Loading...
Docoh

County Bancorp (ICBK)

County Bancorp, Inc., a Wisconsin corporation and registered bank holding company founded in May 1996, and its wholly-owned subsidiary Investors Community Bank, a Wisconsin-chartered bank, are headquartered in Manitowoc, Wisconsin. The state of Wisconsin is often referred to as 'America's Dairyland,' and one of the niches it has developed is providing financial services to agricultural businesses statewide, with a primary focus on dairy-related lending. The Company also serves business and retail customers throughout Wisconsin, with a focus on northeastern and central Wisconsin. Its customers are served from its full-service locations in Manitowoc, Appleton, Green Bay, and Stevens Point and its loan production offices in Darlington, Eau Claire, Fond du Lac, and Sheboygan.

ICBK stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

5 Nov 21
26 Sep 22
31 Dec 22
Quarter (USD) Sep 21 Jun 21 Mar 21 Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
3 Dec 21 Schneider Timothy J. COMMON STOCK Sale back to company Dispose D No No 0 107,330 0 0
3 Dec 21 Schneider Timothy J. EMPLOYEE STOCK OPTION COMMON STOCK Sale back to company Dispose D No No 17.14 1,822 31.23K 0
3 Dec 21 Schneider Timothy J. EMPLOYEE STOCK OPTION COMMON STOCK Sale back to company Dispose D No No 15.73 16,110 253.41K 0
3 Dec 21 William C. Censky COMMON STOCK Sale back to company Dispose D Yes No 0 3,100 0 0
3 Dec 21 William C. Censky COMMON STOCK Sale back to company Dispose D Yes No 0 104,670 0 0
3 Dec 21 William C. Censky COMMON STOCK Sale back to company Dispose D No No 0 233,802 0 0
3 Dec 21 Davis LYNN Dale COMMON STOCK Sale back to company Dispose D No No 0 19,106 0 0
3 Dec 21 Jacob Eisen COMMON STOCK Sale back to company Dispose D No No 0 9,408 0 0
3 Dec 21 Matzke Robert Earl COMMON STOCK Sale back to company Dispose D No No 0 29,888 0 0
13F holders Current Prev Q Change
Total holders 0 45 EXIT
Opened positions 0 4 EXIT
Closed positions 45 7 +542.9%
Increased positions 0 13 EXIT
Reduced positions 0 20 EXIT
13F shares Current Prev Q Change
Total value 0 54.95M EXIT
Total shares 0 1.42M EXIT
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Largest transactions Shares Bought/sold Change
Manufacturers Life Insurance Company, The 0 -259.92K EXIT
Vanguard 0 -198.41K EXIT
Tudor Investment Corp Et Al 0 -129.36K EXIT
BMO Bank of Montreal 0 -77.78K EXIT
Millennium Management 0 -72.82K EXIT
Bridgeway Capital Management 0 -71.04K EXIT
Context BH Capital Management 0 -57.98K EXIT
Dimensional Fund Advisors 0 -57.44K EXIT
Highland Capital Management Fund Advisors 0 -48.55K EXIT
Geode Capital Management 0 -43.48K EXIT

Financial report summary

?
Risks
  • The Merger consideration is fixed despite any changes in Nicolet’s or the Company’s stock prices and, because the market price of Nicolet common stock may fluctuate, Company shareholders cannot be certain of the market value of the Merger consideration they will receive.
  • The Company’s shareholders may receive a form of consideration different from what they elect.
  • The global coronavirus outbreak may delay or adversely affect the completion of the Merger and could harm the business and results of operations for each of Nicolet and the Company and the combined company following the completion of the Merger.
  • Company shareholders will have limited ability to exercise influence over management of the combined organization.
Management Discussion
  • Our operating revenue is comprised of interest income and non-interest income.  Net interest income increased by 24.1% to $10.7 million for the three months ended September 30, 2021 compared to the three months ended September 30, 2020, primarily attributable to a 65 basis point decrease in rates paid on interest bearing deposits that contributed to the decrease in interest expense of $1.5 million.  The decrease in cost of funds was coupled with a 23 basis point increase in total loan yield due to the fee income recognized at the time of PPP loan forgiveness.  For the nine months ended September 30, 2021, net interest income was $32.4 million, an increase of $6.2 million, or 23.6%, from the nine months ended September 30, 2020.  

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: chain, charitable, crop, mailed, regular, supply
Removed: authorized, discretion, executive, extension, impose, negotiated, notice, package, participating, privately, restriction, Rule, supplemental, suspended, trillion, unemployment