Tomahawk Community Bank Ssb Mortgage Rates, Fees & Info

Tomahawk, WI

LEI: 2549004NNGKPRSS24037

Tax ID: 39-0660430

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Bank Data

Review & Overview

Tomahawk Community Bank Ssb is a smaller bank specializing in various types of mortgages.



We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


Originations

0

Origination Dollar Volume (All Markets)

$0

Employee count

40

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Tomahawk Community Bank S.S.B. 15 East Wisconsin Avenue Tomahawk, WI 54487 Full Service B&M $85,894
Tomahawk Community Bank S.S.B. 907 East Main St Merrill, WI 54452 Full Service B&M $31,915

For 2018, Tomahawk Community Bank Ssb had 2 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $5,435
Net interest income $5,147
Total noninterest income $1,097
Gross Fiduciary activities income $0
Service charges on deposit accounts $145
Trading account gains and fees $0
Additional Noninterest Income $952
Pre-tax net operating income $1,230
Securities gains (or losses, -) $0
Income before extraordinary items $973
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $973
Minority interest net income $0
Net income $973
Sale, conversion, retirement of capital stock, net $0
Net operating income $973

Tomahawk Community Bank Ssb's gross interest income from loans was $5,435,000.
Tomahawk Community Bank Ssb's net interest income from loans was $5,147,000.
Tomahawk Community Bank Ssb's fee based income from loans was $145,000.
Tomahawk Community Bank Ssb's net income from loans was $973,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $288
Provision for credit losses $0
Total noninterest expense $5,014
Salaries and employee benefits $2,798
Premises and equipment expense $400
Additional noninterest expense $1,816
Applicable income taxes $257
Net charge-offs $7
Cash dividends $100

Tomahawk Community Bank Ssb's interest expense for loans was $288,000.
Tomahawk Community Bank Ssb's payroll and benefits expense were $2,798,000.
Tomahawk Community Bank Ssb's property, plant and equipment expenses $400,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 1.0%
HELOC loans 0.0%
All other family 1.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $123,105
Deposits held in domestic offices $123,105
Deposits by Individuals, partnerships, and corporations $111,119
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $11,986
Deposits by Commercial banks and other depository institutions in U.S. $0
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $45,315
Demand deposits $42,275
Nontransaction accounts $77,790
Money market deposit accounts (MMDAs) $19,273
Other savings deposits (excluding MMDAs) $35,892
Total time deposits $22,626
Total time and savings deposits $80,830
Noninterest-bearing deposits $20,394
Interest-bearing deposits $102,712
Retail deposits $122,004
IRAs and Keogh plan accounts $7,809
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $143,017
Cash & Balances due from depository institutions $8,627
Interest-bearing balances $2,756
Total securities $11,171
Federal funds sold & reverse repurchase $774
Net loans and leases $112,310
Loan and leases loss allowance $1,577
Trading account assets $0
Bank premises and fixed assets $2,636
Other real estate owned $0
Goodwill and other intangibles $1,054
All other assets $6,445

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $143,017
Total Liabilities $124,430
Total deposits $123,105
Interest-bearing deposits $102,712
Deposits held in domestic offices $123,105
% insured (estimated) $92
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $1,325

Issued Loan Types

Type Value (in 000's)
Net loans and leases $112,310
Loan and leases loss allowance $1,577
Total loans and leases (domestic) $113,887
All real estate loans $90,751
Real estate loans in domestic offices $90,751
Construction and development loans $11,191
Residential 1-4 family construction $3,989
Other construction, all land development and other land $7,202
Loans secured by nonfarm nonresidential properties $19,114
Nonfarm nonresidential secured by owner-occupied properties $17,358
Commercial real estate & other non-farm, non-residential $1,756
Multifamily residential real estate $87
1-4 family residential loans $60,359
Farmland loans $0
Loans held in foreign offices $0
Farm loans $26
Commercial and industrial loans $11,449
To non-U.S. addressees $0
Loans to individuals $6,843
Credit card loans $0
Related Plans $35
Consumer Auto Loans $3,439
Other loans to individuals $3,369
All other loans & leases $4,817
Loans to foreign governments and official institutions $0
Other loans $4
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $156
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

Tomahawk Community Bank SSB had $112,310,000 of loans outstanding in 2018. $90,751,000 of loans were in real estate loans. $11,191,000 of loans were in development loans. $87,000 of loans were in multifamily mortgage loans. $60,359,000 of loans were in 1-4 family mortgage loans. $26,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,439,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 127 $17,906 $140,992
Nonfarm, nonresidential loans - <$100k 50 $2,422 $48,440
Nonfarm, nonresidential loans - $100-250k 49 $6,582 $134,327
Nonfarm, nonresidential loans - $250k-1MM 28 $8,902 $317,929
Commercial & Industrial, US addressed loans - <$1MM 144 $8,588 $59,639
Commercial & Industrial, US addressed loans - <$100k 110 $2,692 $24,473
Commercial & Industrial, US addressed loans - $100-250k 23 $2,130 $92,609
Commercial & Industrial, US addressed loans - $250k-1MM 11 $3,766 $342,364
Farmland loans - <$1MM 3 $0 $0
Farmland loans - <$100k 3 $0 $0
Agriculture operations loans - <$1MM 26 $26 $1,000
Agriculture operations loans - <$100k 26 $26 $1,000