First Bank (National Association) in Milwaukee, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1997

  • First Bank (National Association) in Milwaukee, Wisconsin (WI)
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First Bank (National Association) - Overview

  • General
  • FDIC Certificate #: 5350
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank National Association (#5199)
    Federal Reserve ID: 222857
    Date Established: January 01, 1882
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 3610
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 1997
    Last Structure Change Process Date: June 16, 1997
    Last Data Update: June 16, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 West Wisconsin Avenue, Milwaukee, WI 53259
    County: Milwaukee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Milwaukee
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Milwaukee-Waukesha, WI (#5080)
    Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
    Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
    Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340)
    CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
  • Financial Summary
  • Total assets: $1,172.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $220Total assets
  • $1,156,498Cash and due from depository institutions
  • $71,050Interest-bearing balances
  • $0Securities
  • $37,209Federal funds sold & reverse repurchase agreements
  • $5,000Net loans & leases
  • $1,007,777Loan loss allowance
  • $19,879Trading account assets
  • $0Bank premises and fixed assets
  • $4,809Other real estate owned
  • $0Goodwill and other intangibles
  • $29,876Life insurance assets
  • $777All other assets
  • $0Total liabilities and capital
  • $1,156,498Total liabilities
  • $1,061,754Total deposits
  • $603,522Interest-bearing deposits
  • $453,364Deposits held in domestic offices
  • 603522.00%% insured (estimated)
  • $42Federal funds purchased & repurchase agreements
  • $195,192Trading liabilities
  • $0Other borrowed funds
  • $203,831Subordinated debt
  • $38,000All other liabilities
  • $21,209Total equity capital
  • $21,209Total bank equity capital
  • $94,744Perpetual preferred stock
  • $0Common stock
  • $7,500Surplus
  • $35,726Undivided profits
  • Memoranda
  • $51,518Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,280Income earned, not collected on loans
  • $8,525Earning assets
  • $1,049,986Long-term assets (5+ years)
  • $30,283Average Assets, year-to-date
  • $1,121,367Average Assets, quarterly
  • $1,153,747Volatile liabilities
  • $638,284Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $681,633Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $94,559Total risk weighted assets
  • $1,224,927Total unused commitments
  • $0Restructured Loans and leases
  • $200,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $88,214Total interest expense
  • $43,797Net interest income
  • $44,417Provision for loan and lease losses
  • $0Total noninterest income
  • $15,119Fiduciary activities
  • $6,499Service charges on deposit accounts
  • $2,885Trading account gains & fees
  • $0Additional noninterest income
  • $5,735Total noninterest expense
  • $33,413Salaries and employee benefits
  • $12,489Premises and equipment expense
  • $3,987Additional noninterest expense
  • $16,937Pre-tax net operating income
  • $26,123Securities gains (losses)
  • $0Applicable income taxes
  • $10,367Income before extraordinary items
  • $15,756Extraordinary gains - net
  • $0Net income attributable to bank
  • $15,756Net charge-offs
  • $403Cash dividends
  • $8,003Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.69%Cost of funding earning assets
  • 4.31%Net interest margin
  • 4.38%Noninterest income to earning assets
  • 1.49%Noninterest expense to earning assets
  • 3.29%Net operating income to assets
  • 1.41%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 2.33%Return on equity (ROE)
  • 17.53%Retained earnings to average equity (YTD only)
  • 8.63%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 55,566Assets per employee
  • 5.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.79%Loss allowance to loans
  • 1.93%Loss allowance to noncurrent loans
  • 376.50%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 166.98%Net loans and leases to core deposits
  • 279.51%Equity capital to assets
  • 8.19%Core capital (leverage) ratio
  • 8.42%Tier 1 risk-based capital ratio
  • 7.72%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,121,367Average earning assets
  • $89,858Average equity
  • $1,015,070Average loans

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