Bank of Galesville

Bank of Galesville is headquartered in Galesville and is the 198^th largest bank in the state of Wisconsin. It is also the 5,303^rd largest bank in the nation. It was established in 1883 and as of December of 2011, it had grown to 24 employees at 3 locations. Bank of Galesville's savings rates are 3X the national average, and it boasts a 5-star health rating.

Bank of Galesville Routing Number: 091803591

Bank of Galesville Checking Account Rates

Bank of Galesville Savings Account Rates

Bank of Galesville Money Market Rates

Bank of Galesville CD Rates

Data for Q4 2011

Institution Statistics Bank of Galesville FDIC Certificate # 8693 BankRate Report View Year Established 1883 Employees 24 Primary Regulator FDIC Assets and Liabilities Assets $86.71 million Loans $61.48 million Deposits $70.49 million Equity Capital $12.88 million Loan Loss Allowance $858,000 Unbacked Noncurrent Loans $786,000 Real Estate Owned $1.01 million Historic Data - December 2010 Assets $84.63 million Equity Capital $11.43 million Loan Loss Allowance $794,000 Unbacked Noncurrent Loans $2.49 million Real Estate Owned $750,000 Profit Margin - Quarterly Net Interest Margin 4.79% Return on Assets 2.15% Return on Equity 15.03% Interest Income $4.37 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Galesville had $1.79 million in non-current loans and owned real-estate with $13.74 million in equity and loan loss allowances on hand to cover it. This gives Bank of Galesville a Texas Ratio of 13.05% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Galesville decreased significantly from 26.51% as of December 31, 2010 to 13.05% as of December 31, 2011, resulting in a positive change of 50.78%.This indicates that the balance sheet and financial strength for Bank of Galesville has improved significantly in recent periods. Deposit Growth In the past year, Bank of Galesville has increased its total deposits by $1.31 million, resulting in 1.89% 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 Bank of Galesville has shown is above average. Capitalization 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. Bank of Galesville has $86.71 million in assets with $13.74 million in equity, resulting in a capitalization level of 15.85%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.