financial statements - federal reserve bank of chicago/media/others/banking/... · ·...
TRANSCRIPT
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FRY-6 OMB Number 7100-0297 Approval expires December 31 2015
i
[] copy Page 1of2
Board of Governors of the Federal Reserve System
Annual Report of Holding Companies-FR Y-6
Report at the close of business as of the end of fiscal year
This Report is required by law Section 5(c)(1)(A) of the Bank Holding Company Act (12 USC sect 1844 (c)(1)(A)) Section 8(a) of the International Banking Act (12 USC sect 3106(a)) Sections 11(a)(1) 25 and 25A of the Federal Reserve Act (12 USC sectsect 248(a)(1) 602 and 611a) Section 21113(c) of Regulation K (12 CFR sect 21113(c)) and Section 2255(b) of Regulation Y (12 CFR sect 2255(b)) and section 10(c)(2)(H) of the Home Owners Loan Act Return to the appropriate F ederal Reserve Bank the original and the number of copies specified
This report form is to be filed by all top-tier bank holding compashynies and top-tier savings and loan holding companies organized under US law and by any foreign banking organization that does not meet the requirements of and is not treated as a qualifyshying foreign banking organization under Section 21123 of Regulation K (12 CFR sect 21123) (See page one of the general instructions for more detail of who must file) The Federal Reserve may not conduct or sponsor and an organization (or a person) is not required to respond to an information collection unless it displays a currently valid OMB control number
NOTE The Annual Report of Holding Companies must be signed by one director of the top-tier holding company This individual should also be a senior official of the top-tier holding company In the event that the top-tier holding company does not have an individual who is a senior official and is also a director the chairshyman of the board must sign the report
I Jeff Lappe Name of the Holding Company Director and Official
President Title of the Holding Company Director and Official
attest that the Annual Report of Holding Companies (including the supporting attachments) for this report date has been preshypared in conformance with the instructions issued by the F ederal Reserve System and are true and correct to the best of my knowledge and belief
lMth respect to information regarding individuals contained in this report the Reporter certifies that it has the authority to provide this information to the Federal Reserve The Reporter also certifies that it has the authority on behalf of each individual to consent or object to public release of information regarding that individual The Federal Reserve may assume in the absence of a request for confidential treatment submitted in accordance with the Boards Rules Regarding Availability of Information 12 CFR Part 261 that the Reporter fil1si individual consent to public release of all
middot details in the report concerning that individual
For holding companies f1Q(_ registered with the SEC-
Indicate status of Annual Report to Shareholders
0 is included with the FR Y-6 report
[gj will be sent under separate cover
0 is not prepared
For Federal Reserve Bank Use Only
RSSDID CI
Date of Report (top-tier holding companys fiscal year-end)
December 31 2014 Month I Day I Year
NA Reporters Legal Entity Identifier (LEI) 20-Character LEI Code)
Reporters Name Street and Mailing Address
Stratford Bancshares Inc Legal Title of Holding Company
Stratford WI 54484-0013
307 N Weber PO Box 13 (Mailing Address of the Holding Company) Street I PO Box
City State Zip Code
NA Physical Location (if different from mailing address)
Person to whom questions about this report should be directed Michael R Vesel CPA Name Title
715-845-3111 Area Code I Phone Number I Extension
715-842-7272 Area Code I FAX Number
mveselwipflicom E-mail Address
NA Address (URL) for the Holding Companys web page
Does the reporter request confidential treatment for any portion of this submission
D Yes Please identify the report items to which this request applies
D In accordance with the instructions on pages GEN-2 and 3 a letter justifying the request is being provided
D The information for which confidential treatment is sought is being submitted separately labeled Confidential
l8J No
Public reporting burden for this information collection Is estimated to vary from 13 to 101 hours per response with an average of 525 hours per response including time to gather and maintain data in the required form and to review instructions and complete the Information collection Send comments regarding this burden estimate or any other aspect of this collection of information including suggestions for reducing this burden to Secretary Board of Governors of the Federal Reserve System 20th and C Streets NW Washington DC 20551 and to the Office of Management and Budget Paperwork Reduction Project (7100-0297) Washington DC 20503
102014
Stratford Bancshares Inc
(Parent Company Only) Stratford Wisconsin
Financial Statements
Year Ended December 31 2014
I) YI)
Stratford Bancshares Inc (Parent Company Only)
Financial Statements
Year Ended December31 2014
Table of Contents
Accountants Compilation Report l
Financial Statements
Balance Sheet 2
Statement of Income and Comprehensive lncome 3
Statement of Changes in Stockholders Equity 4
Statement of Cash Flows 5
Notes to Financial Statements 6
