FDIC Certificate #: 58593 Status: Active Federal Reserve ID: 3595682 Bank Holding Company (Regulatory Top Holder): First American Investment, Inc. (RSSDID: 3595440, Location: Hudson, WI) Date Established: June 22, 2007 WWW:http://www.fa-bank.net Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 457573 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: June 22, 2007 Last Structure Change Effective Date: June 22, 2007 Last Structure Change Process Date: August 01, 2007 Last Data Update: August 01, 2007 Data Source Date: April 05, 2012
Location
Address: 2424 Monetary Blvd., Hudson, WI 54016 County: St. Croix Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Eau Claire Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $80.4 mil Equity capital: $9.4 mil Deposits held in domestic offices: $68.2 mil Return on assets (ROA): 0.40% ($0.3 mil) Quarterly return on assets: 0.79% ($0.6 mil) Return on Equity (ROE): 3.94% ($0.4 mil) Quarterly return on equity: 6.65% ($0.6 mil) Net income: $0.3 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.40% ($321.6 mil) Quarterly Pretax return on assets: 0.79% ($635.2 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$80,408Total assets
$3,204Cash and due from depository institutions
$2,954Interest-bearing balances
$10,564Securities
$0Federal funds sold & reverse repurchase agreements
$62,550Net loans & leases
$793Loan loss allowance
$0Trading account assets
$1,752Bank premises and fixed assets
$1,267Other real estate owned
$0Goodwill and other intangibles
$80,408Life insurance assets
$1,071All other assets
$70,984Total liabilities and capital
$68,156Total liabilities
$59,132Total deposits
$68,156Interest-bearing deposits
$88Deposits held in domestic offices
2368.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$460Subordinated debt
$9,424All other liabilities
$9,424Total equity capital
$9,424Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$12,874Surplus
$-4,450Undivided profits
Memoranda
$0Noncurrent loans and leases
$615Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$983Income earned, not collected on loans
$0Earning assets
$218Long-term assets (5+ years)
$76,068Average Assets, year-to-date
$15,431Average Assets, quarterly
$77,627Volatile liabilities
$79,330Insider loans
$60,716FHLB advances
$79,499Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,441Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,892Restructured Loans and leases
$868Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,892Total interest income
$967Total interest expense
$2,925Net interest income
$171Provision for loan and lease losses
$362Total noninterest income
$0Fiduciary activities
$28Service charges on deposit accounts
$0Trading account gains & fees
$334Additional noninterest income
$2,838Total noninterest expense
$1,821Salaries and employee benefits
$379Premises and equipment expense
$638Additional noninterest expense
$278Pre-tax net operating income
$36Securities gains (losses)
$0Applicable income taxes
$314Income before extraordinary items
$0Extraordinary gains - net
$314Net income attributable to bank
$0Net charge-offs
$314Cash dividends
$216Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.30%Yield on earning assets
1.32%Cost of funding earning assets
3.98%Net interest margin
0.49%Noninterest income to earning assets
3.86%Noninterest expense to earning assets
0.36%Net operating income to assets
0.40%Return on assets (ROA)
0.40%Pretax return on assets
3.94%Return on equity (ROE)
3.94%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
79.17%Credit loss provision to net charge-offs
2.08%Efficiency ratio
86,340Assets per employee
3.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
80.67%Noncurrent assets plus other real estate owned to assets
2.80%Noncurrent loans to loans
1.55%Net loans and leases to deposits
91.77%Net loans and leases to core deposits
107.67%Equity capital to assets
11.72%Core capital (leverage) ratio
11.88%Tier 1 risk-based capital ratio
15.55%Total risk-based capital ratio
Memoranda
$17Average assets
$77,627Average earning assets
$7,963Average equity
$73,497Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
457573
First American Bank, N.A.
2424 Monetary Blvd., Hudson, WI 54016
June 22, 2007
Full Service Brick and Mortar
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