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


Waldo State Bank - Overview

  • General
  • FDIC Certificate #: 8700
    Status: Active
    Federal Reserve ID: 131940
    Date Established: January 01, 1913
    WWW: http://www.waldostatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 5538
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: June 03, 2010
    Last Data Update: June 03, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 119 N Depot St, Waldo, WI 53093
    County: Sheboygan
    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): Sheboygan, WI (#7620)
    Core Based Statistical Area (CBSA): Sheboygan, WI (#43100)
    CBSA Metro Statistical Area: Sheboygan, WI (#43100)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $57.8 mil
    Equity capital: $6.6 mil
    Deposits held in domestic offices: $50.5 mil
    Return on assets (ROA): 0.80% ($0.5 mil)
    Quarterly return on assets: 0.56% ($0.3 mil)
    Return on Equity (ROE): 6.59% ($0.5 mil)
    Quarterly return on equity: 4.71% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.28% ($740.3 mil)
    Quarterly Pretax return on assets: 0.89% ($514.8 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
  • 10Total employees (full-time equivalent)
  • $57,838Total assets
  • $5,784Cash and due from depository institutions
  • $69Interest-bearing balances
  • $11,723Securities
  • $6,000Federal funds sold & reverse repurchase agreements
  • $31,645Net loans & leases
  • $449Loan loss allowance
  • $0Trading account assets
  • $250Bank premises and fixed assets
  • $266Other real estate owned
  • $0Goodwill and other intangibles
  • $57,838Life insurance assets
  • $2,170All other assets
  • $51,206Total liabilities and capital
  • $50,547Total liabilities
  • $47,409Total deposits
  • $50,547Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $500Trading liabilities
  • $0Other borrowed funds
  • $159Subordinated debt
  • $6,632All other liabilities
  • $6,632Total equity capital
  • $6,632Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $900Surplus
  • $5,632Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,214Income earned, not collected on loans
  • $0Earning assets
  • $230Long-term assets (5+ years)
  • $49,437Average Assets, year-to-date
  • $6,462Average Assets, quarterly
  • $52,467Volatile liabilities
  • $55,468Insider loans
  • $31,802FHLB advances
  • $54,942Loans and leases held for sale
  • $1,390Unused loan commitments
  • $1,390Tier 1 (core) risk-based capital
  • $6,244Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,300Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,408Total interest income
  • $768Total interest expense
  • $1,640Net interest income
  • $100Provision for loan and lease losses
  • $221Total noninterest income
  • $0Fiduciary activities
  • $33Service charges on deposit accounts
  • $0Trading account gains & fees
  • $188Additional noninterest income
  • $1,090Total noninterest expense
  • $515Salaries and employee benefits
  • $62Premises and equipment expense
  • $513Additional noninterest expense
  • $671Pre-tax net operating income
  • $0Securities gains (losses)
  • $249Applicable income taxes
  • $422Income before extraordinary items
  • $0Extraordinary gains - net
  • $422Net income attributable to bank
  • $0Net charge-offs
  • $422Cash dividends
  • $181Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.51%Yield on earning assets
  • 1.76%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 2.49%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 6.59%Return on equity (ROE)
  • 5.34%Retained earnings to average equity (YTD only)
  • 0.55%Net charge-offs to loans
  • 55.25%Credit loss provision to net charge-offs
  • 4.26%Efficiency ratio
  • 58,571Assets per employee
  • 5.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.96%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 36.99%Noncurrent assets plus other real estate owned to assets
  • 2.56%Noncurrent loans to loans
  • 3.78%Net loans and leases to deposits
  • 62.61%Net loans and leases to core deposits
  • 66.18%Equity capital to assets
  • 11.47%Core capital (leverage) ratio
  • 11.36%Tier 1 risk-based capital ratio
  • 19.63%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $52,467Average earning assets
  • $6,400Average equity
  • $43,698Average loans

List of branches

  • 1 Wisconsin Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05538Waldo State Bank119 N Depot St, Waldo, WI 53093January 01, 1913Full Service Brick and Mortar

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