bull
WIPFLI
Accountants Compilation Report
Board of Directors Stratford Bancshares Inc Stratford Wisconsin
We have compiled the accompanying balance sheet of Stratford Bancshares Inc (Parent Company Only) as of December 31 2014 and the related statements of income and comprehensive income changes in stockholders equity and cash flows for the year then ended We have not audited or reviewed the accompanying financial statements and accordingly do not express an opinion or provide any assurance about whether the financial statements are in accordance with accounting principles generally accepted in the United States
Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States and for designing implementing and maintaining internal control relevant to the preparation and fair presentation of the financial statements
Our responsibility is to conduct the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements During our compilation we did become aware of a departure from accounting principles generally accepted in the United States that is described in the following paragraph
As described in Note 1 to the financial statements the Company reports its investment in Stratford State Bank a majority-owned subsidiary on the equity method of accounting Accounting principles generally accepted in the United States require that all majority-owned subsidiaries be accounted for as consolidated subsidiaries If the financial statements of Stratford Bancshares Inc had been consolidated with those of Stratford State Bank total assets and total liabilities would be increased by approximately $88500000 as of December 31 2014 and revenue and expenses would be increased by approximately $3 100000 for the year then ended
WrJyenb LL Wipfli LLP
February 5 2015 Wausau Wisconsin
Stratford Bancshares Inc (Parent Company Only)
Balance Sheet
December 31 2014
Cash and cash equivalents
Investment in Stratford State Bank
Tax benefit receivable
TOT AL ASSETS
Assets
Liabilities and Stockholders Equity
Liabilities
Stockholders equity
Common stock - Par value $1 per share
Authorized - 100000 shares
Issued - 100000 shares
Additional paid-in capital
Retained earnings
Less - Treasury stock at cost - 7 152 shares
Total stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
See Accountants Compilation Report
See accompanying notes to financial statements
$ 78158
13773525
6735
$ 13858418
$
100000
3730116
10427777
(399475)
13858418
$ 13858418
2
Stratford Bancshares Inc (Parent Company Only)
Statement of Income and Comprehensive Income
Year Ended December 31 2014
Dividend income - Stratford State Bank
Interest income
Total income
Administrative expenses
Net income before income tax benefit and equity in undistributed net
income of subsidiary
Income tax benefit
Net income before equity in undistributed net income of subsidiary
Equity in undistributed net income of subsidiary
Net income and comprehensive income
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
279000
2
279002
5518
273484
2179
275663
563702
839365
3
Stratford Bancshares Inc (Parent Company Only)
Statement of Changes in Stockhold ers Equity
Year Ended December 31 2014
Balance at January 1 2014
Net income and
comprehensive income
Sa le of 200 shares of treasury stock
Dividends paid
Balance at December 31 2014
$
$
Common
Stock
100000
100000
See Accountants Compilation Report
$
$
See accompanying notes to financial statements
Additional
Paid-in
Capital
3712642
17474
3730116
$
$
Retained
Earning s
9866956
839365
(278544)
10427777
$
$
Treasury
Stock
(410644)
11 169
$
(399475) $
Total
13268954
839365 28643
(278544)
13858418
4
Stratford Bancshares Inc (Parent Company Only)
Statement of Cash Flows
Year Ended December 31 2014
Increase (decrease) in cash and cash equivalents
Cash flows from operating activities
Dividends from Stratford State Bank
Interest income received
Administrative expenses paid
Net cash provided by operating activities
Cash flows from financing activites Sale of treasury stock Dividends aid
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning
Cash and cash equivalents at end
Reconciliation of net income to net cash provided by
operating activities
Net income
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary
Change in tax benefit receivable
Total adjustments
Net cash provided bv operating activities
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
$
$
279000
2
(5518)
273484
28643 (278544)
(249901)
23583
54575
78158
839365
(563702)
(2179)
(565881)
273484
5
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc
(Parent Company Only) Stratford Wisconsin
Financial Statements
Year Ended December 31 2014
I) YI)
Stratford Bancshares Inc (Parent Company Only)
Financial Statements
Year Ended December31 2014
Table of Contents
Accountants Compilation Report l
Financial Statements
Balance Sheet 2
Statement of Income and Comprehensive lncome 3
Statement of Changes in Stockholders Equity 4
Statement of Cash Flows 5
Notes to Financial Statements 6
bull
WIPFLI
Accountants Compilation Report
Board of Directors Stratford Bancshares Inc Stratford Wisconsin
We have compiled the accompanying balance sheet of Stratford Bancshares Inc (Parent Company Only) as of December 31 2014 and the related statements of income and comprehensive income changes in stockholders equity and cash flows for the year then ended We have not audited or reviewed the accompanying financial statements and accordingly do not express an opinion or provide any assurance about whether the financial statements are in accordance with accounting principles generally accepted in the United States
Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States and for designing implementing and maintaining internal control relevant to the preparation and fair presentation of the financial statements
Our responsibility is to conduct the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements During our compilation we did become aware of a departure from accounting principles generally accepted in the United States that is described in the following paragraph
As described in Note 1 to the financial statements the Company reports its investment in Stratford State Bank a majority-owned subsidiary on the equity method of accounting Accounting principles generally accepted in the United States require that all majority-owned subsidiaries be accounted for as consolidated subsidiaries If the financial statements of Stratford Bancshares Inc had been consolidated with those of Stratford State Bank total assets and total liabilities would be increased by approximately $88500000 as of December 31 2014 and revenue and expenses would be increased by approximately $3 100000 for the year then ended
WrJyenb LL Wipfli LLP
February 5 2015 Wausau Wisconsin
Stratford Bancshares Inc (Parent Company Only)
Balance Sheet
December 31 2014
Cash and cash equivalents
Investment in Stratford State Bank
Tax benefit receivable
TOT AL ASSETS
Assets
Liabilities and Stockholders Equity
Liabilities
Stockholders equity
Common stock - Par value $1 per share
Authorized - 100000 shares
Issued - 100000 shares
Additional paid-in capital
Retained earnings
Less - Treasury stock at cost - 7 152 shares
Total stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
See Accountants Compilation Report
See accompanying notes to financial statements
$ 78158
13773525
6735
$ 13858418
$
100000
3730116
10427777
(399475)
13858418
$ 13858418
2
Stratford Bancshares Inc (Parent Company Only)
Statement of Income and Comprehensive Income
Year Ended December 31 2014
Dividend income - Stratford State Bank
Interest income
Total income
Administrative expenses
Net income before income tax benefit and equity in undistributed net
income of subsidiary
Income tax benefit
Net income before equity in undistributed net income of subsidiary
Equity in undistributed net income of subsidiary
Net income and comprehensive income
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
279000
2
279002
5518
273484
2179
275663
563702
839365
3
Stratford Bancshares Inc (Parent Company Only)
Statement of Changes in Stockhold ers Equity
Year Ended December 31 2014
Balance at January 1 2014
Net income and
comprehensive income
Sa le of 200 shares of treasury stock
Dividends paid
Balance at December 31 2014
$
$
Common
Stock
100000
100000
See Accountants Compilation Report
$
$
See accompanying notes to financial statements
Additional
Paid-in
Capital
3712642
17474
3730116
$
$
Retained
Earning s
9866956
839365
(278544)
10427777
$
$
Treasury
Stock
(410644)
11 169
$
(399475) $
Total
13268954
839365 28643
(278544)
13858418
4
Stratford Bancshares Inc (Parent Company Only)
Statement of Cash Flows
Year Ended December 31 2014
Increase (decrease) in cash and cash equivalents
Cash flows from operating activities
Dividends from Stratford State Bank
Interest income received
Administrative expenses paid
Net cash provided by operating activities
Cash flows from financing activites Sale of treasury stock Dividends aid
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning
Cash and cash equivalents at end
Reconciliation of net income to net cash provided by
operating activities
Net income
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary
Change in tax benefit receivable
Total adjustments
Net cash provided bv operating activities
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
$
$
279000
2
(5518)
273484
28643 (278544)
(249901)
23583
54575
78158
839365
(563702)
(2179)
(565881)
273484
5
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Financial Statements
Year Ended December31 2014
Table of Contents
Accountants Compilation Report l
Financial Statements
Balance Sheet 2
Statement of Income and Comprehensive lncome 3
Statement of Changes in Stockholders Equity 4
Statement of Cash Flows 5
Notes to Financial Statements 6
bull
WIPFLI
Accountants Compilation Report
Board of Directors Stratford Bancshares Inc Stratford Wisconsin
We have compiled the accompanying balance sheet of Stratford Bancshares Inc (Parent Company Only) as of December 31 2014 and the related statements of income and comprehensive income changes in stockholders equity and cash flows for the year then ended We have not audited or reviewed the accompanying financial statements and accordingly do not express an opinion or provide any assurance about whether the financial statements are in accordance with accounting principles generally accepted in the United States
Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States and for designing implementing and maintaining internal control relevant to the preparation and fair presentation of the financial statements
