EX-21 7 ex21.htm LIST OF SUBSIDIARIES DENMARK BANCSHARES, INC

DENMARK BANCSHARES, INC.

EXHIBIT (21.1)

List of Subsidiaries

 

 

Name

Jurisdiction of

Incorporation

1. Denmark State Bank

Wisconsin

2. Denmark Agricultural Credit Corporation

Wisconsin

2. DBI Properties, Inc.

Wisconsin

3. Denmark Investments, Inc.

Nevada

 

All subsidiaries listed are 100% directly owned by Denmark Bancshares, Inc. except that

Denmark Investments, Inc. is 100% owned by Denmark State Bank.