FDIC Certificate #: 14062 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citizens First Bank (#13032) Federal Reserve ID: 132442 Date Established: March 10, 1934 WWW:http://www.fnbankviroqua.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 8788 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: March 14, 1934 Last Structure Change Effective Date: June 10, 2005 Last Structure Change Process Date: June 24, 2005 Last Data Update: June 24, 2005 Data Source Date: April 05, 2012
Location
Address: 101 South Main Street, Viroqua, WI 54665 County: Vernon Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Madison Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $81.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
40Total employees (full-time equivalent)
$84,449Total assets
$4,477Cash and due from depository institutions
$1,318Interest-bearing balances
$12,386Securities
$1,139Federal funds sold & reverse repurchase agreements
$62,310Net loans & leases
$1,014Loan loss allowance
$0Trading account assets
$1,810Bank premises and fixed assets
$0Other real estate owned
$1,622Goodwill and other intangibles
$0Life insurance assets
$705All other assets
$84,449Total liabilities and capital
$75,023Total liabilities
$74,640Total deposits
$66,616Interest-bearing deposits
$74,640Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$383All other liabilities
$9,426Total equity capital
$9,426Total bank equity capital
$9,426Perpetual preferred stock
$0Common stock
$300Surplus
$300Undivided profits
Memoranda
$8,826Noncurrent loans and leases
$4,307Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,114Earning assets
$0Long-term assets (5+ years)
$416Average Assets, year-to-date
$77,153Average Assets, quarterly
$6,461Volatile liabilities
$85,864Insider loans
$84,629FHLB advances
$5,459Loans and leases held for sale
$307Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,307Total unused commitments
$0Restructured Loans and leases
$784Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$4,832Total interest income
$1,358Total interest expense
$3,474Net interest income
$140Provision for loan and lease losses
$551Total noninterest income
$0Fiduciary activities
$234Service charges on deposit accounts
$0Trading account gains & fees
$317Additional noninterest income
$2,763Total noninterest expense
$1,650Salaries and employee benefits
$294Premises and equipment expense
$819Additional noninterest expense
$1,122Pre-tax net operating income
$0Securities gains (losses)
$22Applicable income taxes
$1,100Income before extraordinary items
$0Extraordinary gains - net
$1,100Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$117Sale, conversion, retirement of capital stock, net
$700Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
1.72%Cost of funding earning assets
4.40%Net interest margin
0.70%Noninterest income to earning assets
3.50%Noninterest expense to earning assets
1.28%Net operating income to assets
1.28%Return on assets (ROA)
1.31%Pretax return on assets
11.82%Return on equity (ROE)
4.30%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
119.66%Credit loss provision to net charge-offs
10.79%Efficiency ratio
68,646Assets per employee
2.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.64%Loss allowance to loans
1.60%Loss allowance to noncurrent loans
91.02%Noncurrent assets plus other real estate owned to assets
1.32%Noncurrent loans to loans
1.76%Net loans and leases to deposits
83.48%Net loans and leases to core deposits
90.07%Equity capital to assets
11.16%Core capital (leverage) ratio
9.21%Tier 1 risk-based capital ratio
12.31%Total risk-based capital ratio
Memoranda
$14Average assets
$85,864Average earning assets
$9,309Average equity
$78,957Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First National Bank in Viroqua.
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.
Comment about this bank, ask questions, or add new information about it: