The Bank of New Glarus in New Glarus, Wisconsin (WI)



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The Bank of New Glarus routing number info

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The Bank of New Glarus
GeneralFDIC Certificate #: 10378
Status: Active
Federal Reserve ID: 797140
Bank Holding Company (Regulatory Top Holder): Bancorp Of New Glarus, Inc. (RSSDID: 2339544, Location: New Glarus, WI)
Date Established: October 30, 1893
WWW: http://www.bankofnewglarus.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 10875
FDIC's unique #: 6649
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 26, 2008
Last Structure Change Process Date: October 08, 2008
Last Data Update: October 08, 2008
Data Source Date: April 05, 2012
LocationAddress: 501 First Street, New Glarus, WI 53574
County: Green
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
Core Based Statistical Area (CBSA): Monroe, WI (#33820)
CBSA Micro Statistical Area: Yes
History of ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $210.3 mil
Equity capital: $20.8 mil
Deposits held in domestic offices: $174.5 mil
Return on assets (ROA): 0.92% ($1.9 mil)
Quarterly return on assets: 1.06% ($2.2 mil)
Return on Equity (ROE): 9.25% ($1.9 mil)
Quarterly return on equity: 10.76% ($2.3 mil)
Net income: $1.8 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.28% ($2,692.2 mil)
Quarterly Pretax return on assets: 1.47% ($3,091.9 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)47
Total assets$210,332
Cash and due from depository institutions$6,173
Interest-bearing balances$2,524
Securities$33,967
Federal funds sold & reverse repurchase agreements$7,596
Net loans & leases$149,605
Loan loss allowance $2,865
Trading account assets$0
Bank premises and fixed assets$3,013
Other real estate owned$234
Goodwill and other intangibles$2,275
All other assets$7,469
Life insurance assets$210,332
Total liabilities and capital$189,557
Total liabilities$174,471
Total deposits$144,561
Interest-bearing deposits$174,471
Deposits held in domestic offices$94
% insured (estimated)4172.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$9,550
Other borrowed funds $0
Subordinated debt $1,364
All other liabilities $20,775
Total equity capital$20,775
Total bank equity capital$20,775
Perpetual preferred stock$0
Common stock$200
Surplus$11,293
Undivided profits $9,282
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $3,591
Earning assets $0
Long-term assets (5+ years) $818
Average Assets, year-to-date $193,692
Average Assets, quarterly $37,979
Volatile liabilities $200,039
Insider loans $208,348
FHLB advances $153,704
Loans and leases held for sale $203,050
Unused loan commitments $4,028
Tier 1 (core) risk-based capital $4,028
Tier 2 risk-based capital $17,653
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $16,776
Derivatives$966
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,479
Total interest expense $1,928
Net interest income $7,551
Provision for loan and lease losses $1,130
Total noninterest income $1,541
Fiduciary activities $0
Service charges on deposit accounts $435
Trading account gains & fees $0
Additional noninterest income $1,106
Total noninterest expense $5,404
Salaries and employee benefits $2,987
Premises and equipment expense $550
Additional noninterest expense $1,867
Pre-tax net operating income $2,558
Securities gains (losses) $3
Applicable income taxes $729
Income before extraordinary items $1,832
Extraordinary gains - net $0
Net income attributable to bank $1,832
Net charge-offs $0
Cash dividends $1,832
Sale, conversion, retirement of capital stock, net $662
Net operating income $560
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.15%
Cost of funding earning assets 1.05%
Net interest margin 4.10%
Noninterest income to earning assets 0.84%
Noninterest expense to earning assets 2.94%
Net operating income to assets 0.91%
Return on assets (ROA) 0.92%
Pretax return on assets 1.28%
Return on equity (ROE) 9.25%
Retained earnings to average equity (YTD only) 6.43%
Net charge-offs to loans 0.45%
Credit loss provision to net charge-offs 170.69%
Efficiency ratio5.57%
Assets per employee$59,118
Cash dividends to net income (YTD only)4.48%
Condition Ratios (%)
Loss allowance to loans 30.57%
Loss allowance to noncurrent loans 1.88%
Noncurrent assets plus other real estate owned to assets 79.78%
Noncurrent loans to loans 1.98%
Net loans and leases to deposits2.36%
Net loans and leases to core deposits 85.75%
Equity capital to assets 89.73%
Core capital (leverage) ratio 9.88%
Tier 1 risk-based capital ratio 8.69%
Total risk-based capital ratio 11.49%
Memoranda
Average assets$13
Average earning assets$200,039
Average equity $19,797
Average loans $184,034
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6 Wisconsin Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06649The Bank Of New Glarus501 First Street, New Glarus, WI 53574October 30, 1893Full Service Brick and Mortar
2222352Brodhead Branch2006 First Center Avenue, Brodhead, WI 53520August 07, 1995Full Service Brick and Mortar
3222353Belleville Branch12 North Shore Drive, Belleville, WI 53508June 30, 1998Full Service Brick and Mortar
4357769New Glarus Branch1101 Hwy 69, New Glarus, WI 53574Febuary 28, 2000Full Service Brick and Mortar
59581Juda Branch201 Main Street, Juda, WI 53550August 03, 1903Full Service Brick and Mortar
6506567Monroe Wi Branch250 North 18th Avenue, Monroe, WI 53566March 23, 2010Full Service Brick and Mortar
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