The Bank of New Glarus in New Glarus, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Bank of New Glarus in New Glarus, Wisconsin (WI)
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The Bank of New Glarus - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total 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
  • 47Total employees (full-time equivalent)
  • $210,332Total assets
  • $6,173Cash and due from depository institutions
  • $2,524Interest-bearing balances
  • $33,967Securities
  • $7,596Federal funds sold & reverse repurchase agreements
  • $149,605Net loans & leases
  • $2,865Loan loss allowance
  • $0Trading account assets
  • $3,013Bank premises and fixed assets
  • $234Other real estate owned
  • $2,275Goodwill and other intangibles
  • $210,332Life insurance assets
  • $7,469All other assets
  • $189,557Total liabilities and capital
  • $174,471Total liabilities
  • $144,561Total deposits
  • $174,471Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 4172.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,550Trading liabilities
  • $0Other borrowed funds
  • $1,364Subordinated debt
  • $20,775All other liabilities
  • $20,775Total equity capital
  • $20,775Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $11,293Surplus
  • $9,282Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,591Income earned, not collected on loans
  • $0Earning assets
  • $818Long-term assets (5+ years)
  • $193,692Average Assets, year-to-date
  • $37,979Average Assets, quarterly
  • $200,039Volatile liabilities
  • $208,348Insider loans
  • $153,704FHLB advances
  • $203,050Loans and leases held for sale
  • $4,028Unused loan commitments
  • $4,028Tier 1 (core) risk-based capital
  • $17,653Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,776Restructured Loans and leases
  • $966Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,479Total interest income
  • $1,928Total interest expense
  • $7,551Net interest income
  • $1,130Provision for loan and lease losses
  • $1,541Total noninterest income
  • $0Fiduciary activities
  • $435Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,106Additional noninterest income
  • $5,404Total noninterest expense
  • $2,987Salaries and employee benefits
  • $550Premises and equipment expense
  • $1,867Additional noninterest expense
  • $2,558Pre-tax net operating income
  • $3Securities gains (losses)
  • $729Applicable income taxes
  • $1,832Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,832Net income attributable to bank
  • $0Net charge-offs
  • $1,832Cash dividends
  • $662Sale, conversion, retirement of capital stock, net
  • $560Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.15%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 4.10%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 2.94%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 9.25%Return on equity (ROE)
  • 6.43%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 170.69%Credit loss provision to net charge-offs
  • 5.57%Efficiency ratio
  • 59,118Assets per employee
  • 4.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.57%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 79.78%Noncurrent assets plus other real estate owned to assets
  • 1.98%Noncurrent loans to loans
  • 2.36%Net loans and leases to deposits
  • 85.75%Net loans and leases to core deposits
  • 89.73%Equity capital to assets
  • 9.88%Core capital (leverage) ratio
  • 8.69%Tier 1 risk-based capital ratio
  • 11.49%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $200,039Average earning assets
  • $19,797Average equity
  • $184,034Average loans

List of branches

  • 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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