Town Bank in Hartland, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


Town Bank - Overview

  • General
  • FDIC Certificate #: 34717
    Status: Active
    Federal Reserve ID: 2693264
    Bank Holding Company (Regulatory Top Holder): Wintrust Financial Corporation (RSSDID: 2260406, Location: Lake Forest, IL)
    Date Established: July 23, 1998
    WWW: http://www.townbank.us
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 61321
    Numeric code: 13
    Regulator: FED
    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: July 23, 1998
    Last Structure Change Effective Date: May 22, 2007
    Last Structure Change Process Date: July 12, 2007
    Last Data Update: July 12, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 850 West North Shore Drive, Hartland, WI 53029
    County: Waukesha
    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): Milwaukee-Waukesha, WI (#5080)
    Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
    Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
    Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340)
    CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $792.0 mil
    Equity capital: $99.5 mil
    Deposits held in domestic offices: $672.2 mil
    Return on assets (ROA): 0.28% ($2.2 mil)
    Quarterly return on assets: 0.36% ($2.9 mil)
    Return on Equity (ROE): 2.25% ($2.2 mil)
    Quarterly return on equity: 2.97% ($2.9 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.44% ($3,484.7 mil)
    Quarterly Pretax return on assets: 0.58% ($4,593.5 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
  • 83Total employees (full-time equivalent)
  • $791,978Total assets
  • $38,224Cash and due from depository institutions
  • $26,581Interest-bearing balances
  • $39,027Securities
  • $2,027Federal funds sold & reverse repurchase agreements
  • $619,116Net loans & leases
  • $7,697Loan loss allowance
  • $0Trading account assets
  • $22,911Bank premises and fixed assets
  • $9,470Other real estate owned
  • $24,408Goodwill and other intangibles
  • $791,978Life insurance assets
  • $36,795All other assets
  • $692,482Total liabilities and capital
  • $672,248Total liabilities
  • $598,953Total deposits
  • $672,248Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,000Trading liabilities
  • $0Other borrowed funds
  • $4,234Subordinated debt
  • $99,496All other liabilities
  • $99,496Total equity capital
  • $99,496Total bank equity capital
  • $0Perpetual preferred stock
  • $1,200Common stock
  • $89,209Surplus
  • $9,087Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,247Income earned, not collected on loans
  • $0Earning assets
  • $2,518Long-term assets (5+ years)
  • $686,751Average Assets, year-to-date
  • $37,593Average Assets, quarterly
  • $763,084Volatile liabilities
  • $793,697Insider loans
  • $681,222FHLB advances
  • $756,028Loans and leases held for sale
  • $4,249Unused loan commitments
  • $4,249Tier 1 (core) risk-based capital
  • $75,157Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $114,652Restructured Loans and leases
  • $5,298Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $30,446Total interest income
  • $7,469Total interest expense
  • $22,977Net interest income
  • $6,481Provision for loan and lease losses
  • $2,035Total noninterest income
  • $0Fiduciary activities
  • $689Service charges on deposit accounts
  • $526Trading account gains & fees
  • $820Additional noninterest income
  • $15,335Total noninterest expense
  • $6,262Salaries and employee benefits
  • $1,948Premises and equipment expense
  • $7,125Additional noninterest expense
  • $3,196Pre-tax net operating income
  • $140Securities gains (losses)
  • $1,196Applicable income taxes
  • $2,140Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,140Net income attributable to bank
  • $0Net charge-offs
  • $2,140Cash dividends
  • $5,621Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.29%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 2.25%Return on equity (ROE)
  • 2.25%Retained earnings to average equity (YTD only)
  • 0.95%Net charge-offs to loans
  • 115.30%Credit loss provision to net charge-offs
  • 1.72%Efficiency ratio
  • 60,199Assets per employee
  • 9.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 93.33%Noncurrent assets plus other real estate owned to assets
  • 2.24%Noncurrent loans to loans
  • 1.32%Net loans and leases to deposits
  • 92.10%Net loans and leases to core deposits
  • 114.70%Equity capital to assets
  • 12.56%Core capital (leverage) ratio
  • 9.94%Tier 1 risk-based capital ratio
  • 11.03%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $763,084Average earning assets
  • $95,065Average equity
  • $669,012Average loans

List of branches

  • 6 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061321Town Bank850 West North Shore Drive, Hartland, WI 53029July 23, 1998Full Service Brick and Mortar
    2432684Madison Branch10 West Mifflin Street, Madison, WI 53703August 02, 2004Full Service Brick and Mortar
    4453539Elm Grove Office Branch12960 W. Bluemound Road, Elm Grove, WI 53122April 17, 2006Full Service Brick and Mortar
    5463402Delafield Branch400 Genesee Street, Delafield, WI 53018May 22, 2007Full Service Brick and Mortar
    6497280Milwaukee Branch111 East Kilbourn Avenue, Milwaukee, WI 53202November 02, 2009Full Service Brick and Mortar
    7514046Wales Wi Branch511 North Wales Road, Wales, WI 53183November 01, 2010Full Service Brick and Mortar

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