Rock Savings Bank, Savings Association in Beloit, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 07, 1995

Rock Savings Bank, Savings Association in Beloit, Wisconsin (WI)
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Rock Savings Bank, Savings Association - Overview

General
FDIC Certificate #: 31814
Status: Inactive
Closing history: Corrections
Acquiring institution: First Federal Capital Bank (#28981)
Federal Reserve ID: 124577
Date Established: January 01, 1916
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 7497
FDIC's unique #: 44648
Numeric code: 36
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: July 15, 1976
Last Structure Change Effective Date: December 07, 1995
Last Structure Change Process Date: January 03, 1996
Last Data Update: January 31, 1996
Data Source Date: April 05, 2012
Location
Address: 531 East Grand Ave, Beloit, WI 53511
County: Rock
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
Metropolitan Statistical Area (MSA): Janesville-Beloit, WI (#3620)
Core Based Statistical Area (CBSA): Janesville, WI (#27500)
CBSA Metro Statistical Area: Janesville, WI (#27500)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $131.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$36Total assets
$125,087Cash and due from depository institutions
$1,427Interest-bearing balances
$467Securities
$20,608Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$99,595Loan loss allowance
$543Trading account assets
$0Bank premises and fixed assets
$1,007Other real estate owned
$19Goodwill and other intangibles
$2,273Life insurance assets
$158All other assets
$0Total liabilities and capital
$125,087Total liabilities
$113,060Total deposits
$92,890Interest-bearing deposits
$92,618Deposits held in domestic offices
92890.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$19,250Subordinated debt
$0All other liabilities
$920Total equity capital
$920Total bank equity capital
$12,027Perpetual preferred stock
$0Common stock
$7Surplus
$3,480Undivided profits
Memoranda
$8,540Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$326Income earned, not collected on loans
$554Earning assets
$120,670Long-term assets (5+ years)
$0Average Assets, year-to-date
$117,265Average Assets, quarterly
$122,823Volatile liabilities
$23,945Insider loans
$113FHLB advances
$19,250Loans and leases held for sale
$0Unused loan commitments
$2,850Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$11,480Total risk weighted assets
$64,673Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$8,312Total interest expense
$4,882Net interest income
$3,430Provision for loan and lease losses
$27Total noninterest income
$484Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$484Total noninterest expense
$2,326Salaries and employee benefits
$1,065Premises and equipment expense
$452Additional noninterest expense
$809Pre-tax net operating income
$1,561Securities gains (losses)
$0Applicable income taxes
$561Income before extraordinary items
$1,000Extraordinary gains - net
$0Net income attributable to bank
$1,000Net charge-offs
$13Cash dividends
$1,143Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.41%Cost of funding earning assets
4.35%Net interest margin
3.06%Noninterest income to earning assets
0.43%Noninterest expense to earning assets
2.07%Net operating income to assets
0.85%Return on assets (ROA)
0.85%Pretax return on assets
1.33%Return on equity (ROE)
8.00%Retained earnings to average equity (YTD only)
-1.14%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
207.69%Efficiency ratio
58,304Assets per employee
3.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
114.30%Loss allowance to loans
0.54%Loss allowance to noncurrent loans
166.56%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.33%Net loans and leases to deposits
107.22%Net loans and leases to core deposits
112.93%Equity capital to assets
9.61%Core capital (leverage) ratio
9.23%Tier 1 risk-based capital ratio
17.75%Total risk-based capital ratio
Memoranda
$19Average assets
$117,265Average earning assets
$12,493Average equity
$112,226Average loans

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