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

  • The First National Bank of Eagle River in Eagle River, Wisconsin (WI)
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The First National Bank of Eagle River - Overview

  • General
  • FDIC Certificate #: 5343
    Status: Active
    Federal Reserve ID: 634357
    Bank Holding Company (Regulatory Top Holder): Ellis Bankshares, Inc. (RSSDID: 2858979, Location: Eagle River, WI)
    Date Established: January 01, 1921
    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 #: 12830
    FDIC's unique #: 3605
    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: Mortgage 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: 400 East Wall Street, Eagle River, WI 54521
    County: Vilas
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Appleton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $146.0 mil
    Equity capital: $13.3 mil
    Deposits held in domestic offices: $106.6 mil
    Return on assets (ROA): 0.22% ($0.3 mil)
    Quarterly return on assets: 0.35% ($0.5 mil)
    Return on Equity (ROE): 2.39% ($0.3 mil)
    Quarterly return on equity: 3.82% ($0.5 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.22% ($321.3 mil)
    Quarterly Pretax return on assets: 0.35% ($511.1 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
  • 44Total employees (full-time equivalent)
  • $146,030Total assets
  • $3,221Cash and due from depository institutions
  • $517Interest-bearing balances
  • $34,409Securities
  • $4,125Federal funds sold & reverse repurchase agreements
  • $93,570Net loans & leases
  • $752Loan loss allowance
  • $0Trading account assets
  • $2,304Bank premises and fixed assets
  • $1,887Other real estate owned
  • $0Goodwill and other intangibles
  • $146,030Life insurance assets
  • $6,514All other assets
  • $132,755Total liabilities and capital
  • $106,587Total liabilities
  • $89,902Total deposits
  • $106,587Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 6770.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $18,500Trading liabilities
  • $0Other borrowed funds
  • $898Subordinated debt
  • $13,275All other liabilities
  • $13,275Total equity capital
  • $13,275Total bank equity capital
  • $0Perpetual preferred stock
  • $858Common stock
  • $2,658Surplus
  • $9,759Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,941Income earned, not collected on loans
  • $0Earning assets
  • $465Long-term assets (5+ years)
  • $132,621Average Assets, year-to-date
  • $23,630Average Assets, quarterly
  • $146,277Volatile liabilities
  • $146,212Insider loans
  • $88,136FHLB advances
  • $143,114Loans and leases held for sale
  • $3,604Unused loan commitments
  • $3,604Tier 1 (core) risk-based capital
  • $13,128Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,213Restructured Loans and leases
  • $3,133Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,975Total interest income
  • $1,420Total interest expense
  • $4,555Net interest income
  • $476Provision for loan and lease losses
  • $994Total noninterest income
  • $0Fiduciary activities
  • $436Service charges on deposit accounts
  • $0Trading account gains & fees
  • $558Additional noninterest income
  • $4,758Total noninterest expense
  • $2,780Salaries and employee benefits
  • $614Premises and equipment expense
  • $1,364Additional noninterest expense
  • $315Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $315Income before extraordinary items
  • $0Extraordinary gains - net
  • $315Net income attributable to bank
  • $0Net charge-offs
  • $315Cash dividends
  • $1,219Sale, conversion, retirement of capital stock, net
  • $113Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 3.44%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.22%Return on assets (ROA)
  • 0.22%Pretax return on assets
  • 2.39%Return on equity (ROE)
  • 1.53%Retained earnings to average equity (YTD only)
  • 1.23%Net charge-offs to loans
  • 39.05%Credit loss provision to net charge-offs
  • 0.65%Efficiency ratio
  • 85,745Assets per employee
  • 3.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.87%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 25.57%Noncurrent assets plus other real estate owned to assets
  • 4.61%Noncurrent loans to loans
  • 3.12%Net loans and leases to deposits
  • 87.79%Net loans and leases to core deposits
  • 98.79%Equity capital to assets
  • 9.09%Core capital (leverage) ratio
  • 9.17%Tier 1 risk-based capital ratio
  • 14.90%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $146,277Average earning assets
  • $13,196Average equity
  • $132,595Average loans

List of branches

  • 4 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03605The First National Bank Of Eagle Riv400 East Wall Street, Eagle River, WI 54521January 01, 1921Full Service Brick and Mortar
    1207594Phelps Branch4534 County Highway E, Phelps, WI 54554May 27, 1968Full Service Brick and Mortar
    3207596Saint Germain Office Branch240 Highway 70 East, St. Germain, WI 54558May 13, 1991Full Service Brick and Mortar
    4207597Three Lakes Branch1811 Superior St, Three Lakes, WI 54562May 03, 1999Full Service Brick and Mortar

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