FDIC Certificate #: 58091 Status: Active Federal Reserve ID: 3382967 Bank Holding Company (Regulatory Top Holder): Integrity First Bancorporation, Inc. (RSSDID: 3382976, Location: Wausau, WI) Date Established: December 12, 2005 WWW:http://www.integrityfirstbank.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 #: 439457 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: December 12, 2005 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: 101 Grand Avenue, Wausau, WI 54403 County: Marathon Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Appleton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Wausau, WI (#8940) Combined Statistical Area (CSA): Wausau-Merrill, WI (#554) Core Based Statistical Area (CBSA): Wausau, WI (#48140) CBSA Metro Statistical Area: Wausau, WI (#48140)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $99.1 mil Equity capital: $5.7 mil Deposits held in domestic offices: $83.8 mil Return on assets (ROA): -1.65% (-$1.6 mil) Quarterly return on assets: -2.16% (-$2.1 mil) Return on Equity (ROE): -26.13% (-$1.6 mil) Quarterly return on equity: -36.09% (-$2.2 mil) Net income: -$1.7 mil Quarterly Net income: -$0.5 mil Pretax return on assets: -1.69% (-$1,675.0 mil) Quarterly Pretax return on assets: -1.88% (-$1,863.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
22Total employees (full-time equivalent)
$99,114Total assets
$10,311Cash and due from depository institutions
$6,054Interest-bearing balances
$11,619Securities
$3,827Federal funds sold & reverse repurchase agreements
$64,906Net loans & leases
$2,760Loan loss allowance
$0Trading account assets
$2,941Bank premises and fixed assets
$1,193Other real estate owned
$0Goodwill and other intangibles
$99,114Life insurance assets
$4,317All other assets
$93,371Total liabilities and capital
$83,767Total liabilities
$75,991Total deposits
$83,767Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$9,364Trading liabilities
$0Other borrowed funds
$240Subordinated debt
$5,743All other liabilities
$5,743Total equity capital
$5,743Total bank equity capital
$0Perpetual preferred stock
$2,500Common stock
$12,328Surplus
$-9,085Undivided profits
Memoranda
$0Noncurrent loans and leases
$891Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$911Income earned, not collected on loans
$0Earning assets
$504Long-term assets (5+ years)
$86,406Average Assets, year-to-date
$6,581Average Assets, quarterly
$103,208Volatile liabilities
$101,271Insider loans
$71,651FHLB advances
$102,257Loans and leases held for sale
$2,795Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,436Tier 2 risk-based capital
$2,795Total risk weighted assets
$0Total unused commitments
$7,122Restructured Loans and leases
$827Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,100Total interest income
$2,195Total interest expense
$2,905Net interest income
$2,023Provision for loan and lease losses
$476Total noninterest income
$0Fiduciary activities
$89Service charges on deposit accounts
$0Trading account gains & fees
$387Additional noninterest income
$3,374Total noninterest expense
$1,527Salaries and employee benefits
$365Premises and equipment expense
$1,482Additional noninterest expense
-$2,016Pre-tax net operating income
$267Securities gains (losses)
-$45Applicable income taxes
-$1,704Income before extraordinary items
$0Extraordinary gains - net
-$1,704Net income attributable to bank
$0Net charge-offs
-$1,704Cash dividends
$1,940Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.49%Yield on earning assets
2.36%Cost of funding earning assets
3.13%Net interest margin
0.51%Noninterest income to earning assets
3.63%Noninterest expense to earning assets
-1.90%Net operating income to assets
-1.65%Return on assets (ROA)
-1.69%Pretax return on assets
-26.13%Return on equity (ROE)
-26.13%Retained earnings to average equity (YTD only)
2.66%Net charge-offs to loans
104.28%Credit loss provision to net charge-offs
0.00%Efficiency ratio
99,793Assets per employee
4.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.08%Loss allowance to noncurrent loans
302.96%Noncurrent assets plus other real estate owned to assets
2.12%Noncurrent loans to loans
1.35%Net loans and leases to deposits
77.48%Net loans and leases to core deposits
94.44%Equity capital to assets
5.79%Core capital (leverage) ratio
5.32%Tier 1 risk-based capital ratio
7.59%Total risk-based capital ratio
Memoranda
$9Average assets
$103,208Average earning assets
$6,521Average equity
$92,881Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
439457
Integrity First Bank
101 Grand Avenue, Wausau, WI 54403
December 12, 2005
Full Service Brick and Mortar
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