Our responsibility is to conduct the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements During our compilation we did become aware of a departure from accounting principles generally accepted in the United States that is described in the following paragraph
As described in Note 1 to the financial statements the Company reports its investment in Stratford State Bank a majority-owned subsidiary on the equity method of accounting Accounting principles generally accepted in the United States require that all majority-owned subsidiaries be accounted for as consolidated subsidiaries If the financial statements of Stratford Bancshares Inc had been consolidated with those of Stratford State Bank total assets and total liabilities would be increased by approximately $88500000 as of December 31 2014 and revenue and expenses would be increased by approximately $3 100000 for the year then ended
WrJyenb LL Wipfli LLP
February 5 2015 Wausau Wisconsin
Stratford Bancshares Inc (Parent Company Only)
Balance Sheet
December 31 2014
Cash and cash equivalents
Investment in Stratford State Bank
Tax benefit receivable
TOT AL ASSETS
Assets
Liabilities and Stockholders Equity
Liabilities
Stockholders equity
Common stock - Par value $1 per share
Authorized - 100000 shares
Issued - 100000 shares
Additional paid-in capital
Retained earnings
Less - Treasury stock at cost - 7 152 shares
Total stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
See Accountants Compilation Report
See accompanying notes to financial statements
$ 78158
13773525
6735
$ 13858418
$
100000
3730116
10427777
(399475)
13858418
$ 13858418
2
Stratford Bancshares Inc (Parent Company Only)
Statement of Income and Comprehensive Income
Year Ended December 31 2014
Dividend income - Stratford State Bank
Interest income
Total income
Administrative expenses
Net income before income tax benefit and equity in undistributed net
income of subsidiary
Income tax benefit
Net income before equity in undistributed net income of subsidiary
Equity in undistributed net income of subsidiary
Net income and comprehensive income
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
279000
2
279002
5518
273484
2179
275663
563702
839365
3
Stratford Bancshares Inc (Parent Company Only)
Statement of Changes in Stockhold ers Equity
Year Ended December 31 2014
Balance at January 1 2014
Net income and
comprehensive income
Sa le of 200 shares of treasury stock
Dividends paid
Balance at December 31 2014
$
$
Common
Stock
100000
100000
See Accountants Compilation Report
$
$
See accompanying notes to financial statements
Additional
Paid-in
Capital
3712642
17474
3730116
$
$
Retained
Earning s
9866956
839365
(278544)
10427777
$
$
Treasury
Stock
(410644)
11 169
$
(399475) $
Total
13268954
839365 28643
(278544)
13858418
4
Stratford Bancshares Inc (Parent Company Only)
Statement of Cash Flows
Year Ended December 31 2014
Increase (decrease) in cash and cash equivalents
Cash flows from operating activities
Dividends from Stratford State Bank
Interest income received
Administrative expenses paid
Net cash provided by operating activities
Cash flows from financing activites Sale of treasury stock Dividends aid
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning
Cash and cash equivalents at end
Reconciliation of net income to net cash provided by
operating activities
Net income
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary
Change in tax benefit receivable
Total adjustments
Net cash provided bv operating activities
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
$
$
279000
2
(5518)
273484
28643 (278544)
(249901)
23583
54575
78158
839365
(563702)
(2179)
(565881)
273484
5
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
bull
WIPFLI
Accountants Compilation Report
Board of Directors Stratford Bancshares Inc Stratford Wisconsin
We have compiled the accompanying balance sheet of Stratford Bancshares Inc (Parent Company Only) as of December 31 2014 and the related statements of income and comprehensive income changes in stockholders equity and cash flows for the year then ended We have not audited or reviewed the accompanying financial statements and accordingly do not express an opinion or provide any assurance about whether the financial statements are in accordance with accounting principles generally accepted in the United States
Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States and for designing implementing and maintaining internal control relevant to the preparation and fair presentation of the financial statements
Our responsibility is to conduct the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements During our compilation we did become aware of a departure from accounting principles generally accepted in the United States that is described in the following paragraph
As described in Note 1 to the financial statements the Company reports its investment in Stratford State Bank a majority-owned subsidiary on the equity method of accounting Accounting principles generally accepted in the United States require that all majority-owned subsidiaries be accounted for as consolidated subsidiaries If the financial statements of Stratford Bancshares Inc had been consolidated with those of Stratford State Bank total assets and total liabilities would be increased by approximately $88500000 as of December 31 2014 and revenue and expenses would be increased by approximately $3 100000 for the year then ended
WrJyenb LL Wipfli LLP
