Dairyland State Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Rusk County’s oldest bank was chartered on June 20, 1902 and was known as Lumberman’s State Bank. In 1935 the State Bank of Bruce merged with Farmer’s State Bank of Sheldon and the State Bank of Exeland. The name was changed to the Dairyland State Bank on July 15, 1935.

On April 14, 2008 the State Bank of Gilman was merged into the Dairyland State Bank. The total assets of the combined institution are 92 million. The bank now has locations in 6 communities including Bruce, Exeland, Sheldon, Gilman, Holcombe, and Stanley.

The central purpose and role of Dairyland State Bank is to provide a full range of banking services on a professional, timely and personal basis for rural and small town residents in North Central Wisconsin while operating in a safe and sound manner and providing a reasonable profit to its owners.

Bruce Office
719 N Main
PO Box 397
Bruce, WI 54819

Exeland Office
903 N Grant Avenue
PO Box 37
Exeland, WI 54835

Sheldon Office
W5513 Main St
PO Box 68
Sheldon, WI 54766

Gilman Office
280 East Main St.
PO Box 217
Gilman, WI 54433

Holcombe Office
26353 Hwy 27, Suite H
PO Box 279
Holcombe, WI 54745

Stanley Office
240 S Broadway
PO Box 37
Stanley, WI 54768