1895 Bancorp of Wisconsin Inc MD
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
BCOW$17.62-0.1%Stored close · as of Jul 8, 2026
Contents
Consolidated Balance Sheets at September 30, 2024 (unaudited) and December 31, 2023
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Cash and due from banks | $23,113 | $11,220 |
| Fed funds sold | 2,573 | 2,030 |
| Cash and cash equivalents | 25,686 | 13,250 |
| Marketable equity securities, stated at fair value | 4,343 | 3,625 |
| Available-for-sale securities, stated at fair value (amortized cost $107,383 and $119,055) | 100,315 | 109,559 |
| Loans held for sale | 536 | 704 |
| Loans, net of deferred costs | 401,616 | 398,568 |
| Allowance for credit losses for loans | (3,966) | (3,734) |
| Total loans, net of deferred loan costs and allowance for credit losses | 397,650 | 394,834 |
| Premises and equipment, net | 4,977 | 5,182 |
| Mortgage servicing rights, net | 1,652 | 1,720 |
| Federal Home Loan Bank (FHLB) stock, at cost | 4,564 | 4,164 |
| Accrued interest receivable | 1,446 | 1,554 |
| Cash value of life insurance | 14,364 | 14,027 |
| Other assets | 9,007 | 8,988 |
| TOTAL ASSETS | $564,540 | $557,607 |
| Liabilities and Stockholders’ Equity | ||
| Deposits | $395,310 | $403,683 |
| Advance payments by borrowers for taxes and insurance | 9,771 | 1,233 |
| FHLB advances | 75,792 | 71,007 |
| Accrued interest payable | 1,222 | 1,106 |
| Other liabilities | 9,271 | 7,817 |
| TOTAL LIABILITIES | 491,366 | 484,846 |
| Preferred stock, $0.01 par value, 10,000,000 shares authorized at September 30, 2024 and December 31, 2023 | — | — |
| Common stock (par value $0.01 per share) Authorized - 90,000,000 shares at September 30, 2024 and December 31, 2023; Issued – 5,994,977 at September 30, 2024 and 6,114,183 at December 31, 2023 (includes 115,574 and 144,297 unvested shares, respectively); Outstanding – 5,965,459 at September 30, 2024 and 6,084,665 at December 31, 2023 (includes 115,574 and 144,297 unvested shares, respectively) | 60 | 61 |
| Additional paid-in capital | 49,304 | 49,778 |
| Unallocated common stock of Employee Stock Ownership Plan (ESOP), 419,291 and 434,062 shares at September 30, 2024 and December 31, 2023, respectively | (3,980) | (4,120) |
| Less treasury stock at cost, 29,518 shares at September 30, 2024 and December 31, 2023 | (295) | (295) |
| Retained earnings | 32,911 | 33,892 |
| Accumulated other comprehensive loss, net of income taxes | (4,826) | (6,555) |
| Total stockholders’ equity | 73,174 | 72,761 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $564,540 | $557,607 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.