First Citizens State Bank in city_name, state_name - Detailed Financial Reports, Location

First Citizens State Bank in Whitewater, Wisconsin (WI)
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First Citizens State Bank routing number info

First Citizens State Bank - Overview

General
FDIC Certificate #: 11228
Status: Active
Federal Reserve ID: 831642
Bank Holding Company (Regulatory Top Holder): Whitewater Bancorp., Inc. (RSSDID: 1203536, Location: Whitewater, WI)
Date Established: October 25, 1863
WWW: http://www.firstcitizenscom
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 12845
FDIC's unique #: 7164
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: January 01, 1934
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: 207 West Main Street, Whitewater, WI 53190
County: Walworth
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
Core Based Statistical Area (CBSA): Whitewater, WI (#48580)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $247.5 mil
Equity capital: $37.1 mil
Deposits held in domestic offices: $200.2 mil
Return on assets (ROA): 1.26% ($3.1 mil)
Quarterly return on assets: 1.70% ($4.2 mil)
Return on Equity (ROE): 8.16% ($3.0 mil)
Quarterly return on equity: 11.06% ($4.1 mil)
Net income: $2.9 mil
Quarterly Net income: $1.0 mil
Pretax return on assets: 1.85% ($4,578.6 mil)
Quarterly Pretax return on assets: 2.18% ($5,395.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
69Total employees (full-time equivalent)
$247,492Total assets
$12,875Cash and due from depository institutions
$7,277Interest-bearing balances
$53,470Securities
$12,432Federal funds sold & reverse repurchase agreements
$150,752Net loans & leases
$1,983Loan loss allowance
$0Trading account assets
$3,484Bank premises and fixed assets
$0Other real estate owned
$12Goodwill and other intangibles
$247,492Life insurance assets
$14,467All other assets
$210,417Total liabilities and capital
$200,249Total liabilities
$171,095Total deposits
$200,249Interest-bearing deposits
$83Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,996Trading liabilities
$0Other borrowed funds
$5,172Subordinated debt
$37,075All other liabilities
$37,075Total equity capital
$37,075Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$4,200Surplus
$32,675Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$15Income earned, not collected on loans
$0Earning assets
$785Long-term assets (5+ years)
$223,931Average Assets, year-to-date
$6,958Average Assets, quarterly
$231,955Volatile liabilities
$238,649Insider loans
$165,454FHLB advances
$235,362Loans and leases held for sale
$8,637Unused loan commitments
$8,637Tier 1 (core) risk-based capital
$37,053Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$19,521Restructured Loans and leases
$3,435Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$10,755Total interest income
$1,904Total interest expense
$8,851Net interest income
$762Provision for loan and lease losses
$2,433Total noninterest income
$64Fiduciary activities
$384Service charges on deposit accounts
$0Trading account gains & fees
$1,985Additional noninterest income
$6,240Total noninterest expense
$3,552Salaries and employee benefits
$716Premises and equipment expense
$1,972Additional noninterest expense
$4,282Pre-tax net operating income
$0Securities gains (losses)
$1,360Applicable income taxes
$2,922Income before extraordinary items
$0Extraordinary gains - net
$2,922Net income attributable to bank
$0Net charge-offs
$2,922Cash dividends
$778Sale, conversion, retirement of capital stock, net
$500Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.10%Yield on earning assets
0.90%Cost of funding earning assets
4.20%Net interest margin
1.15%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
1.26%Net operating income to assets
1.26%Return on assets (ROA)
1.85%Pretax return on assets
8.16%Return on equity (ROE)
6.77%Retained earnings to average equity (YTD only)
0.50%Net charge-offs to loans
97.94%Credit loss provision to net charge-offs
6.48%Efficiency ratio
55,229Assets per employee
3.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.11%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
13220.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
75.28%Net loans and leases to core deposits
82.50%Equity capital to assets
14.98%Core capital (leverage) ratio
15.74%Tier 1 risk-based capital ratio
22.39%Total risk-based capital ratio
Memoranda
$24Average assets
$231,955Average earning assets
$35,791Average equity
$210,873Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$27,893Managed Assets
1Number of Accounts
$25,242Personal trust and agency accounts
$22,650Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$736Corporate trust and agency accounts
$0Investment management agency accounts
$178Other fiduciary accounts
$1,678Fiduciary accounts held in foreign offices
$0Non-managed Assets
70Number of Accounts
$0Personal trust and agency accounts
$736Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$2,651Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$2,582Fiduciary accounts held in foreign offices

List of branches

8 Wisconsin Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7164	First Citizens State Bank	207 West Main Street, Whitewater, WI 53190	October 25, 1863	Full Service Brick and Mortar
1	224162	Whitewater Lake Branch	County Trunk P & Kettle Moraine Dr., Whitewater, WI 53190	June 13, 1977	Full Service Brick and Mortar
2	270094	1058 W Main St Branch	1058 W Main St, Whitewater, WI 53190	January 01, 1927	Full Service Brick and Mortar
3	334445	Fairhaven Retirement Community Branc	435 West Starin Road, Whitewater, WI 53190	March 17, 2000	Limited Service Mobile
4	334446	Mulberry Glen Retirement Community B	1281 West Main Street, Whitewater, WI 53190	March 15, 2000	Limited Service Mobile
5	359371	East Troy Branch	2546 East Main Street, East Troy, WI 53120	January 29, 2001	Full Service Brick and Mortar
6	430048	East Troy Senior Housing Facility	3223 North Street, East Troy, WI 53120	July 20, 2004
7	464380	Messenger Service At Whitewater	207 West Main Street, Whitewater, WI 53190	May 30, 2007	Limited Service Messenger

First Citizens State Bank in Whitewater, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Citizens State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Citizens State Bank in Whitewater, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

First Citizens State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Citizens State Bank in Whitewater, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches