RiverBank in Osceola, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 17, 2007

  • RiverBank in Osceola, Wisconsin (WI)
  • Show street view No street view available for this location

RiverBank - Overview

  • General
  • FDIC Certificate #: 15275
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The RiverBank (#10216)
    Federal Reserve ID: 30258
    Date Established: January 01, 1894
    WWW: http://www.theriverbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 13818
    FDIC's unique #: 9620
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 22, 1935
    Last Structure Change Effective Date: Febuary 17, 2007
    Last Structure Change Process Date: March 26, 2007
    Last Data Update: March 26, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 304 Cascade Street, Osceola, WI 54020
    County: Polk
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $325.0 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, 2006)

  • Dollar figures in thousands
  • 86Total employees (full-time equivalent)
  • $325,028Total assets
  • $9,562Cash and due from depository institutions
  • $16Interest-bearing balances
  • $13,298Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $285,311Net loans & leases
  • $4,068Loan loss allowance
  • $0Trading account assets
  • $8,159Bank premises and fixed assets
  • $43Other real estate owned
  • $2,117Goodwill and other intangibles
  • $3,219Life insurance assets
  • $6,538All other assets
  • $325,028Total liabilities and capital
  • $297,427Total liabilities
  • $257,766Total deposits
  • $222,619Interest-bearing deposits
  • $257,766Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $20,952Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $16,380Other borrowed funds
  • $0Subordinated debt
  • $2,329All other liabilities
  • $27,601Total equity capital
  • $27,601Total bank equity capital
  • $27,601Perpetual preferred stock
  • $0Common stock
  • $63Surplus
  • $5,195Undivided profits
  • Memoranda
  • $22,343Noncurrent loans and leases
  • $44,090Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,764Earning assets
  • $0Long-term assets (5+ years)
  • $1,707Average Assets, year-to-date
  • $298,625Average Assets, quarterly
  • $17,194Volatile liabilities
  • $306,573Insider loans
  • $322,614FHLB advances
  • $102,113Loans and leases held for sale
  • $390Unused loan commitments
  • $16,000Tier 1 (core) risk-based capital
  • $2,132Tier 2 risk-based capital
  • $1,096Total risk weighted assets
  • $44,090Total unused commitments
  • $0Restructured Loans and leases
  • $3,751Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $22,717Total interest income
  • $9,810Total interest expense
  • $12,907Net interest income
  • $743Provision for loan and lease losses
  • $3,483Total noninterest income
  • $0Fiduciary activities
  • $1,175Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,308Additional noninterest income
  • $9,041Total noninterest expense
  • $5,118Salaries and employee benefits
  • $1,284Premises and equipment expense
  • $2,639Additional noninterest expense
  • $6,606Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,477Applicable income taxes
  • $4,129Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,129Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $175Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.04%Yield on earning assets
  • 3.47%Cost of funding earning assets
  • 4.57%Net interest margin
  • 1.23%Noninterest income to earning assets
  • 3.20%Noninterest expense to earning assets
  • 1.35%Net operating income to assets
  • 1.35%Return on assets (ROA)
  • 2.15%Pretax return on assets
  • 16.13%Return on equity (ROE)
  • 14.57%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 424.57%Credit loss provision to net charge-offs
  • 41.99%Efficiency ratio
  • 55,149Assets per employee
  • 3.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.69%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 230.61%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 110.69%Net loans and leases to core deposits
  • 152.58%Equity capital to assets
  • 8.49%Core capital (leverage) ratio
  • 8.53%Tier 1 risk-based capital ratio
  • 9.11%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $306,573Average earning assets
  • $25,591Average equity
  • $282,464Average loans

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