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

This bank is inactive as of Febuary 28, 2005

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

  • General
  • FDIC Certificate #: 12356
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Webster Bank, National Association (#18221)
    Federal Reserve ID: 650843
    Date Established: January 25, 1913
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    OTS Docket #: 13903
    FDIC's unique #: 7861
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 28, 2005
    Last Structure Change Process Date: March 14, 2005
    Last Data Update: March 14, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 211 North Wisconsin Drive, Howards Grove, WI 53081
    County: Sheboygan
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Milwaukee
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Sheboygan, WI (#7620)
    Core Based Statistical Area (CBSA): Sheboygan, WI (#43100)
    CBSA Metro Statistical Area: Sheboygan, WI (#43100)
  • Financial Summary
  • Total assets: $178.8 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, 2004)

  • Dollar figures in thousands
  • 83Total employees (full-time equivalent)
  • $178,755Total assets
  • $4,014Cash and due from depository institutions
  • $7Interest-bearing balances
  • $47,340Securities
  • $14,678Federal funds sold & reverse repurchase agreements
  • $104,166Net loans & leases
  • $1,143Loan loss allowance
  • $0Trading account assets
  • $4,001Bank premises and fixed assets
  • $0Other real estate owned
  • $517Goodwill and other intangibles
  • $0Life insurance assets
  • $4,039All other assets
  • $178,755Total liabilities and capital
  • $167,502Total liabilities
  • $162,836Total deposits
  • $153,732Interest-bearing deposits
  • $162,836Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,567Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,099All other liabilities
  • $11,253Total equity capital
  • $11,253Total bank equity capital
  • $11,253Perpetual preferred stock
  • $0Common stock
  • $90Surplus
  • $8,000Undivided profits
  • Memoranda
  • $3,163Noncurrent loans and leases
  • $14,844Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $492Earning assets
  • $0Long-term assets (5+ years)
  • $776Average Assets, year-to-date
  • $166,191Average Assets, quarterly
  • $5,423Volatile liabilities
  • $155,256Insider loans
  • $171,813FHLB advances
  • $5,027Loans and leases held for sale
  • $433Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $918Tier 2 risk-based capital
  • $899Total risk weighted assets
  • $14,844Total unused commitments
  • $0Restructured Loans and leases
  • $1,143Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $7,116Total interest income
  • $2,086Total interest expense
  • $5,030Net interest income
  • $360Provision for loan and lease losses
  • $2,988Total noninterest income
  • $0Fiduciary activities
  • $2,347Service charges on deposit accounts
  • $0Trading account gains & fees
  • $641Additional noninterest income
  • $6,876Total noninterest expense
  • $3,130Salaries and employee benefits
  • $494Premises and equipment expense
  • $3,252Additional noninterest expense
  • $782Pre-tax net operating income
  • $0Securities gains (losses)
  • $67Applicable income taxes
  • $715Income before extraordinary items
  • $0Extraordinary gains - net
  • $715Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6Sale, conversion, retirement of capital stock, net
  • $319Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.91%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 3.47%Net interest margin
  • 2.06%Noninterest income to earning assets
  • 4.74%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 6.37%Return on equity (ROE)
  • 3.53%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 6000.00%Credit loss provision to net charge-offs
  • 190.33%Efficiency ratio
  • 84,934Assets per employee
  • 2.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.62%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 232.32%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 63.97%Net loans and leases to core deposits
  • 64.55%Equity capital to assets
  • 6.30%Core capital (leverage) ratio
  • 6.31%Tier 1 risk-based capital ratio
  • 9.29%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $155,256Average earning assets
  • $11,231Average equity
  • $145,049Average loans

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