February 5 2015 Wausau Wisconsin
Stratford Bancshares Inc (Parent Company Only)
Balance Sheet
December 31 2014
Cash and cash equivalents
Investment in Stratford State Bank
Tax benefit receivable
TOT AL ASSETS
Assets
Liabilities and Stockholders Equity
Liabilities
Stockholders equity
Common stock - Par value $1 per share
Authorized - 100000 shares
Issued - 100000 shares
Additional paid-in capital
Retained earnings
Less - Treasury stock at cost - 7 152 shares
Total stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
See Accountants Compilation Report
See accompanying notes to financial statements
$ 78158
13773525
6735
$ 13858418
$
100000
3730116
10427777
(399475)
13858418
$ 13858418
2
Stratford Bancshares Inc (Parent Company Only)
Statement of Income and Comprehensive Income
Year Ended December 31 2014
Dividend income - Stratford State Bank
Interest income
Total income
Administrative expenses
Net income before income tax benefit and equity in undistributed net
income of subsidiary
Income tax benefit
Net income before equity in undistributed net income of subsidiary
Equity in undistributed net income of subsidiary
Net income and comprehensive income
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
279000
2
279002
5518
273484
2179
275663
563702
839365
3
Stratford Bancshares Inc (Parent Company Only)
Statement of Changes in Stockhold ers Equity
Year Ended December 31 2014
Balance at January 1 2014
Net income and
comprehensive income
Sa le of 200 shares of treasury stock
Dividends paid
Balance at December 31 2014
$
$
Common
Stock
100000
100000
See Accountants Compilation Report
$
$
See accompanying notes to financial statements
Additional
Paid-in
Capital
3712642
17474
3730116
$
$
Retained
Earning s
9866956
839365
(278544)
10427777
$
$
Treasury
Stock
(410644)
11 169
$
(399475) $
Total
13268954
839365 28643
(278544)
13858418
4
Stratford Bancshares Inc (Parent Company Only)
Statement of Cash Flows
Year Ended December 31 2014
Increase (decrease) in cash and cash equivalents
Cash flows from operating activities
Dividends from Stratford State Bank
Interest income received
Administrative expenses paid
Net cash provided by operating activities
Cash flows from financing activites Sale of treasury stock Dividends aid
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning
Cash and cash equivalents at end
Reconciliation of net income to net cash provided by
operating activities
Net income
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary
Change in tax benefit receivable
Total adjustments
Net cash provided bv operating activities
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
$
$
279000
2
(5518)
273484
28643 (278544)
(249901)
23583
54575
78158
839365
(563702)
(2179)
(565881)
273484
5
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Balance Sheet
December 31 2014
Cash and cash equivalents
Investment in Stratford State Bank
Tax benefit receivable
TOT AL ASSETS
Assets
Liabilities and Stockholders Equity
Liabilities
Stockholders equity
Common stock - Par value $1 per share
Authorized - 100000 shares
Issued - 100000 shares
Additional paid-in capital
Retained earnings
Less - Treasury stock at cost - 7 152 shares
Total stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
See Accountants Compilation Report
See accompanying notes to financial statements
$ 78158
13773525
6735
$ 13858418
$
100000
3730116
10427777
(399475)
13858418
$ 13858418
2
Stratford Bancshares Inc (Parent Company Only)
Statement of Income and Comprehensive Income
Year Ended December 31 2014
Dividend income - Stratford State Bank
Interest income
Total income
Administrative expenses
Net income before income tax benefit and equity in undistributed net
income of subsidiary
Income tax benefit
Net income before equity in undistributed net income of subsidiary
Equity in undistributed net income of subsidiary
Net income and comprehensive income
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
279000
2
279002
5518
273484
2179
275663
563702
839365
3
Stratford Bancshares Inc (Parent Company Only)
Statement of Changes in Stockhold ers Equity
Year Ended December 31 2014
Balance at January 1 2014
Net income and
comprehensive income
Sa le of 200 shares of treasury stock
Dividends paid
Balance at December 31 2014
$
$
Common
Stock
100000
100000
See Accountants Compilation Report
$
$
See accompanying notes to financial statements
Additional
Paid-in
Capital
3712642
17474
3730116
$
$
Retained
Earning s
9866956
839365
(278544)
10427777
$
$
Treasury
Stock
(410644)
11 169
$
(399475) $
Total
13268954
839365 28643
(278544)
13858418
4
Stratford Bancshares Inc (Parent Company Only)
Statement of Cash Flows
Year Ended December 31 2014
Increase (decrease) in cash and cash equivalents
Cash flows from operating activities
Dividends from Stratford State Bank
Interest income received
Administrative expenses paid
Net cash provided by operating activities
Cash flows from financing activites Sale of treasury stock Dividends aid
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning
Cash and cash equivalents at end
Reconciliation of net income to net cash provided by
operating activities
Net income
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary
Change in tax benefit receivable
Total adjustments
Net cash provided bv operating activities
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
$
$
279000
