Bank of Cashton, Financial Information

AboutBank of Cashton

 Address:
724 Front Street
Cashton,WI
Monroe County,Wisconsin
 Established:
Mar 1899
 Number of domestic offices:
1
Agriculture bank
Total assets$124M
Net income$2M
Net income,quarterly$0M
Total deposits$102M
Domestic deposits$102M
Equity capital$12M
ROA1.37%
ROAQ,quarterly0.84%
ROA,pretax0.84%
ROAQ,quarterly,pretax0.84%
ROE13.29%
ROEQ,quarterly8.64%
UpdatedMay 20, 2021

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.

On March 15, 1899, the Bank of Cashton opened for business on Broadway Street. The history of Cashton dates back to 1879 when the railroad was built. From that day forward, people began moving in and putting up buildings and opening various business establishments.

The Bank's safety and soundness was exemplified when on November 14, 1931, the Bank of Cashton took over operations of the Farmers Exchange Bank. On August 23, 1935, the Bank became a member of the FDIC and also installed its "Bandit Barrier" which is preserved and is displayed in the bank basement meeting room. In 1958, a new bank building was constructed on the corner of Main and Wisconsin streets. This facility provided many modern conveniences, including a drive-up window.

As banking needs have changed, so has the Bank of Cashton. In 1978, the bank facility was renovated to more than double the available space. Throughout the 1970’s and 1980’s, the bank maintained strong performance despite many large interest rate fluctuations.

A variety of products have also been introduced in recent years, including the popular Now, Super Now, Money Market Deposit Accounts and Health Savings Accounts. In 1997, following another renovation of the facilities, an automatic teller machine was installed to provide depositors 24-hour access to their funds. Further advancements also came in 1998 with the addition of telephone banking and the introduction of Bank of Cashton’s website home page.

Bank of Cashton
723 Main Street
Cashton, WI 54619
Phone: (608) 654-5121
Fax: (608) 654-5297
Toll-Free: (800) 205-7203