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Overview / Commentary
401 Spruce Streets
Abbotsford, WI 54405

AbbyBank is headquartered in Abbotsford and is the 55th largest bank in the state of Wisconsin. It is also the 1,944th largest bank in the nation. It was established in 1968 and as of March of 2014, it had grown to 75 employees at 4 locations. AbbyBank has a B+ health rating.

Reviews (1)

Abby Bank Rating

I Have Been With Abby Bank For Five Years. I Owned A Small Bussiness. When The Economy Took A Dive I Was Forced To Close! Abby Bank Said They Would Work With Me. However When It Came Down Helping Me They Went Right After My House! They Would Tell Me One Thing Then A Few Days After That They Would Add More Money To My Home! As Of Now I Am In Way Over My Head On My Home! While They Are Building A Brand New Bank! I Was With Intercity bank And I Have To Say I miss Them! I Have To Say If Anybody Wants To Swicth To Abby Bank Beware! They Talk A Good Story But When It Come Down To Your Well Being, Abby Bank Will Dig Deep In Your Pockets! During The Recession, The Tax Payers Bailed Out The Banks To Help Them Get Back On Their Feet, And Now That I Have Fallen, I Feel Abby Bank Has Done Nothing More Than Sweeping Me Under The Bus! I am Fifty Years Old And Lost All My Savings. I Have Just Worked The Last Twenty Years Of My Life For Nothing. How Do You Start Over At My Age? You Dont! My dreams Of Retirement Are Gone Forever!!!



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 AbbyBank had $5.3 million in non-current loans and owned real-estate with $35.21 million in equity and loan loss allowances on hand to cover it. This gives AbbyBank a Texas Ratio of 15.06% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for AbbyBank experienced no significant changes from 15.37% as of March 31, 2013 to 15.06% as of March 31, 2014, resulting in a positive change of 2.03%.This indicates that the balance sheet and financial strength for AbbyBank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, AbbyBank has increased its total deposits by $10.46 million, resulting in 3.54% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth AbbyBank has shown is excellent.

Capitalization

GRADE:
B+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. AbbyBank has $338.84 million in assets with $35.21 million in equity, resulting in a capitalization level of 10.39%, which is above average.

Institution Statistics

Overall
FDIC Certificate #19795
Year Established1968
Employees75
Primary RegulatorFDIC
Assets and Liabilities
Assets$338.85 million
Loans$230.51 million
Deposits$306.14 million
Equity Capital$31.39 million
Loan Loss Allowance$3.83 million
Unbacked Noncurrent Loans$3.87 million
Real Estate Owned$1.43 million
Historic Data - March 2013
Assets$330.15 million
Equity Capital$30.84 million
Loan Loss Allowance$3.88 million
Unbacked Noncurrent Loans$3.87 million
Real Estate Owned$1.47 million
Profit Margin - Quarterly
Net Interest Margin3.24%
Return on Assets0.68%
Return on Equity7.37%
Interest Income$2.97 million
Rates

Sorry, we do not have rate data for AbbyBank

Locations


AbbyBank Locations
Schofield Branch2405 Schofield AvenueSchofield, WI 54476
Forest Park Village2901 North Seventh St.Wausau, WI 54403
Wausau Branch305 S. 18th AvenueWausau, WI 54401
Wausau Wi Branch305 South 18th Avenue, Suite 100Wausau, WI 54401
Island Place Branch400 River DriveWausau, WI 54403
Www.abbybank.com Branch401 Spruce StAbbotsford, WI 54405
Abbybank401 Spruce StreetsAbbotsford, WI 54405