North Milwaukee State Bank
Milwaukee, WI · Owner: North Milwaukee Bancshares Inc
$67.1M
total assets, December 31, 2015
$67.1M
total assets, December 31, 2015
North Milwaukee State Bank was a state nonmember bank in Milwaukee, WI, owned by North Milwaukee Bancshares Inc. It failed on Mar 11, 2016, and First-citizens Bank & Trust Company took over its deposits. At its last report it held $67.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2015
This bank failed
- Failed on
- Mar 11, 2016
- Assets
- $67.1M
- Deposits
- $61.5M
- Estimated cost
- $11.8M
- Deposits went to
- First-citizens Bank & Trust Company, Raleigh, NC
Total assets
$67.1M
-10.8% in a year · -4.9% in a quarter
Deposits
$61.5M
-8.9% in a year · -4.5% in a quarter
Loans
$41.5M
-21.3% in a year · -7.7% in a quarter
Profit so far
-$2.1M
Jan 1 to Dec 31, 2015
Capital ratio
1.27%
-5.21 pts in a year
Return on assets
-2.88%
-2.29 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5630 W Fond Du Lac Ave, Milwaukee, WI, 53216
- County
- Milwaukee
- Holding company
- North Milwaukee Bancshares Inc
- Established
- Feb 12, 1971
- Failed
- Mar 11, 2016
- Employees
- 17
- Branches
- 2
- Id
- b20364
Quarter by quarter
March 31, 1984 to December 31, 2015
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is North Milwaukee State Bank?
$67.1 million in total assets and $61.5 million in deposits as of December 31, 2015, with assets down 10.8% from a year before. Its loans were $41.5 million.
How many branches does North Milwaukee State Bank have?
2 branches in Wisconsin as of June 30, 2026.
Is North Milwaukee State Bank profitable?
No: it lost $2.09 million from January 1 to December 31, 2015. Its return on assets was -2.88% a year; about 1% is typical.
Who owns North Milwaukee State Bank?
North Milwaukee State Bank is owned by North Milwaukee Bancshares Inc, its holding company.
When did North Milwaukee State Bank fail?
Mar 11, 2016. First-citizens Bank & Trust Company of Raleigh, NC took over its deposits. The estimated cost of the failure was $11.8 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.