Union State Bank in Kewaunee, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Union State Bank - Overview

  • General
  • FDIC Certificate #: 14790
    Status: Active
    Federal Reserve ID: 386142
    Bank Holding Company (Regulatory Top Holder): New Bancshares, Inc. (RSSDID: 1210598, Location: Kewaunee, WI)
    Date Established: March 12, 1911
    WWW: http://www.unionstatebank.org
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 14316
    FDIC's unique #: 9252
    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: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 223 Ellis Street, Kewaunee, WI 54216
    County: Kewaunee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Appleton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Green Bay, WI (#24580)
    CBSA Metro Statistical Area: Green Bay, WI (#24580)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $83.7 mil
    Equity capital: $8.6 mil
    Deposits held in domestic offices: $74.4 mil
    Return on assets (ROA): 0.33% ($0.3 mil)
    Quarterly return on assets: 0.70% ($0.6 mil)
    Return on Equity (ROE): 3.20% ($0.3 mil)
    Quarterly return on equity: 6.83% ($0.6 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.30% ($251.0 mil)
    Quarterly Pretax return on assets: 0.82% ($686.0 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
  • 40Total employees (full-time equivalent)
  • $83,654Total assets
  • $3,796Cash and due from depository institutions
  • $182Interest-bearing balances
  • $18,632Securities
  • $1,500Federal funds sold & reverse repurchase agreements
  • $54,893Net loans & leases
  • $811Loan loss allowance
  • $0Trading account assets
  • $1,205Bank premises and fixed assets
  • $322Other real estate owned
  • $384Goodwill and other intangibles
  • $83,654Life insurance assets
  • $2,922All other assets
  • $75,051Total liabilities and capital
  • $74,427Total liabilities
  • $62,806Total deposits
  • $74,427Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $624Subordinated debt
  • $8,603All other liabilities
  • $8,603Total equity capital
  • $8,603Total bank equity capital
  • $0Perpetual preferred stock
  • $245Common stock
  • $1,755Surplus
  • $6,603Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $247Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,754Income earned, not collected on loans
  • $75Earning assets
  • $277Long-term assets (5+ years)
  • $75,207Average Assets, year-to-date
  • $13,424Average Assets, quarterly
  • $82,646Volatile liabilities
  • $83,982Insider loans
  • $54,435FHLB advances
  • $82,139Loans and leases held for sale
  • $1,306Unused loan commitments
  • $864Tier 1 (core) risk-based capital
  • $8,263Tier 2 risk-based capital
  • $442Total risk weighted assets
  • $0Total unused commitments
  • $5,959Restructured Loans and leases
  • $199Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,672Total interest income
  • $738Total interest expense
  • $2,934Net interest income
  • $255Provision for loan and lease losses
  • $1,268Total noninterest income
  • $0Fiduciary activities
  • $176Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,092Additional noninterest income
  • $3,760Total noninterest expense
  • $2,219Salaries and employee benefits
  • $499Premises and equipment expense
  • $1,042Additional noninterest expense
  • $187Pre-tax net operating income
  • $63Securities gains (losses)
  • -$19Applicable income taxes
  • $269Income before extraordinary items
  • $0Extraordinary gains - net
  • $269Net income attributable to bank
  • $0Net charge-offs
  • $269Cash dividends
  • $121Sale, conversion, retirement of capital stock, net
  • $43Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.99%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 3.99%Net interest margin
  • 1.72%Noninterest income to earning assets
  • 5.11%Noninterest expense to earning assets
  • 0.25%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.30%Pretax return on assets
  • 3.20%Return on equity (ROE)
  • 2.69%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 210.74%Credit loss provision to net charge-offs
  • 3.65%Efficiency ratio
  • 89,100Assets per employee
  • 2.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.99%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 46.24%Noncurrent assets plus other real estate owned to assets
  • 2.48%Noncurrent loans to loans
  • 3.15%Net loans and leases to deposits
  • 73.75%Net loans and leases to core deposits
  • 74.53%Equity capital to assets
  • 10.28%Core capital (leverage) ratio
  • 10.06%Tier 1 risk-based capital ratio
  • 15.18%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $82,646Average earning assets
  • $8,403Average equity
  • $73,514Average loans

List of branches

  • 4 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09252Union State Bank223 Ellis Street, Kewaunee, WI 54216March 12, 1911Full Service Brick and Mortar
    1232100Green Bay BranchHighways 29 And 141, Green Bay, WI 54311July 27, 1987Full Service Brick and Mortar
    2232101Marquette Drive Branch931 Marquette Drive, Kewaunee, WI 54216Febuary 26, 1996Full Service Brick and Mortar
    4490056Two Rivers Branch2221 Lincoln Avenue, Two Rivers, WI 54241April 20, 2009Full Service Brick and Mortar

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