FDIC Certificate #: 32534 Status: Inactive Federal Reserve ID: 145077 Date Established: April 20, 1987 WWW:http://www.usbankfa.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 8399 FDIC's unique #: 45368 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: April 20, 1987 Last Structure Change Effective Date: September 30, 2008 Last Structure Change Process Date: January 22, 2009 Last Data Update: January 22, 2009 Data Source Date: April 05, 2012
Location
Address: 754 North 4th Street, Milwaukee, WI 53203 County: Milwaukee 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
Other Liquidations and Closings
Change in Insurance Status
Financial Summary
Total assets: $3.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
24Total employees (full-time equivalent)
$8,863Total assets
$2,459Cash and due from depository institutions
$2,075Interest-bearing balances
$75Securities
$2,322Federal funds sold & reverse repurchase agreements
$1,613Net loans & leases
$356Loan loss allowance
$0Trading account assets
$262Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,132All other assets
$8,863Total liabilities and capital
$3,862Total liabilities
$2,799Total deposits
$2,607Interest-bearing deposits
$2,799Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,063All other liabilities
$5,001Total equity capital
$5,001Total bank equity capital
$5,001Perpetual preferred stock
$1,650Common stock
$2,400Surplus
$30,182Undivided profits
Memoranda
$-29,231Noncurrent loans and leases
$984Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$814Earning assets
$0Long-term assets (5+ years)
$19Average Assets, year-to-date
$6,085Average Assets, quarterly
$0Volatile liabilities
$26,263Insider loans
$11,939FHLB advances
$110Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$984Total unused commitments
$0Restructured Loans and leases
$48Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$1,205Total interest income
$880Total interest expense
$325Net interest income
$1,040Provision for loan and lease losses
$3,841Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$3,841Additional noninterest income
$9,629Total noninterest expense
$2,938Salaries and employee benefits
$2,490Premises and equipment expense
$4,201Additional noninterest expense
-$6,503Pre-tax net operating income
$326Securities gains (losses)
-$6Applicable income taxes
-$6,171Income before extraordinary items
$0Extraordinary gains - net
-$6,171Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,222Sale, conversion, retirement of capital stock, net
$2,250Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.97%Yield on earning assets
4.36%Cost of funding earning assets
1.61%Net interest margin
19.05%Noninterest income to earning assets
47.75%Noninterest expense to earning assets
-24.74%Net operating income to assets
-23.50%Return on assets (ROA)
-23.52%Pretax return on assets
-120.40%Return on equity (ROE)
-164.29%Retained earnings to average equity (YTD only)
11.58%Net charge-offs to loans
85.11%Credit loss provision to net charge-offs
-4.47%Efficiency ratio
231,133Assets per employee
0.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
-36.46%Loss allowance to loans
18.08%Loss allowance to noncurrent loans
43.73%Noncurrent assets plus other real estate owned to assets
9.18%Noncurrent loans to loans
41.34%Net loans and leases to deposits
57.63%Net loans and leases to core deposits
59.99%Equity capital to assets
56.43%Core capital (leverage) ratio
56.43%Tier 1 risk-based capital ratio
129.49%Total risk-based capital ratio
Memoranda
$131Average assets
$26,263Average earning assets
$5,126Average equity
$20,167Average loans
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