United Bank in Osseo, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • United Bank in Osseo, Wisconsin (WI)
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United Bank - Overview

  • General
  • FDIC Certificate #: 14629
    Status: Active
    Federal Reserve ID: 164854
    Bank Holding Company (Regulatory Top Holder): United Citizens 401(K) Savings Plan (RSSDID: 3682537, Location: Osseo, WI)
    Date Established: December 23, 1911
    WWW: http://www.unitedbankwi.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 10166
    FDIC's unique #: 9146
    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: 50518 Charles Street, Osseo, WI 54758
    County: Trempealeau
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $206.4 mil
    Equity capital: $20.1 mil
    Deposits held in domestic offices: $165.7 mil
    Return on assets (ROA): 0.76% ($1.6 mil)
    Quarterly return on assets: 0.99% ($2.0 mil)
    Return on Equity (ROE): 7.90% ($1.6 mil)
    Quarterly return on equity: 9.99% ($2.0 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.12% ($2,312.0 mil)
    Quarterly Pretax return on assets: 1.48% ($3,055.1 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
  • 73Total employees (full-time equivalent)
  • $206,425Total assets
  • $14,639Cash and due from depository institutions
  • $10,441Interest-bearing balances
  • $32,492Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $145,504Net loans & leases
  • $2,272Loan loss allowance
  • $0Trading account assets
  • $3,449Bank premises and fixed assets
  • $5Other real estate owned
  • $0Goodwill and other intangibles
  • $206,425Life insurance assets
  • $10,336All other assets
  • $186,321Total liabilities and capital
  • $165,734Total liabilities
  • $145,158Total deposits
  • $165,734Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $19,300Trading liabilities
  • $0Other borrowed funds
  • $1,287Subordinated debt
  • $20,104All other liabilities
  • $20,104Total equity capital
  • $20,104Total bank equity capital
  • $0Perpetual preferred stock
  • $510Common stock
  • $5,100Surplus
  • $14,494Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,373Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,306Income earned, not collected on loans
  • $0Earning assets
  • $760Long-term assets (5+ years)
  • $188,437Average Assets, year-to-date
  • $16,621Average Assets, quarterly
  • $203,715Volatile liabilities
  • $201,111Insider loans
  • $160,019FHLB advances
  • $201,776Loans and leases held for sale
  • $4,955Unused loan commitments
  • $3,711Tier 1 (core) risk-based capital
  • $19,860Tier 2 risk-based capital
  • $1,244Total risk weighted assets
  • $0Total unused commitments
  • $29,966Restructured Loans and leases
  • $252Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,951Total interest income
  • $2,613Total interest expense
  • $7,338Net interest income
  • $202Provision for loan and lease losses
  • $2,571Total noninterest income
  • $0Fiduciary activities
  • $521Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,050Additional noninterest income
  • $7,434Total noninterest expense
  • $4,651Salaries and employee benefits
  • $621Premises and equipment expense
  • $2,162Additional noninterest expense
  • $2,273Pre-tax net operating income
  • $0Securities gains (losses)
  • $729Applicable income taxes
  • $1,544Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,544Net income attributable to bank
  • $0Net charge-offs
  • $1,544Cash dividends
  • $469Sale, conversion, retirement of capital stock, net
  • $1,531Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.34%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 3.94%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 3.99%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.76%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 7.90%Return on equity (ROE)
  • 0.07%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 43.07%Credit loss provision to net charge-offs
  • 5.28%Efficiency ratio
  • 75,023Assets per employee
  • 2.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 99.16%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 36.03%Noncurrent assets plus other real estate owned to assets
  • 3.06%Noncurrent loans to loans
  • 4.27%Net loans and leases to deposits
  • 87.79%Net loans and leases to core deposits
  • 95.86%Equity capital to assets
  • 9.74%Core capital (leverage) ratio
  • 9.84%Tier 1 risk-based capital ratio
  • 12.41%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $203,715Average earning assets
  • $19,546Average equity
  • $186,288Average loans

List of branches

  • 7 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09146United Bank50518 Charles Street, Osseo, WI 54758December 23, 1911Full Service Brick and Mortar
    18091Ettrick Branch22818 North Main, Ettrick, WI 54627April 27, 1932Full Service Brick and Mortar
    2227865Eleva Branch50659 Main St North, Eleva, WI 54738August 22, 1935Full Service Brick and Mortar
    3227866Strum Branch131 Fifth Avenue, Strum, WI 54770October 16, 1935Full Service Brick and Mortar
    6231836Mondovi Branch203 East Main Street, Mondovi, WI 54755November 30, 1992Full Service Brick and Mortar
    7418503Eau Claire Loan Production Office3410 Oakwood Mall Drive, Eau Claire, WI 54703March 05, 2003Limited Service Loan Production
    8445227Eau Claire Gateway Drive Office3625 Gateway Drive, Eau Claire, WI 54701October 03, 2005Full Service Brick and Mortar

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