Valley Bank Western, FSB in Sparta, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 1994

Valley Bank Western, FSB in Sparta, Wisconsin (WI)
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Valley Bank Western, FSB - Overview

General
FDIC Certificate #: 28977
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: M&I Mid-State Bank (#5326)
Federal Reserve ID: 873370
Date Established: June 01, 1934
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 2714
FDIC's unique #: 41811
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: October 25, 1934
Last Structure Change Effective Date: September 01, 1994
Last Structure Change Process Date: September 23, 1994
Last Data Update: September 23, 1994
Data Source Date: April 05, 2012
Location
Address: 124 North Court, Sparta, WI 54656
County: Monroe
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
Financial Summary
Total assets: $100.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$50Total assets
$96,981Cash and due from depository institutions
$3,414Interest-bearing balances
$501Securities
$12,809Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$77,700Loan loss allowance
$1,044Trading account assets
$0Bank premises and fixed assets
$1,380Other real estate owned
$24Goodwill and other intangibles
$1,654Life insurance assets
$0All other assets
$0Total liabilities and capital
$96,981Total liabilities
$89,286Total deposits
$87,256Interest-bearing deposits
$82,713Deposits held in domestic offices
87256.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$787Subordinated debt
$0All other liabilities
$1,243Total equity capital
$1,243Total bank equity capital
$7,695Perpetual preferred stock
$0Common stock
$5,100Surplus
$0Undivided profits
Memoranda
$2,595Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$338Income earned, not collected on loans
$497Earning assets
$91,010Long-term assets (5+ years)
$0Average Assets, year-to-date
$99,220Average Assets, quarterly
$97,969Volatile liabilities
$6,797Insider loans
$561FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$8,692Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,695Total risk weighted assets
$66,627Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$7,592Total interest expense
$3,611Net interest income
$3,981Provision for loan and lease losses
$5Total noninterest income
$980Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$980Total noninterest expense
$2,893Salaries and employee benefits
$1,165Premises and equipment expense
$881Additional noninterest expense
$847Pre-tax net operating income
$2,063Securities gains (losses)
$83Applicable income taxes
$750Income before extraordinary items
$1,396Extraordinary gains - net
$0Net income attributable to bank
$1,396Net charge-offs
$137Cash dividends
$675Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.23%Cost of funding earning assets
3.92%Net interest margin
4.32%Noninterest income to earning assets
1.06%Noninterest expense to earning assets
3.14%Net operating income to assets
1.35%Return on assets (ROA)
1.41%Pretax return on assets
2.16%Return on equity (ROE)
19.15%Retained earnings to average equity (YTD only)
9.89%Net charge-offs to loans
0.18%Credit loss provision to net charge-offs
3.65%Efficiency ratio
58,315Assets per employee
1.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.35%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
308.88%Noncurrent assets plus other real estate owned to assets
0.37%Noncurrent loans to loans
0.43%Net loans and leases to deposits
89.05%Net loans and leases to core deposits
95.64%Equity capital to assets
7.93%Core capital (leverage) ratio
7.93%Tier 1 risk-based capital ratio
11.55%Total risk-based capital ratio
Memoranda
$13Average assets
$99,220Average earning assets
$7,290Average equity
$92,213Average loans

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