Valley First National Bank of Ripon in city_name, state_name

Valley First National Bank of Ripon in Ripon, Wisconsin (WI)
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Valley First National Bank of Ripon - Overview

General
FDIC Certificate #: 5322
Status: Inactive
Closing history: Corrections
Acquiring institution: M&I Central State Bank (#12784)
Federal Reserve ID: 1009345
Date Established: January 01, 1856
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 3587
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 01, 1994
Last Structure Change Process Date: July 05, 1994
Last Data Update: September 13, 1995
Data Source Date: April 05, 2012
Location
Address: 400 Watson Street, Ripon, WI 54971
County: Fond Du Lac
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
Combined Statistical Area (CSA): Fond du Lac-Beaver Dam, WI (#252)
Core Based Statistical Area (CBSA): Fond du Lac, WI (#22540)
CBSA Metro Statistical Area: Fond du Lac, WI (#22540)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $68.1 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)
$24Total assets
$69,024Cash and due from depository institutions
$2,831Interest-bearing balances
$0Securities
$12,256Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$52,391Loan loss allowance
$541Trading account assets
$0Bank premises and fixed assets
$745Other real estate owned
$0Goodwill and other intangibles
$801Life insurance assets
$0All other assets
$0Total liabilities and capital
$69,024Total liabilities
$63,974Total deposits
$59,709Interest-bearing deposits
$54,692Deposits held in domestic offices
59709.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$3,945Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$320Total equity capital
$320Total bank equity capital
$5,050Perpetual preferred stock
$0Common stock
$300Surplus
$445Undivided profits
Memoranda
$4,305Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$66Income earned, not collected on loans
$234Earning assets
$64,647Long-term assets (5+ years)
$4,945Average Assets, year-to-date
$65,340Average Assets, quarterly
$68,425Volatile liabilities
$9,039Insider loans
$2,993FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$11,741Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,050Total risk weighted assets
$46,131Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,738Total interest expense
$2,164Net interest income
$2,574Provision for loan and lease losses
$91Total noninterest income
$397Fiduciary activities
$0Service charges on deposit accounts
$199Trading account gains & fees
$0Additional noninterest income
$198Total noninterest expense
$1,675Salaries and employee benefits
$596Premises and equipment expense
$150Additional noninterest expense
$929Pre-tax net operating income
$1,205Securities gains (losses)
$0Applicable income taxes
$391Income before extraordinary items
$814Extraordinary gains - net
$0Net income attributable to bank
$814Net charge-offs
$12Cash dividends
$324Sale, 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
7.66%Cost of funding earning assets
3.50%Net interest margin
4.16%Noninterest income to earning assets
0.64%Noninterest expense to earning assets
2.71%Net operating income to assets
1.25%Return on assets (ROA)
1.25%Pretax return on assets
1.84%Return on equity (ROE)
17.39%Retained earnings to average equity (YTD only)
10.47%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
758.33%Efficiency ratio
56,378Assets per employee
2.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.80%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
819.70%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.12%Net loans and leases to deposits
87.74%Net loans and leases to core deposits
95.93%Equity capital to assets
7.32%Core capital (leverage) ratio
7.42%Tier 1 risk-based capital ratio
10.95%Total risk-based capital ratio
Memoranda
$12Average assets
$65,340Average earning assets
$4,681Average equity
$61,858Average loans

Valley First National Bank of Ripon in Ripon, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Valley First National Bank of Ripon - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

Valley First National Bank of Ripon in Ripon, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

Valley First National Bank of Ripon - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

Valley First National Bank of Ripon in Ripon, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches