FDIC Certificate #: 35445 Status: Active Federal Reserve ID: 2882125 Bank Holding Company (Regulatory Top Holder): First Business Financial Services, Inc. (RSSDID: 1247428, Location: Madison, WI) Date Established: June 08, 2000 WWW:http://www.firstbusiness.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 80044 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: June 08, 2000 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 18500 West Corporate Drive, Brookfield, WI 53045 County: Waukesha Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $176.6 mil Equity capital: $14.2 mil Deposits held in domestic offices: $161.4 mil Return on assets (ROA): 0.36% ($0.6 mil) Quarterly return on assets: -0.10% (-$0.2 mil) Return on Equity (ROE): 3.99% ($0.6 mil) Quarterly return on equity: -1.24% (-$0.2 mil) Net income: $0.6 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.46% ($812.1 mil) Quarterly Pretax return on assets: -0.29% (-$512.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
13Total employees (full-time equivalent)
$176,553Total assets
$56,392Cash and due from depository institutions
$54,033Interest-bearing balances
$19,612Securities
$0Federal funds sold & reverse repurchase agreements
$92,850Net loans & leases
$1,698Loan loss allowance
$0Trading account assets
$158Bank premises and fixed assets
$1,701Other real estate owned
$0Goodwill and other intangibles
$176,553Life insurance assets
$5,840All other assets
$162,375Total liabilities and capital
$161,437Total liabilities
$148,393Total deposits
$161,437Interest-bearing deposits
$66Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$938Subordinated debt
$14,178All other liabilities
$14,178Total equity capital
$14,178Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$14,137Surplus
$-1,959Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,414Income earned, not collected on loans
$0Earning assets
$382Long-term assets (5+ years)
$166,495Average Assets, year-to-date
$22,219Average Assets, quarterly
$153,715Volatile liabilities
$169,161Insider loans
$93,549FHLB advances
$174,818Loans and leases held for sale
$2,890Unused loan commitments
$2,890Tier 1 (core) risk-based capital
$13,898Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$18,254Restructured Loans and leases
$1,015Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,607Total interest income
$1,873Total interest expense
$4,734Net interest income
$684Provision for loan and lease losses
$883Total noninterest income
$0Fiduciary activities
$180Service charges on deposit accounts
$0Trading account gains & fees
$703Additional noninterest income
$4,225Total noninterest expense
$1,490Salaries and employee benefits
$208Premises and equipment expense
$2,527Additional noninterest expense
$708Pre-tax net operating income
$0Securities gains (losses)
$157Applicable income taxes
$551Income before extraordinary items
$0Extraordinary gains - net
$551Net income attributable to bank
$0Net charge-offs
$551Cash dividends
$1,385Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.58%Yield on earning assets
1.30%Cost of funding earning assets
3.28%Net interest margin
0.61%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
0.36%Net operating income to assets
0.36%Return on assets (ROA)
0.46%Pretax return on assets
3.99%Return on equity (ROE)
3.99%Retained earnings to average equity (YTD only)
1.40%Net charge-offs to loans
49.39%Credit loss provision to net charge-offs
1.01%Efficiency ratio
74,862Assets per employee
13.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.80%Loss allowance to noncurrent loans
49.74%Noncurrent assets plus other real estate owned to assets
2.90%Noncurrent loans to loans
3.61%Net loans and leases to deposits
57.51%Net loans and leases to core deposits
83.15%Equity capital to assets
8.03%Core capital (leverage) ratio
7.95%Tier 1 risk-based capital ratio
14.86%Total risk-based capital ratio
Memoranda
$16Average assets
$153,715Average earning assets
$13,815Average equity
$144,341Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
80044
First Business Bank-Milwaukee
18500 West Corporate Drive, Brookfield, WI 53045
June 08, 2000
Full Service Brick and Mortar
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