First National Community Bank in New Richmond, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Community Bank - Overview

  • General
  • FDIC Certificate #: 5357
    Status: Active
    Federal Reserve ID: 23755
    Bank Holding Company (Regulatory Top Holder): One Corporation (RSSDID: 1124118, Location: New Richmond, WI)
    Date Established: January 01, 1919
    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: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 13440
    FDIC's unique #: 3615
    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: January 01, 1934
    Last Structure Change Effective Date: March 15, 2007
    Last Structure Change Process Date: October 10, 2008
    Last Data Update: October 10, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 E 2nd St, New Richmond, WI 54017
    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 Location
    Name Change
  • Financial Summary
  • Total assets: $161.2 mil
    Equity capital: $15.3 mil
    Deposits held in domestic offices: $142.9 mil
    Return on assets (ROA): 0.69% ($1.1 mil)
    Quarterly return on assets: 0.97% ($1.6 mil)
    Return on Equity (ROE): 7.29% ($1.1 mil)
    Quarterly return on equity: 10.22% ($1.5 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.69% ($1,112.1 mil)
    Quarterly Pretax return on assets: 0.97% ($1,563.4 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
  • 52Total employees (full-time equivalent)
  • $161,180Total assets
  • $12,937Cash and due from depository institutions
  • $6,980Interest-bearing balances
  • $32,718Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $102,468Net loans & leases
  • $1,334Loan loss allowance
  • $0Trading account assets
  • $5,637Bank premises and fixed assets
  • $3,887Other real estate owned
  • $1,235Goodwill and other intangibles
  • $161,180Life insurance assets
  • $2,298All other assets
  • $145,885Total liabilities and capital
  • $142,914Total liabilities
  • $118,078Total deposits
  • $142,914Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $971Subordinated debt
  • $15,295All other liabilities
  • $15,295Total equity capital
  • $15,295Total bank equity capital
  • $0Perpetual preferred stock
  • $110Common stock
  • $4,465Surplus
  • $10,720Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $998Income earned, not collected on loans
  • $0Earning assets
  • $403Long-term assets (5+ years)
  • $142,166Average Assets, year-to-date
  • $70,250Average Assets, quarterly
  • $156,552Volatile liabilities
  • $160,629Insider loans
  • $112,654FHLB advances
  • $162,748Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,206Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,191Restructured Loans and leases
  • $2,146Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,028Total interest income
  • $1,354Total interest expense
  • $5,674Net interest income
  • $318Provision for loan and lease losses
  • $1,960Total noninterest income
  • $0Fiduciary activities
  • $473Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,487Additional noninterest income
  • $6,269Total noninterest expense
  • $2,966Salaries and employee benefits
  • $591Premises and equipment expense
  • $2,712Additional noninterest expense
  • $1,047Pre-tax net operating income
  • $28Securities gains (losses)
  • $0Applicable income taxes
  • $1,075Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,075Net income attributable to bank
  • $0Net charge-offs
  • $1,075Cash dividends
  • $317Sale, conversion, retirement of capital stock, net
  • $437Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.07%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 4.09%Net interest margin
  • 1.41%Noninterest income to earning assets
  • 4.52%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 7.29%Return on equity (ROE)
  • 4.33%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 100.32%Credit loss provision to net charge-offs
  • 4.31%Efficiency ratio
  • 82,119Assets per employee
  • 3.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.65%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 133.67%Noncurrent assets plus other real estate owned to assets
  • 3.03%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 71.70%Net loans and leases to core deposits
  • 74.73%Equity capital to assets
  • 9.49%Core capital (leverage) ratio
  • 8.73%Tier 1 risk-based capital ratio
  • 12.61%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $156,552Average earning assets
  • $14,748Average equity
  • $138,667Average loans

List of branches

  • 4 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03615First National Community Bank109 E 2nd St, New Richmond, WI 54017January 01, 1919Full Service Brick and Mortar
    1207624Somerset Financial Center Branch531 Main Street, Somerset, WI 54025June 12, 1995Full Service Brick and Mortar
    2207625Hudson Financial Center Branch744 Ryan Drive, Hudson, WI 54016June 07, 1999Full Service Brick and Mortar
    3441714New Richmond Messenger Service Branc460 West 8th Street, New Richmond, WI 54017June 01, 2005Limited Service Messenger

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