State Bank of Drummond, 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.

The State Bank of Drummond was founded in 1921 in Drummond Wisconsin and was and continues to be an important community bank that services primarily the southern portion of Bayfield County Wisconsin, with branch offices in Cable and Barnes. The bank has repeatedly scored high grades from the various bank rating firms on their overall financial strength and banking performances. As it has for over 85 years, the State Bank of Drummond serves the area with dedication, commitment and as an independent community bank that meets today’s needs while planning for tomorrow’s possibilities.

The State Bank of Drummond focuses on providing high quality financial services through personable, knowledgeable and a professional staff that will tailor a financial relationship to meet your needs. Reliability, confidentiality, competitive rates and staff efficiencies are top priorities to reach the effectiveness of this purpose.

Drummond Office
52485 Wisconsin Ave.
Drummond, Wisconsin 54832
Ph: 715-739-6222
Fax: 715-739-6241

Cable Office
43480 Kavanaugh Rd.
Cable, Wisconsin 54821
Ph: 715-798-3646
Fax: 715-798-4019

Barnes Office
50490 State Highway 27
Barnes, Wisconsin 54873
Ph: 715-795-2304
Fax: 715-795-2022