Pioneer Bank of Wisconsin in Ladysmith, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Pioneer Bank of Wisconsin - Overview

  • General
  • FDIC Certificate #: 5352
    Status: Active
    Federal Reserve ID: 176053
    Bank Holding Company (Regulatory Top Holder): Pioneer Acquisition Corp. (RSSDID: 1417445, Location: Ladysmith, WI)
    Date Established: July 23, 1920
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 3612
    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: 200 Miner Avenue, Ladysmith, WI 54848
    County: Rusk
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $60.4 mil
    Equity capital: $6.3 mil
    Deposits held in domestic offices: $52.6 mil
    Return on assets (ROA): 1.09% ($0.7 mil)
    Quarterly return on assets: 1.74% ($1.0 mil)
    Return on Equity (ROE): 11.23% ($0.7 mil)
    Quarterly return on equity: 16.86% ($1.0 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.31% ($791.4 mil)
    Quarterly Pretax return on assets: 2.27% ($1,371.4 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
  • 15Total employees (full-time equivalent)
  • $60,416Total assets
  • $4,355Cash and due from depository institutions
  • $249Interest-bearing balances
  • $32,940Securities
  • $1,720Federal funds sold & reverse repurchase agreements
  • $20,113Net loans & leases
  • $253Loan loss allowance
  • $0Trading account assets
  • $567Bank premises and fixed assets
  • $204Other real estate owned
  • $0Goodwill and other intangibles
  • $60,416Life insurance assets
  • $517All other assets
  • $54,118Total liabilities and capital
  • $52,588Total liabilities
  • $39,850Total deposits
  • $52,588Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 1301.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $229Subordinated debt
  • $6,298All other liabilities
  • $6,298Total equity capital
  • $6,298Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $500Surplus
  • $5,598Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,361Income earned, not collected on loans
  • $1,068Earning assets
  • $302Long-term assets (5+ years)
  • $55,022Average Assets, year-to-date
  • $21,364Average Assets, quarterly
  • $58,972Volatile liabilities
  • $59,744Insider loans
  • $30,110FHLB advances
  • $59,998Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,657Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,130Restructured Loans and leases
  • $389Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,456Total interest income
  • $470Total interest expense
  • $1,986Net interest income
  • $68Provision for loan and lease losses
  • $162Total noninterest income
  • $0Fiduciary activities
  • $75Service charges on deposit accounts
  • $0Trading account gains & fees
  • $87Additional noninterest income
  • $1,338Total noninterest expense
  • $738Salaries and employee benefits
  • $132Premises and equipment expense
  • $468Additional noninterest expense
  • $742Pre-tax net operating income
  • $31Securities gains (losses)
  • $132Applicable income taxes
  • $641Income before extraordinary items
  • $0Extraordinary gains - net
  • $641Net income attributable to bank
  • $0Net charge-offs
  • $641Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $130Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.50%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 3.64%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.45%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.09%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 11.23%Return on equity (ROE)
  • 8.95%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 178.95%Credit loss provision to net charge-offs
  • 21.32%Efficiency ratio
  • 62,291Assets per employee
  • 4.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.28%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 18.59%Noncurrent assets plus other real estate owned to assets
  • 5.07%Noncurrent loans to loans
  • 6.68%Net loans and leases to deposits
  • 38.25%Net loans and leases to core deposits
  • 38.88%Equity capital to assets
  • 10.42%Core capital (leverage) ratio
  • 9.43%Tier 1 risk-based capital ratio
  • 18.79%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $58,972Average earning assets
  • $5,707Average equity
  • $54,579Average loans

List of branches

  • 2 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03612Pioneer Bank Of Wisconsin200 Miner Avenue, Ladysmith, WI 54848July 23, 1920Full Service Brick and Mortar
    1207621Iga Plus Branch400 West 9th Street North, Ladysmith, WI 54848January 12, 2000Limited Service Facility

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