Mound City Bank in Platteville, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mound City Bank - Overview

  • General
  • FDIC Certificate #: 9037
    Status: Active
    Federal Reserve ID: 259442
    Bank Holding Company (Regulatory Top Holder): Mound City Financial Services, Inc. (RSSDID: 2510428, Location: Platteville, WI)
    Date Established: Febuary 15, 1915
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 13222
    FDIC's unique #: 5777
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural 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: 25 East Pine Street, Platteville, WI 53818
    County: Grant
    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
    Core Based Statistical Area (CBSA): Platteville, WI (#38420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $252.7 mil
    Equity capital: $24.2 mil
    Deposits held in domestic offices: $208.6 mil
    Return on assets (ROA): 0.57% ($1.4 mil)
    Quarterly return on assets: 0.65% ($1.6 mil)
    Return on Equity (ROE): 6.11% ($1.5 mil)
    Quarterly return on equity: 6.77% ($1.6 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.80% ($2,021.5 mil)
    Quarterly Pretax return on assets: 0.95% ($2,400.5 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
  • 64Total employees (full-time equivalent)
  • $252,684Total assets
  • $9,540Cash and due from depository institutions
  • $579Interest-bearing balances
  • $38,557Securities
  • $379Federal funds sold & reverse repurchase agreements
  • $189,059Net loans & leases
  • $2,277Loan loss allowance
  • $0Trading account assets
  • $4,020Bank premises and fixed assets
  • $3,602Other real estate owned
  • $0Goodwill and other intangibles
  • $252,684Life insurance assets
  • $7,527All other assets
  • $228,499Total liabilities and capital
  • $208,621Total liabilities
  • $180,305Total deposits
  • $208,621Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 2063.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,800Trading liabilities
  • $0Other borrowed funds
  • $1,015Subordinated debt
  • $24,185All other liabilities
  • $24,185Total equity capital
  • $24,185Total bank equity capital
  • $0Perpetual preferred stock
  • $360Common stock
  • $13,600Surplus
  • $10,225Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,301Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,324Income earned, not collected on loans
  • $0Earning assets
  • $1,281Long-term assets (5+ years)
  • $228,574Average Assets, year-to-date
  • $73,539Average Assets, quarterly
  • $255,220Volatile liabilities
  • $250,532Insider loans
  • $193,266FHLB advances
  • $251,233Loans and leases held for sale
  • $2,962Unused loan commitments
  • $2,962Tier 1 (core) risk-based capital
  • $23,656Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $35,972Restructured Loans and leases
  • $970Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,107Total interest income
  • $3,529Total interest expense
  • $8,578Net interest income
  • $884Provision for loan and lease losses
  • $1,364Total noninterest income
  • $48Fiduciary activities
  • $535Service charges on deposit accounts
  • $0Trading account gains & fees
  • $781Additional noninterest income
  • $7,041Total noninterest expense
  • $4,188Salaries and employee benefits
  • $709Premises and equipment expense
  • $2,144Additional noninterest expense
  • $2,017Pre-tax net operating income
  • $12Securities gains (losses)
  • $584Applicable income taxes
  • $1,445Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,445Net income attributable to bank
  • $0Net charge-offs
  • $1,445Cash dividends
  • $1,145Sale, conversion, retirement of capital stock, net
  • $850Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.23%Yield on earning assets
  • 1.52%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.80%Pretax return on assets
  • 6.11%Return on equity (ROE)
  • 2.52%Retained earnings to average equity (YTD only)
  • 0.60%Net charge-offs to loans
  • 77.21%Credit loss provision to net charge-offs
  • 2.53%Efficiency ratio
  • 70,821Assets per employee
  • 3.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.82%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 97.98%Noncurrent assets plus other real estate owned to assets
  • 2.35%Noncurrent loans to loans
  • 1.21%Net loans and leases to deposits
  • 90.62%Net loans and leases to core deposits
  • 96.86%Equity capital to assets
  • 9.57%Core capital (leverage) ratio
  • 9.42%Tier 1 risk-based capital ratio
  • 12.24%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $255,220Average earning assets
  • $23,646Average equity
  • $231,598Average 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
  • $11,214Managed Assets
  • 1Number of Accounts
  • $11,055Personal trust and agency accounts
  • $11,046Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $9Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 56Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $159Other retirement accounts
  • $122Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $37Fiduciary accounts held in foreign offices

List of branches

  • 6 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05777Mound City Bank25 East Pine Street, Platteville, WI 53818Febuary 15, 1915Full Service Brick and Mortar
    1219323Belmont Branch112 Mound Avenue, Belmont, WI 53510September 21, 1935Full Service Brick and Mortar
    2273334Cuba City Branch200 S. Main Street, Cuba City, WI 53807October 31, 1934Full Service Brick and Mortar
    3219324Second Street Motor Branch90 South Second Street, Platteville, WI 53818January 31, 1995Limited Service Facility
    4468558Mount Horeb Branch1100 Business Highway 18/151 East, Mount Horeb, WI 53572October 15, 2007Full Service Brick and Mortar
    5470749Mineral Point Branch640 Dodge Street, Mineral Point, WI 53565Febuary 01, 2008Full Service Brick and Mortar

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