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

This bank is inactive as of November 13, 1998

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

  • General
  • FDIC Certificate #: 15129
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Amcore Bank, National Association, South Central (#5310)
    Federal Reserve ID: 212942
    Date Established: May 15, 1901
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 11247
    FDIC's unique #: 9501
    Numeric code: 21
    Regulator: FDIC
    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: November 13, 1998
    Last Structure Change Process Date: January 27, 1999
    Last Data Update: January 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 South First Street, Mount Horeb, WI 53572
    County: Dane
    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): Madison, WI (#4720)
    Combined Statistical Area (CSA): Madison-Baraboo, WI (#358)
    Core Based Statistical Area (CBSA): Madison, WI (#31540)
    CBSA Metro Statistical Area: Madison, WI (#31540)
  • Financial Summary
  • Total assets: $98.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $97,609Total assets
  • $3,095Cash and due from depository institutions
  • $185Interest-bearing balances
  • $23,842Securities
  • $2,330Federal funds sold & reverse repurchase agreements
  • $64,072Net loans & leases
  • $904Loan loss allowance
  • $0Trading account assets
  • $3,008Bank premises and fixed assets
  • $0Other real estate owned
  • $457Goodwill and other intangibles
  • $0Life insurance assets
  • $805All other assets
  • $97,609Total liabilities and capital
  • $89,257Total liabilities
  • $84,855Total deposits
  • $77,045Interest-bearing deposits
  • $84,855Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,341Other borrowed funds
  • $0Subordinated debt
  • $1,061All other liabilities
  • $8,352Total equity capital
  • $8,352Total bank equity capital
  • $8,352Perpetual preferred stock
  • $0Common stock
  • $450Surplus
  • $6,154Undivided profits
  • Memoranda
  • $1,748Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,459Earning assets
  • $0Long-term assets (5+ years)
  • $350Average Assets, year-to-date
  • $90,429Average Assets, quarterly
  • $5,414Volatile liabilities
  • $94,494Insider loans
  • $96,633FHLB advances
  • $4,582Loans and leases held for sale
  • $2,473Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,413Total unused commitments
  • $0Restructured Loans and leases
  • $72,284Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $7,227Total interest income
  • $3,839Total interest expense
  • $3,388Net interest income
  • $150Provision for loan and lease losses
  • $746Total noninterest income
  • $0Fiduciary activities
  • $211Service charges on deposit accounts
  • $0Trading account gains & fees
  • $535Additional noninterest income
  • $3,043Total noninterest expense
  • $1,585Salaries and employee benefits
  • $537Premises and equipment expense
  • $921Additional noninterest expense
  • $941Pre-tax net operating income
  • $0Securities gains (losses)
  • $236Applicable income taxes
  • $705Income before extraordinary items
  • $0Extraordinary gains - net
  • $705Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $308Sale, conversion, retirement of capital stock, net
  • $607Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.28%Yield on earning assets
  • 4.40%Cost of funding earning assets
  • 3.88%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 8.67%Return on equity (ROE)
  • 1.21%Retained earnings to average equity (YTD only)
  • 0.49%Net charge-offs to loans
  • 48.70%Credit loss provision to net charge-offs
  • 3.54%Efficiency ratio
  • 72,254Assets per employee
  • 2.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 86.10%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 61.96%Noncurrent assets plus other real estate owned to assets
  • 1.49%Noncurrent loans to loans
  • 2.25%Net loans and leases to deposits
  • 75.51%Net loans and leases to core deposits
  • 79.82%Equity capital to assets
  • 8.56%Core capital (leverage) ratio
  • 8.19%Tier 1 risk-based capital ratio
  • 10.86%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $94,494Average earning assets
  • $8,127Average equity
  • $87,287Average loans

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