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


Woodford State Bank - Overview

  • General
  • FDIC Certificate #: 10011
    Status: Active
    Federal Reserve ID: 93244
    Bank Holding Company (Regulatory Top Holder): Woodford Bancshares,inc. (RSSDID: 2961347, Location: Monroe, WI)
    Date Established: January 01, 1915
    WWW: http://www.woodfordstatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 6400
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 01, 2007
    Last Structure Change Process Date: September 02, 2008
    Last Data Update: September 02, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2310 County Highway M, Woodford, WI 53599
    County: Lafayette
    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
  • History of Changes
  • Change in Location
    Office Purchased
  • Financial Summary
  • Total assets: $180.3 mil
    Equity capital: $16.9 mil
    Deposits held in domestic offices: $156.7 mil
    Return on assets (ROA): 1.12% ($2.0 mil)
    Quarterly return on assets: 1.25% ($2.3 mil)
    Return on Equity (ROE): 12.42% ($2.1 mil)
    Quarterly return on equity: 13.22% ($2.2 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.13% ($2,036.9 mil)
    Quarterly Pretax return on assets: 1.25% ($2,253.3 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
  • 50Total employees (full-time equivalent)
  • $180,260Total assets
  • $12,181Cash and due from depository institutions
  • $7,452Interest-bearing balances
  • $27,031Securities
  • $11,362Federal funds sold & reverse repurchase agreements
  • $119,893Net loans & leases
  • $3,500Loan loss allowance
  • $0Trading account assets
  • $3,199Bank premises and fixed assets
  • $137Other real estate owned
  • $1,119Goodwill and other intangibles
  • $180,260Life insurance assets
  • $5,338All other assets
  • $163,387Total liabilities and capital
  • $156,676Total liabilities
  • $135,550Total deposits
  • $156,676Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 3684.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,797Trading liabilities
  • $0Other borrowed funds
  • $230Subordinated debt
  • $16,873All other liabilities
  • $16,873Total equity capital
  • $16,873Total bank equity capital
  • $0Perpetual preferred stock
  • $64Common stock
  • $13,614Surplus
  • $3,195Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,398Income earned, not collected on loans
  • $912Earning assets
  • $810Long-term assets (5+ years)
  • $165,738Average Assets, year-to-date
  • $7,416Average Assets, quarterly
  • $182,267Volatile liabilities
  • $178,131Insider loans
  • $123,711FHLB advances
  • $177,960Loans and leases held for sale
  • $3,423Unused loan commitments
  • $3,423Tier 1 (core) risk-based capital
  • $16,126Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,477Restructured Loans and leases
  • $2,281Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,779Total interest income
  • $1,513Total interest expense
  • $7,266Net interest income
  • $1,377Provision for loan and lease losses
  • $918Total noninterest income
  • $0Fiduciary activities
  • $432Service charges on deposit accounts
  • $0Trading account gains & fees
  • $486Additional noninterest income
  • $4,752Total noninterest expense
  • $2,733Salaries and employee benefits
  • $512Premises and equipment expense
  • $1,507Additional noninterest expense
  • $2,055Pre-tax net operating income
  • $1Securities gains (losses)
  • $8Applicable income taxes
  • $2,048Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,048Net income attributable to bank
  • $0Net charge-offs
  • $2,048Cash dividends
  • $1,027Sale, conversion, retirement of capital stock, net
  • $1,591Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.59%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 4.63%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 3.03%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 12.42%Return on equity (ROE)
  • 2.77%Retained earnings to average equity (YTD only)
  • 0.78%Net charge-offs to loans
  • 134.08%Credit loss provision to net charge-offs
  • 3.34%Efficiency ratio
  • 56,476Assets per employee
  • 3.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 77.69%Loss allowance to loans
  • 2.84%Loss allowance to noncurrent loans
  • 79.58%Noncurrent assets plus other real estate owned to assets
  • 2.52%Noncurrent loans to loans
  • 3.56%Net loans and leases to deposits
  • 76.52%Net loans and leases to core deposits
  • 78.65%Equity capital to assets
  • 9.36%Core capital (leverage) ratio
  • 9.06%Tier 1 risk-based capital ratio
  • 13.04%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $182,267Average earning assets
  • $16,494Average equity
  • $157,018Average loans

List of branches

  • 5 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06400Woodford State Bank2310 County Highway M, Woodford, WI 53599January 01, 1915Full Service Brick and Mortar
    2221691Argyle Branch101 Spruce Street, Argyle, WI 53504August 06, 1999Full Service Brick and Mortar
    3357197Monroe Branch403 W. 8th Street, Monroe, WI 53566June 30, 2000Full Service Brick and Mortar
    4362475South Wayne Branch212 West High 11, South Wayne, WI 53587October 15, 2001Full Service Brick and Mortar
    57441Blanchardville Branch319 South Main Street, Blanchardville, WI 53516January 01, 1917Full Service Brick and Mortar

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