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

The First National Bank of Platteville - Overview

  • General
  • FDIC Certificate #: 5318
    Status: Active
    Federal Reserve ID: 319542
    Bank Holding Company (Regulatory Top Holder): First Shares, Inc. (RSSDID: 1364026, Location: Platteville, WI)
    Date Established: December 01, 1891
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15651
    FDIC's unique #: 3583
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 20, 2009
    Last Structure Change Process Date: September 28, 2009
    Last Data Update: September 28, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 Keystone Parkway, Platteville, WI 53818
    County: Grant
    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
    Core Based Statistical Area (CBSA): Platteville, WI (#38420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $127.7 mil
    Equity capital: $14.2 mil
    Deposits held in domestic offices: $111.1 mil
    Return on assets (ROA): 0.30% ($0.4 mil)
    Quarterly return on assets: 0.24% ($0.3 mil)
    Return on Equity (ROE): 2.66% ($0.4 mil)
    Quarterly return on equity: 2.09% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.44% ($561.7 mil)
    Quarterly Pretax return on assets: 0.41% ($523.4 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
  • 39Total employees (full-time equivalent)
  • $127,654Total assets
  • $13,400Cash and due from depository institutions
  • $8,849Interest-bearing balances
  • $15,116Securities
  • $2,173Federal funds sold & reverse repurchase agreements
  • $84,006Net loans & leases
  • $1,067Loan loss allowance
  • $0Trading account assets
  • $7,103Bank premises and fixed assets
  • $210Other real estate owned
  • $0Goodwill and other intangibles
  • $127,654Life insurance assets
  • $5,646All other assets
  • $113,496Total liabilities and capital
  • $111,091Total liabilities
  • $94,780Total deposits
  • $111,091Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,849Trading liabilities
  • $0Other borrowed funds
  • $556Subordinated debt
  • $14,158All other liabilities
  • $14,158Total equity capital
  • $14,158Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $400Surplus
  • $13,558Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $337Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $943Income earned, not collected on loans
  • $0Earning assets
  • $533Long-term assets (5+ years)
  • $110,144Average Assets, year-to-date
  • $12,124Average Assets, quarterly
  • $125,362Volatile liabilities
  • $125,750Insider loans
  • $90,124FHLB advances
  • $124,499Loans and leases held for sale
  • $2,226Unused loan commitments
  • $2,226Tier 1 (core) risk-based capital
  • $12,108Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,298Restructured Loans and leases
  • $1,755Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,843Total interest income
  • $1,666Total interest expense
  • $4,177Net interest income
  • $25Provision for loan and lease losses
  • $906Total noninterest income
  • $64Fiduciary activities
  • $185Service charges on deposit accounts
  • $0Trading account gains & fees
  • $657Additional noninterest income
  • $4,514Total noninterest expense
  • $2,395Salaries and employee benefits
  • $757Premises and equipment expense
  • $1,362Additional noninterest expense
  • $544Pre-tax net operating income
  • $13Securities gains (losses)
  • $184Applicable income taxes
  • $373Income before extraordinary items
  • $0Extraordinary gains - net
  • $373Net income attributable to bank
  • $0Net charge-offs
  • $373Cash dividends
  • $73Sale, conversion, retirement of capital stock, net
  • $110Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.41%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 3.86%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 4.18%Noninterest expense to earning assets
  • 0.29%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 2.66%Return on equity (ROE)
  • 1.88%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 34.25%Credit loss provision to net charge-offs
  • 7.79%Efficiency ratio
  • 88,806Assets per employee
  • 3.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 29.49%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 113.15%Noncurrent assets plus other real estate owned to assets
  • 0.90%Noncurrent loans to loans
  • 1.11%Net loans and leases to deposits
  • 75.62%Net loans and leases to core deposits
  • 78.74%Equity capital to assets
  • 11.09%Core capital (leverage) ratio
  • 9.73%Tier 1 risk-based capital ratio
  • 13.43%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $125,362Average earning assets
  • $13,999Average equity
  • $108,102Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $13,992Managed Assets
  • 1Number of Accounts
  • $10,744Personal trust and agency accounts
  • $5,531Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $3,442Other fiduciary accounts
  • $1,771Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 124Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,248Other retirement accounts
  • $0Corporate trust and agency accounts
  • $1,644Other fiduciary accounts
  • $1,599Fiduciary accounts held in foreign offices

List of branches

  • 3 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03583The First National Bank Of Plattevil10 Keystone Parkway, Platteville, WI 53818December 01, 1891Full Service Brick and Mortar
    1207554Lancaster Branch305 South Madison Street, Lancaster, WI 53813June 17, 1991Full Service Brick and Mortar
    2362217Hazel Green Branch3525 N Percival Street, Hazel Green, WI 53811October 20, 2000Full Service Retail

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