The First National Bank of Bangor in Bangor, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of Bangor - Overview

  • General
  • FDIC Certificate #: 5337
    Status: Active
    Federal Reserve ID: 627854
    Bank Holding Company (Regulatory Top Holder): Bosshard Banco, Ltd. (RSSDID: 1124163, Location: Lacrosse, WI)
    Date Established: July 01, 1903
    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: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 13186
    FDIC's unique #: 3601
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 1800 Commercial Street, Bangor, WI 54614
    County: La Crosse
    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
    Metropolitan Statistical Area (MSA): La Crosse, WI-MN (#3870)
    Core Based Statistical Area (CBSA): La Crosse, WI-MN (#29100)
    CBSA Metro Statistical Area: La Crosse, WI-MN (#29100)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $203.7 mil
    Equity capital: $40.7 mil
    Deposits held in domestic offices: $160.8 mil
    Return on assets (ROA): 2.32% ($4.7 mil)
    Quarterly return on assets: 2.33% ($4.8 mil)
    Return on Equity (ROE): 11.35% ($4.7 mil)
    Quarterly return on equity: 11.28% ($4.6 mil)
    Net income: $4.5 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 3.59% ($7,313.1 mil)
    Quarterly Pretax return on assets: 3.54% ($7,211.2 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, 2011)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $203,707Total assets
  • $4,945Cash and due from depository institutions
  • $1,026Interest-bearing balances
  • $37,788Securities
  • $10,559Federal funds sold & reverse repurchase agreements
  • $148,140Net loans & leases
  • $3,154Loan loss allowance
  • $0Trading account assets
  • $564Bank premises and fixed assets
  • $327Other real estate owned
  • $0Goodwill and other intangibles
  • $203,707Life insurance assets
  • $1,384All other assets
  • $162,995Total liabilities and capital
  • $160,776Total liabilities
  • $142,037Total deposits
  • $160,776Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,244Trading liabilities
  • $0Other borrowed funds
  • $975Subordinated debt
  • $40,712All other liabilities
  • $40,712Total equity capital
  • $40,712Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $300Surplus
  • $40,112Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,570Income earned, not collected on loans
  • $0Earning assets
  • $1,082Long-term assets (5+ years)
  • $197,513Average Assets, year-to-date
  • $14,015Average Assets, quarterly
  • $195,898Volatile liabilities
  • $198,583Insider loans
  • $139,703FHLB advances
  • $197,710Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $40,680Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,607Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,328Total interest income
  • $1,521Total interest expense
  • $8,807Net interest income
  • $24Provision for loan and lease losses
  • $415Total noninterest income
  • $0Fiduciary activities
  • $235Service charges on deposit accounts
  • $0Trading account gains & fees
  • $180Additional noninterest income
  • $2,164Total noninterest expense
  • $1,255Salaries and employee benefits
  • $267Premises and equipment expense
  • $642Additional noninterest expense
  • $7,034Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,495Applicable income taxes
  • $4,539Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,539Net income attributable to bank
  • $0Net charge-offs
  • $4,539Cash dividends
  • $33Sale, conversion, retirement of capital stock, net
  • $2,100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.40%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 4.61%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 1.13%Noninterest expense to earning assets
  • 2.32%Net operating income to assets
  • 2.32%Return on assets (ROA)
  • 3.59%Pretax return on assets
  • 11.35%Return on equity (ROE)
  • 6.10%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 72.73%Credit loss provision to net charge-offs
  • 213.88%Efficiency ratio
  • 23,466Assets per employee
  • 7.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.27%Loss allowance to loans
  • 2.08%Loss allowance to noncurrent loans
  • 36.80%Noncurrent assets plus other real estate owned to assets
  • 4.37%Noncurrent loans to loans
  • 5.66%Net loans and leases to deposits
  • 92.14%Net loans and leases to core deposits
  • 92.43%Equity capital to assets
  • 19.99%Core capital (leverage) ratio
  • 20.58%Tier 1 risk-based capital ratio
  • 29.12%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $195,898Average earning assets
  • $39,981Average equity
  • $191,147Average loans

List of branches

  • 5 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03601The First National Bank Of Bangor1800 Commercial Street, Bangor, WI 54614July 01, 1903Full Service Brick and Mortar
    1207586Mindoro BranchHighway 108 And County Trunk D, Farmington Township, WI 54644May 01, 1968Full Service Brick and Mortar
    2207587St. Joseph's Ridge BranchRoute 1, La Crosse, WI 54601July 26, 1977Full Service Brick and Mortar
    3207588Holmen Branch622 Mchugh Road, Holmen, WI 54636September 04, 1990Full Service Brick and Mortar
    4207589West Salem Branch975 West City Highway 16, West Salem, WI 54669October 24, 1995Full Service Brick and Mortar

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