2
(5518)
273484
28643 (278544)
(249901)
23583
54575
78158
839365
(563702)
(2179)
(565881)
273484
5
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Statement of Income and Comprehensive Income
Year Ended December 31 2014
Dividend income - Stratford State Bank
Interest income
Total income
Administrative expenses
Net income before income tax benefit and equity in undistributed net
income of subsidiary
Income tax benefit
Net income before equity in undistributed net income of subsidiary
Equity in undistributed net income of subsidiary
Net income and comprehensive income
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
279000
2
279002
5518
273484
2179
275663
563702
839365
3
Stratford Bancshares Inc (Parent Company Only)
Statement of Changes in Stockhold ers Equity
Year Ended December 31 2014
Balance at January 1 2014
Net income and
comprehensive income
Sa le of 200 shares of treasury stock
Dividends paid
Balance at December 31 2014
$
$
Common
Stock
100000
100000
See Accountants Compilation Report
$
$
See accompanying notes to financial statements
Additional
Paid-in
Capital
3712642
17474
3730116
$
$
Retained
Earning s
9866956
839365
(278544)
10427777
$
$
Treasury
Stock
(410644)
11 169
$
(399475) $
Total
13268954
839365 28643
(278544)
13858418
4
Stratford Bancshares Inc (Parent Company Only)
Statement of Cash Flows
Year Ended December 31 2014
Increase (decrease) in cash and cash equivalents
Cash flows from operating activities
Dividends from Stratford State Bank
Interest income received
Administrative expenses paid
Net cash provided by operating activities
Cash flows from financing activites Sale of treasury stock Dividends aid
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning
Cash and cash equivalents at end
Reconciliation of net income to net cash provided by
operating activities
Net income
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary
Change in tax benefit receivable
Total adjustments
Net cash provided bv operating activities
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
$
$
279000
2
(5518)
273484
28643 (278544)
(249901)
23583
54575
78158
839365
(563702)
(2179)
(565881)
273484
5
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Statement of Changes in Stockhold ers Equity
Year Ended December 31 2014
Balance at January 1 2014
Net income and
comprehensive income
Sa le of 200 shares of treasury stock
Dividends paid
Balance at December 31 2014
$
$
Common
Stock
100000
100000
See Accountants Compilation Report
$
$
See accompanying notes to financial statements
Additional
Paid-in
Capital
3712642
17474
3730116
$
$
Retained
Earning s
9866956
839365
(278544)
10427777
$
$
Treasury
Stock
(410644)
11 169
$
(399475) $
Total
13268954
839365 28643
(278544)
13858418
4
Stratford Bancshares Inc (Parent Company Only)
Statement of Cash Flows
Year Ended December 31 2014
Increase (decrease) in cash and cash equivalents
Cash flows from operating activities
Dividends from Stratford State Bank
Interest income received
Administrative expenses paid
Net cash provided by operating activities
Cash flows from financing activites Sale of treasury stock Dividends aid
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning
Cash and cash equivalents at end
Reconciliation of net income to net cash provided by
operating activities
Net income
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary
Change in tax benefit receivable
Total adjustments
Net cash provided bv operating activities
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
$
$
279000
2
(5518)
273484
28643 (278544)
(249901)
23583
54575
78158
839365
(563702)
(2179)
(565881)
273484
5
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Statement of Cash Flows
Year Ended December 31 2014
Increase (decrease) in cash and cash equivalents
Cash flows from operating activities
Dividends from Stratford State Bank
Interest income received
Administrative expenses paid
Net cash provided by operating activities
Cash flows from financing activites Sale of treasury stock Dividends aid
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning
Cash and cash equivalents at end
Reconciliation of net income to net cash provided by
operating activities
Net income
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary
Change in tax benefit receivable
Total adjustments
Net cash provided bv operating activities
See Accountants Compilation Report
See accompanying notes to financial statements
$
$
$
$
279000
2
(5518)
273484
28643 (278544)
(249901)
23583
54575
78158
839365
(563702)
(2179)
(565881)
273484
5
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1 Summary of Significant Accounting Policies
Principal Business Activity
The principal business activity of Stratford Bancshares Inc (the Company) is the
ownership of Stratford State Bank (the Bank) The Bank operates as a full-service
financial institution with a primary market area including but not limited to Marathon and
Wood counties
Parent Company Only Presentation
The Company reports its investment in the Bank a wholly owned subsidiary on the
equity method of accounting Accounting principles generally accepted in the United
States (GMP) require that all majority-owned subsidiaries be accounted for as
consolidated subsidiaries
Investment in Unconsolidated Subsidiary
The investment in the Bank common stock is carried at equity value
Use of Estimates in Preparation of Financial Statements
