First American Bank, N.A. in Hudson, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


First American Bank, N.A. - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    0457573First American Bank, N.A.2424 Monetary Blvd., Hudson, WI 54016June 22, 2007Full Service Brick and Mortar

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First American Bank, N.A..
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents