Mitchell Bank in Milwaukee, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Mitchell Bank in Milwaukee, Wisconsin (WI)
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Mitchell Bank - Overview

  • General
  • FDIC Certificate #: 13029
    Status: Active
    Federal Reserve ID: 761347
    Bank Holding Company (Regulatory Top Holder): M.S. Investment Co. (RSSDID: 1201420, Location: New Berlin, WI)
    Date Established: January 01, 1907
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 10226
    FDIC's unique #: 8235
    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: 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: 1039 West Mitchell Street, Milwaukee, WI 53204
    County: Milwaukee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Milwaukee
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Milwaukee-Waukesha, WI (#5080)
    Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
    Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
    Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340)
    CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $57.2 mil
    Equity capital: $7.3 mil
    Deposits held in domestic offices: $48.5 mil
    Return on assets (ROA): -1.68% (-$1.0 mil)
    Quarterly return on assets: -0.12% (-$0.1 mil)
    Return on Equity (ROE): -12.92% (-$0.9 mil)
    Quarterly return on equity: -0.93% (-$0.1 mil)
    Net income: -$1.0 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -1.68% (-$960.2 mil)
    Quarterly Pretax return on assets: -0.12% (-$68.6 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
  • 26Total employees (full-time equivalent)
  • $57,154Total assets
  • $5,757Cash and due from depository institutions
  • $4,083Interest-bearing balances
  • $371Securities
  • $2,942Federal funds sold & reverse repurchase agreements
  • $39,796Net loans & leases
  • $1,821Loan loss allowance
  • $0Trading account assets
  • $677Bank premises and fixed assets
  • $5,404Other real estate owned
  • $0Goodwill and other intangibles
  • $57,154Life insurance assets
  • $2,207All other assets
  • $49,863Total liabilities and capital
  • $48,501Total liabilities
  • $38,467Total deposits
  • $48,501Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,019Trading liabilities
  • $0Other borrowed funds
  • $343Subordinated debt
  • $7,291All other liabilities
  • $7,291Total equity capital
  • $7,291Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $5,634Surplus
  • $1,257Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,145Income earned, not collected on loans
  • $0Earning assets
  • $145Long-term assets (5+ years)
  • $47,192Average Assets, year-to-date
  • $1,038Average Assets, quarterly
  • $61,301Volatile liabilities
  • $58,459Insider loans
  • $42,057FHLB advances
  • $59,576Loans and leases held for sale
  • $76Unused loan commitments
  • $76Tier 1 (core) risk-based capital
  • $7,274Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,210Restructured Loans and leases
  • $400Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,896Total interest income
  • $313Total interest expense
  • $2,583Net interest income
  • $1,167Provision for loan and lease losses
  • $840Total noninterest income
  • $0Fiduciary activities
  • $201Service charges on deposit accounts
  • $0Trading account gains & fees
  • $639Additional noninterest income
  • $3,284Total noninterest expense
  • $1,113Salaries and employee benefits
  • $418Premises and equipment expense
  • $1,753Additional noninterest expense
  • -$1,028Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,028Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,028Net income attributable to bank
  • $0Net charge-offs
  • -$1,028Cash dividends
  • $1,045Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.66%Yield on earning assets
  • 0.61%Cost of funding earning assets
  • 5.04%Net interest margin
  • 1.64%Noninterest income to earning assets
  • 6.41%Noninterest expense to earning assets
  • -1.68%Net operating income to assets
  • -1.68%Return on assets (ROA)
  • -1.68%Pretax return on assets
  • -12.92%Return on equity (ROE)
  • -12.92%Retained earnings to average equity (YTD only)
  • 2.28%Net charge-offs to loans
  • 111.67%Credit loss provision to net charge-offs
  • 0.13%Efficiency ratio
  • 95,939Assets per employee
  • 2.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.38%Loss allowance to noncurrent loans
  • 84.90%Noncurrent assets plus other real estate owned to assets
  • 13.21%Noncurrent loans to loans
  • 5.15%Net loans and leases to deposits
  • 82.05%Net loans and leases to core deposits
  • 83.04%Equity capital to assets
  • 12.76%Core capital (leverage) ratio
  • 12.21%Tier 1 risk-based capital ratio
  • 17.30%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $61,301Average earning assets
  • $7,957Average equity
  • $51,207Average loans

List of branches

  • 3 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08235Mitchell Bank1039 West Mitchell Street, Milwaukee, WI 53204January 01, 1907Full Service Brick and Mortar
    1228782Drive-In Branch1718-20-22 South 11th Street, Milwaukee, WI 53204July 20, 1971Limited Service Facility
    13424624New Berlin Branch12400 West National Avenue, New Berlin, WI 53151November 03, 2003Full Service Brick and Mortar

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