The preparation of financial statements in conformity with GMP requires management to
make certain estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting
period Actual results could differ from those estimates
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand and deposits in correspondent banks
6
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 1
Note 2
Note3
Summary of Significant Accounting Policies (Continued)
Income Taxes
The provision for federal income taxes is allocated by the separate return method
whereby each corporation determines its taxes as if it were filing a tax return on its own
To the extent that the corporation due to any taxable loss it may generate shelters
earnings of the subsidiary the subsidiary will pay to the corporation the related tax
benefit based on current tax rates The tax benefit is calculated using the marginal
federal tax rate
Subsequent Events
Subsequent events have been evaluated through February 5 2015 which is the date the
financial statements were available to be issued
Investment in Stratford State Bank
The investment in the Bank consists of 10000 shares (100) at book value at
December31 2014
Book Value Per Share
Book value of the Company is calculated by dividing stockholders equity by the net
number of shares outstanding
Stockholders equity Net shares outstanding
Book value per share
$ 1 3858418
92848
$ 14926
7
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note 3 Book Value Per Share (Continued)
The book value of the Bank stock is calculated by dividing the Banks stockholders equity
by the number of shares outstanding
Stockholders equity of Bank Number of shares outstanding
Book value per share
$ 13773525
10000
$ 137735
8
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Stratford Bancshares Inc (Parent Company Only)
Notes to Financial Statements
See Accountants Compilation Report
Note4 Summary Financial Data
Summary financial data of the Bank at December 31 2014 is as follows
Cash and cash equivalents
Investments
Federal funds sold
Loans - Net
Assets
Bank premises and equipment
Investment in real estate
Accrued interest and other assets
TOTAL ASSETS
Liabilities and Stockholders Equity
Deposits
Borrowed funds
Other liabilities
Stockholders equity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Income
Expenses and income taxes
NET INCOME
Income
$
$
$
$
$
$
2390562
41203577
624486
52435327
264172
649684
4825247
1 02393055
82952218
3900000
1767312
13773525
1 02393055
3884910
3042208
842702
9
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
I I
Stratford Bancshares Inc
FR Y-6 December 31 2014
1 a NA
b Will forward annual report when available
2 a
b
3 (1)
Stratford Bancshares Inc
Stratford Wisconsin
Incorporated in Wisconsin
------ -------------------- Owns 100 of
Stratford State Bank
Stratford Wisconsin
Incorporated in Wisconsin
outstanding stock
Owns 100 of
Member
Managing
outstanding stock
SSS Investment Corporation
Stratford Wisconsin
SSS Redevelopment LLC
Stratford Wisconsin
Incorporated in Wisconsin Incorporated in Nevada
Submitted via e-mail on February 18 2015
a Ulrich Family Ltd Partnership
Stratford WI
b USA
c 5325 shares 574
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
middotmiddot
bull
bull
Stratford Bancshares Inc
FR Y-6 December 31 2014
a Aloysius R Knoll (including Diane Knoll)
Stratford WI
b USA _ _
c 7562 shares 814
3 (2) None
4 See attached schedules
bull gt
lt
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Steps
Subm[sslon
Dall Action Tvoe Pooular Cltv ZloCode Countv Countrv
Results A list of branches for your depository institution STRATFORD STATE BANK (ID_RSSO 957047)
This depository institution is held by STRATFORD BANCSHARES INC (1138713) of STRATFORD WI
The data are as of 12312014 Data reflects information that was received and processed through Ol07 2015
Reconciliation and Verification 1 ln the Data Action column of each branch row enter one or more of the actions specified below
2 If required enter the date in the Effective Date column
Actions OK If the branch information is correct enter OK in the Data Action column
Change If the branch information is incorrect or incomplete revise the data enter Change in the Data Action column and the date when this information first became valid in the Effective Date column
Close If a branch listed was sold or closed enter Close in the Data Action column and the sale or closure date in the Effective Date column
Oelete If a branch listed was never owned by this depository institution enter Delete in the Data Action column
Add If a reportable branch is missing insert a row add the branch data and enter Add in the Data Action column and the opening or acquisition date in the Effective Date column
If printing this list you may need to adjust your page setup in MS Excel Try using landscape orientation page scaling andor legal sized paper
Procedure When you are finished send a saved copy to your FRB contact See the detailed instructions on this site for more information
If you are e-mal1lng this to your FRB contact put your Institution name city and state in the subject line of the e-mail
Note
To satisfy the FR Y-10 reporting requirements you must also submit FR Y-10 Domestic Branch Schedules for each branch with a Data Action of Change Close Delete or Add
