Bank Of Turtle Lake
Turtle Lake, WI — Domestic Branch of a Domestic Bank
Acquired Feb 2014
Vitals
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Total Assets65.5M -3.1 %
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Total Deposits60.1M -2.6 %
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Total Net Loans31.3M -1.5 %
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Net Income407000.0000 -11.7 %
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Book Value5.4M -8.0 %
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Book Value x210.7M -8.0 %
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Book Value x316.0M -8.0 %
Balance Sheet Highlights
Financial Highlights | Bank Of Turtle Lake | All Insured Commercial Banks in Wisconsin |
Balance Sheet $(000) | ||
Total Assets | 65,541 | 217,012 |
Total Net Loans | 31,290 | 142,530 |
Total Deposits | 60,096 | 183,207 |
Total Equity | 5,350 | 23,957 |
Profitability | ||
Net Income | 407 | 2,017 |
Return on Average Assets | .619 | .909 |
Return on Average Equity | 7.297 | 7.874 |
Net Interest Margin | 3.057 | 3.812 |
Efficiency Ratio | 82.794 | 66.522 |
Noninterest Income/Revenue | 11.58 | 14.439 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 52.067 | 75.838 |
Securities/Assets | .296 | .178 |
Total Equity/Total Assets | .082 | .11 |
Tangible Equity/Tangible Assets | .082 | .108 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 5,794 | 23,374 |
Tier 2 Capital | 406 | 1,878 |
Total Capital | 6,200 | 25,283 |
Total Risk Weighted Assets | 33,220 | 152,550 |
Leverage Ratio | 9.01 | 11.147 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 17.44 | 16.255 |
Total Capital Ratio | 18.66 | 17.474 |
Timeline for Bank Of Turtle Lake
Dairy State Bank
Bank Of Turtle Lake was acquired by Dairy State Bank 10 years
View Profile Feb 22 2014Dairy State Bancorp, Inc.
Dairy State Bancorp, Inc. became a new parent organization for Bank Of Turtle Lake.
View Profile Jan 07 2014Candle Center Investments, Inc.
Candle Center Investments, Inc. became a new subsidiary organization for Bank Of Turtle Lake.
View Profile Dec 31 1991Turtle Bancshares, Inc.
Turtle Bancshares, Inc. became a new parent organization for Bank Of Turtle Lake.
View Profile Jul 13 1982Bank Of Turtle Lake
Bank Of Turtle Lake was established 124 years ago and is currently headquartered in Turtle Lake, WI.
Jan 01 1900Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Dairy State Bank | Buyer | 488,885 | Pooling of Interests | Discontinued | 2/22/2014 |
Relationships | Role | Relationship Start | Relationship End |
Dairy State Bancorp, Inc. | Parent | 1/7/2014 | 2/21/2014 |
Turtle Bancshares, Inc. | Parent | 7/13/1982 | 1/6/2014 |
Candle Center Investments, Inc. | Subsidary | 6/30/2007 | 2/21/2014 |
Candle Center Investments, Inc. | Subsidary | 12/31/1991 | 6/29/2007 |
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