State Bank of Gilman in Gilman, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 14, 2008

  • State Bank of Gilman in Gilman, Wisconsin (WI)
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State Bank of Gilman - Overview

  • General
  • FDIC Certificate #: 9533
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Dairyland State Bank (#13022)
    Federal Reserve ID: 639053
    Date Established: May 14, 1914
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 6129
    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: January 01, 1934
    Last Structure Change Effective Date: April 14, 2008
    Last Structure Change Process Date: June 11, 2008
    Last Data Update: June 11, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Gilman, WI 54433
    County: Taylor
    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: $52.4 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, 2007)

  • Dollar figures in thousands
  • 27Total employees (full-time equivalent)
  • $51,012Total assets
  • $9,536Cash and due from depository institutions
  • $8,311Interest-bearing balances
  • $7,978Securities
  • $1,812Federal funds sold & reverse repurchase agreements
  • $28,446Net loans & leases
  • $773Loan loss allowance
  • $0Trading account assets
  • $1,052Bank premises and fixed assets
  • $280Other real estate owned
  • $347Goodwill and other intangibles
  • $620Life insurance assets
  • $1,561All other assets
  • $51,012Total liabilities and capital
  • $45,245Total liabilities
  • $40,120Total deposits
  • $35,490Interest-bearing deposits
  • $40,120Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,000Other borrowed funds
  • $0Subordinated debt
  • $125All other liabilities
  • $5,767Total equity capital
  • $5,767Total bank equity capital
  • $5,767Perpetual preferred stock
  • $0Common stock
  • $120Surplus
  • $3,130Undivided profits
  • Memoranda
  • $2,517Noncurrent loans and leases
  • $3,634Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $835Earning assets
  • $0Long-term assets (5+ years)
  • $233Average Assets, year-to-date
  • $46,547Average Assets, quarterly
  • $5,134Volatile liabilities
  • $53,158Insider loans
  • $51,804FHLB advances
  • $3,886Loans and leases held for sale
  • $707Unused loan commitments
  • $5,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,634Total unused commitments
  • $0Restructured Loans and leases
  • $408Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $3,479Total interest income
  • $1,406Total interest expense
  • $2,073Net interest income
  • $140Provision for loan and lease losses
  • $276Total noninterest income
  • $0Fiduciary activities
  • $214Service charges on deposit accounts
  • $0Trading account gains & fees
  • $62Additional noninterest income
  • $2,023Total noninterest expense
  • $1,050Salaries and employee benefits
  • $376Premises and equipment expense
  • $597Additional noninterest expense
  • $186Pre-tax net operating income
  • $0Securities gains (losses)
  • -$64Applicable income taxes
  • $250Income before extraordinary items
  • $0Extraordinary gains - net
  • $250Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $536Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.15%Yield on earning assets
  • 2.89%Cost of funding earning assets
  • 4.26%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 4.16%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 4.45%Return on equity (ROE)
  • 4.45%Retained earnings to average equity (YTD only)
  • 1.58%Net charge-offs to loans
  • 26.12%Credit loss provision to net charge-offs
  • 0.61%Efficiency ratio
  • 86,122Assets per employee
  • 1.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.65%Loss allowance to noncurrent loans
  • 92.57%Noncurrent assets plus other real estate owned to assets
  • 2.19%Noncurrent loans to loans
  • 2.86%Net loans and leases to deposits
  • 70.90%Net loans and leases to core deposits
  • 78.51%Equity capital to assets
  • 11.31%Core capital (leverage) ratio
  • 10.62%Tier 1 risk-based capital ratio
  • 16.79%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $53,158Average earning assets
  • $5,619Average equity
  • $48,625Average loans

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