The FR Y-10 report may be submitted In a hardcopyformat or via the FR Y-10 Online appllcatlon -httpsylOonlinefederalreservegov
bullFDIC UNINUM Office Number and ID_RSSD columns are for reference only Verification of these values is not required
Effectiv e Dall Branch Service Branch ID RSSD Name Street Address State FDIC UNINUM
OK Full Service (Head Office) 957047 STRATFORD STATE BANK 307 NORTH WEBER AVENUE STRATFORD WI 54484 MARATHON UNITED STATES 9539
Office Numberbull Head Office Head Office ID RSsobull Comments
0 STRATFORD STATE BANK 957047
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
IJdlS
R eoo
Percentage
(3)
1rec ors andOff1cersrt Item 4 omiddot t
(1) Name Glenn Linzmeier
Address Marshfield WI USA
(2) Principal occupation if other than with holding
company Retired
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
Director
Director - Stratford State Bank
Director - SSB Redevelopment LLC
None
Shares
1000 108
None
None
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
ltpoundJUJ -_middotmiddotmiddot
R eoo
Percentage
rt It 4 D tem 1rec ors and Off 1cers
(1) Name
Address
(2) Principal occupation if other than with holding
company
(3) Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
William j Dahlke
Stratford WI USA
Owner
Bills Service Center LLC
Director
Director - Stratford State Bank
None
Shares
630 68
None
None
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
Report
Percentage
Item 4middot Directors and Officers
(1) Name
Address
Daniel Drexler
Stratford WI USA
(2) Principal occupation if other than with holding
company Owner - Stratford Sign LLC
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Redevelopment LLC
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
287 31
(b) Direct amp indirect sub of holding company None
(c) Any other business Owner - Stratford Sign LLC - 1 00
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
R eoort
Percentage
D tern 4 1rectors an d Off 1cers
(1) Name Aloysius R Knoll
Address Stratford WI USA
(2) Principal occupation if other than with holding Retired
company
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company
Director - Stratford State Bank
Director - SSB Investment Corporation
(c) Any other business the person is a director
or executive officer
President - Stratford Area Economic Development
Foundation Inc
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
Shares
7562 814 (includes shares in wifes name)
None
(c) Any other business None
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
R epo
Percentage
(3)
1rec ors an dOff 1cersrt It em 4 omiddot t
(1) Name
Address
(2) Principal occupation if other than with holding
company
Title or position with
Gregory Leick
Stratford WI USA
Accountant - Farm Business Service
Director(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in Shares
51 8 56(a) Holding company
None(b) Direct amp indirect sub of holding company
(c) Any other business None
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
R eoo
Percentage
(4)
rt It em 4 D1rec ors an t d Off 1cers
(1) Name Thomas Griffith
Address Stratford WI USA
(2) Principal occupation if other than with holding
company General Manager
(3) Title or position with
(a) Bank holding company Director
(b) All direct amp indirect subsidiaries of holding
company Director - Stratford State Bank
(c) Any other business the person is a director
or executive officer
President - Ulrich Bus Inc
Vice President amp Secretary - Ulrich Feeds Inc
Vice President amp Secretary - Stratford General Corp
Vice President amp Secretary - General Shoe Supplies
LTD
Shares owned controlled or held with power to
vote in Shares
(a) Holding company 50 005
(b) Direct amp indirect sub of holding company None
(c) Any other business None
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
R epo d Off
Percentage
bullmiddot _
(1)
(2)
(3)
(4)
rt I tern
Name
4 omiddot tirec ors an
Address
ice rs
Principal occupation if other than with holding
company
Title or position with
(a) Bank holding company
(b) All direct amp indirect subsidiaries of holding
company
(c) Any other business the person is a director
or executive officer
Shares owned controlled or held with power to
vote in
(a) Holding company
(b) Direct amp indirect sub of holding company
(c) Any other business
jeffrey J Lappe
Stratford WI USA
Banker
President Treasurer and Director
President and Director - Stratford State Bank
President Secretary-TreasurerDirector - SSB
Redevelopment LLC
Director - SSB Investment Corporation
None
Shares
285 31
None
None
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-
middotmiddot
R eoo
Percentage
(3)
Jmiddot
rt Item 4 tomiddot1rec ors and Off 1cers
(1) Name Sara Wenzel
Address Stratford WI USA
(2) Principal occupation if other than with holding
company Banker
Title or position with
(a) Bank holding company Vice President and Secretary
(b) All direct amp indirect subsidiaries of holding
company Assistant Vice President - Stratford State Bank
(c) Any other business the person is a director
or executive officer None
(4) Shares owned controlled or held with power to
vote in
(a) Holding company
Shares
10 01
(b) Direct amp indirect sub of holding company None
(c) Any other business None
- FR Y-6 Cover Page
- Report Item 1 Annual Report to Shareholders
- Report Items 2a Organization Chart 3 Securities Holders
- Report Item 2b Domestic Branch Listing
- Report Item 4 Insiders
-