Vitals
  • Total Assets
    178.1M 4.2 %
  • Total Deposits
    142.0M 7.7 %
  • Total Net Loans
    143.0M 6.8 %
  • Net Income
    417000.0000 -65.4 %
  • Book Value
    16.8M 1.4 %
  • Book Value x2
    33.7M 1.4 %
  • Book Value x3
    50.5M 1.4 %
ROAA

.322

ROAE

3.292

Efficiency Ratio

73.454

Net Interest Margin

3.754

Balance Sheet Highlights
Financial Highlights Fortress Bank All Insured Commercial Banks in Wisconsin
Balance Sheet $(000)
Total Assets 178,120 173,803
Total Net Loans 143,019 130,933
Total Deposits 141,952 141,853
Total Equity 16,828 17,940
Profitability
Net Income 417 1,604
Return on Average Assets .322 1.088
Return on Average Equity 3.292 10.352
Net Interest Margin 3.754 3.793
Efficiency Ratio 73.454 63.202
Noninterest Income/Revenue 6.98 8.163
Balance Sheet Ratios
Loan-to-Deposit 100.752 89.094
Securities/Assets .107 .565
Total Equity/Total Assets .094 .103
Tangible Equity/Tangible Assets .072 -.193
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 12,916 17,170
Tier 2 Capital 1,857 1,456
Total Capital 14,773 18,623
Total Risk Weighted Assets 148,361 136,736
Leverage Ratio 7.5 10.393
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 8.71 13.575
Total Capital Ratio 9.96 14.653

Timeline for Fortress Bank

Lincoln State Bank

Fortress Bank was acquired by Lincoln State Bank 16 years

View Profile Nov 12 2007

Merchants Merger Corp.

Merchants Merger Corp. became a new parent organization for Fortress Bank.

View Profile Jan 06 2003

Fortress Holdings, Inc.

Fortress Holdings, Inc. became a new parent organization for Fortress Bank.

View Profile Aug 13 1992

Westby Investment Company, Inc.

Westby Investment Company, Inc. became a new subsidiary organization for Fortress Bank.

View Profile Mar 01 1992

W-Cv Bancorp, Inc.

W-Cv Bancorp, Inc. became a new parent organization for Fortress Bank.

View Profile Feb 06 1989

Want to see more?

Complete timeline for Fortress Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Lincoln State Bank Buyer 1,293,565 Pooling of Interests Discontinued 11/12/2007
Chaseburg State Bank Seller Failure 7/14/1940
Relationships Role Relationship Start Relationship End
Merchants Merger Corp. Parent 1/6/2003 11/11/2007
Fortress Holdings, Inc. Parent 8/13/1992 1/5/2003
W-Cv Bancorp, Inc. Parent 2/6/1989 8/12/1992
Westby Investment Company, Inc. Subsidary 6/30/2007 11/11/2007
Westby Investment Company, Inc. Subsidary 3/1/1992 6/29/2007
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