North Land Bank of Wisconsin, SSB in Ashland, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 27, 1994

North Land Bank of Wisconsin, SSB in Ashland, Wisconsin (WI)
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North Land Bank of Wisconsin, SSB - Overview

General
FDIC Certificate #: 28603
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Financial Bank (#28939)
Federal Reserve ID: 427773
Date Established: January 01, 1902
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 1934
FDIC's unique #: 41437
Numeric code: 35
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: December 23, 1953
Last Structure Change Effective Date: Febuary 27, 1994
Last Structure Change Process Date: April 14, 1994
Last Data Update: April 14, 1994
Data Source Date: April 05, 2012
Location
Address: 221 4th Avenue West, Ashland, WI 54806
County: Ashland
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: $127.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$73Total assets
$127,362Cash and due from depository institutions
$4,318Interest-bearing balances
$1,171Securities
$21,008Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$90,136Loan loss allowance
$792Trading account assets
$0Bank premises and fixed assets
$2,329Other real estate owned
$7Goodwill and other intangibles
$8,865Life insurance assets
$699All other assets
$0Total liabilities and capital
$127,362Total liabilities
$115,961Total deposits
$114,638Interest-bearing deposits
$107,620Deposits held in domestic offices
114638.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$750Subordinated debt
$0All other liabilities
$573Total equity capital
$573Total bank equity capital
$11,401Perpetual preferred stock
$0Common stock
$494Surplus
$4,294Undivided profits
Memoranda
$6,613Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$899Income earned, not collected on loans
$612Earning assets
$112,315Long-term assets (5+ years)
$0Average Assets, year-to-date
$129,256Average Assets, quarterly
$127,904Volatile liabilities
$18,197Insider loans
$1,223FHLB advances
$750Loans and leases held for sale
$0Unused loan commitments
$4,008Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$11,401Total risk weighted assets
$83,080Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$9,804Total interest expense
$5,021Net interest income
$4,783Provision for loan and lease losses
$419Total noninterest income
$1,374Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$1,374Total noninterest expense
$4,088Salaries and employee benefits
$2,158Premises and equipment expense
$757Additional noninterest expense
$1,173Pre-tax net operating income
$1,650Securities gains (losses)
$239Applicable income taxes
$814Income before extraordinary items
$1,075Extraordinary gains - net
$0Net income attributable to bank
$1,075Net charge-offs
$268Cash dividends
$237Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.56%Cost of funding earning assets
4.39%Net interest margin
4.18%Noninterest income to earning assets
1.20%Noninterest expense to earning assets
3.57%Net operating income to assets
0.71%Return on assets (ROA)
0.83%Pretax return on assets
1.46%Return on equity (ROE)
9.77%Retained earnings to average equity (YTD only)
7.62%Net charge-offs to loans
0.31%Credit loss provision to net charge-offs
156.34%Efficiency ratio
64,642Assets per employee
1.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.05%Loss allowance to loans
0.87%Loss allowance to noncurrent loans
88.10%Noncurrent assets plus other real estate owned to assets
0.71%Noncurrent loans to loans
0.99%Net loans and leases to deposits
78.63%Net loans and leases to core deposits
92.74%Equity capital to assets
8.95%Core capital (leverage) ratio
9.00%Tier 1 risk-based capital ratio
13.72%Total risk-based capital ratio
Memoranda
$15Average assets
$129,256Average earning assets
$11,002Average equity
$114,493Average loans

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