Volatile liabilities
  • $99,465Insider loans
  • $99,581FHLB advances
  • $8,582Loans and leases held for sale
  • $236Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,152Total unused commitments
  • $0Restructured Loans and leases
  • $74,089Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $7,711Total interest income
  • $3,255Total interest expense
  • $4,456Net interest income
  • $113Provision for loan and lease losses
  • $404Total noninterest income
  • $0Fiduciary activities
  • $300Service charges on deposit accounts
  • $0Trading account gains & fees
  • $104Additional noninterest income
  • $2,682Total noninterest expense
  • $996Salaries and employee benefits
  • $348Premises and equipment expense
  • $1,338Additional noninterest expense
  • $2,065Pre-tax net operating income
  • $0Securities gains (losses)
  • $206Applicable income taxes
  • $1,859Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,859Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $26Sale, conversion, retirement of capital stock, net
  • $2,258Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.25%Yield on earning assets
  • 3.48%Cost of funding earning assets
  • 4.77%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 2.87%Noninterest expense to earning assets
  • 1.87%Net operating income to assets
  • 1.87%Return on assets (ROA)
  • 2.08%Pretax return on assets
  • 25.11%Return on equity (ROE)
  • -5.39%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 434.62%Credit loss provision to net charge-offs
  • 83.77%Efficiency ratio
  • 55,062Assets per employee
  • 2.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 121.46%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 343.53%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 83.13%Net loans and leases to core deposits
  • 91.66%Equity capital to assets
  • 7.67%Core capital (leverage) ratio
  • 7.81%Tier 1 risk-based capital ratio
  • 10.43%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $99,465Average earning assets
  • $7,405Average equity
  • $93,467Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with MidAmerica Bank North.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents