Portage County Bank in Almond, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


Portage County Bank - Overview

  • General
  • FDIC Certificate #: 10012
    Status: Active
    Federal Reserve ID: 12647
    Bank Holding Company (Regulatory Top Holder): Portage County Bancshares, Inc. (RSSDID: 1141133, Location: Almond, WI)
    Date Established: January 01, 1901
    WWW: http://www.portagecountybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11965
    FDIC's unique #: 6401
    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: Yes
    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: 1155 County Road D, Almond, WI 54909
    County: Portage
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Appleton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Stevens Point, WI (#44620)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $105.2 mil
    Equity capital: $9.8 mil
    Deposits held in domestic offices: $92.6 mil
    Return on assets (ROA): 0.82% ($0.9 mil)
    Quarterly return on assets: 0.33% ($0.3 mil)
    Return on Equity (ROE): 8.26% ($0.8 mil)
    Quarterly return on equity: 3.49% ($0.3 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.82% ($862.7 mil)
    Quarterly Pretax return on assets: 0.33% ($347.2 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
  • 24Total employees (full-time equivalent)
  • $105,210Total assets
  • $23,495Cash and due from depository institutions
  • $534Interest-bearing balances
  • $5,225Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $69,863Net loans & leases
  • $872Loan loss allowance
  • $0Trading account assets
  • $4,039Bank premises and fixed assets
  • $1,343Other real estate owned
  • $0Goodwill and other intangibles
  • $105,210Life insurance assets
  • $1,245All other assets
  • $95,453Total liabilities and capital
  • $92,595Total liabilities
  • $76,517Total deposits
  • $92,595Interest-bearing deposits
  • $64Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,650Trading liabilities
  • $0Other borrowed funds
  • $208Subordinated debt
  • $9,757All other liabilities
  • $9,757Total equity capital
  • $9,757Total bank equity capital
  • $0Perpetual preferred stock
  • $125Common stock
  • $7,829Surplus
  • $1,803Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $270Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $641Income earned, not collected on loans
  • $0Earning assets
  • $573Long-term assets (5+ years)
  • $75,622Average Assets, year-to-date
  • $3,417Average Assets, quarterly
  • $97,835Volatile liabilities
  • $103,167Insider loans
  • $75,749FHLB advances
  • $102,931Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,757Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,495Restructured Loans and leases
  • $5,215Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,756Total interest income
  • $1,143Total interest expense
  • $3,613Net interest income
  • $574Provision for loan and lease losses
  • $279Total noninterest income
  • $0Fiduciary activities
  • $80Service charges on deposit accounts
  • $0Trading account gains & fees
  • $199Additional noninterest income
  • $2,516Total noninterest expense
  • $1,285Salaries and employee benefits
  • $327Premises and equipment expense
  • $904Additional noninterest expense
  • $802Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $802Income before extraordinary items
  • $0Extraordinary gains - net
  • $802Net income attributable to bank
  • $0Net charge-offs
  • $802Cash dividends
  • $535Sale, conversion, retirement of capital stock, net
  • $485Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.99%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 4.55%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 8.26%Return on equity (ROE)
  • 3.26%Retained earnings to average equity (YTD only)
  • 0.72%Net charge-offs to loans
  • 107.29%Credit loss provision to net charge-offs
  • 2.57%Efficiency ratio
  • 64,645Assets per employee
  • 4.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.47%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 136.04%Noncurrent assets plus other real estate owned to assets
  • 1.89%Noncurrent loans to loans
  • 0.91%Net loans and leases to deposits
  • 75.45%Net loans and leases to core deposits
  • 104.79%Equity capital to assets
  • 9.27%Core capital (leverage) ratio
  • 9.48%Tier 1 risk-based capital ratio
  • 12.88%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $97,835Average earning assets
  • $9,713Average equity
  • $79,392Average loans

List of branches

  • 5 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06401Portage County Bank1155 County Road D, Almond, WI 54909January 01, 1901Full Service Brick and Mortar
    1221692Plover Branch2520 Post Road, Plover, WI 54467September 23, 1991Full Service Brick and Mortar
    2365859Plainfield Branch809 West North Street, Plainfield, WI 54966November 11, 2002Full Service Brick and Mortar
    3366003Stevens Point Branch1600 Academy Drive, Stevens Point, WI 54481December 11, 2002Full Service Brick and Mortar
    4469744Vern Holmes Drive Branch5417 Vern Holmes Drive, Stevens Point, WI 54481December 17, 2007Full Service Brick and Mortar

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