The First National Bank of River Falls in River Falls, Wisconsin (WI)



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The First National Bank of River Falls routing number info

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The First National Bank of River Falls
GeneralFDIC Certificate #: 5364
Status: Active
Federal Reserve ID: 956255
Bank Holding Company (Regulatory Top Holder): First National Bancorp Of River Falls, Inc. (RSSDID: 2577159, Location: River Falls, WI)
Date Established: January 04, 1904
WWW: http://www.fnbrf.com
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)
FDIC's unique #: 3619
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 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 104 East Locust Street, River Falls, WI 54022
County: Pierce
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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $264.9 mil
Equity capital: $28.8 mil
Deposits held in domestic offices: $217.0 mil
Return on assets (ROA): 1.06% ($2.8 mil)
Quarterly return on assets: 0.92% ($2.4 mil)
Return on Equity (ROE): 10.17% ($2.9 mil)
Quarterly return on equity: 8.49% ($2.5 mil)
Net income: $2.9 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.07% ($2,834.2 mil)
Quarterly Pretax return on assets: 0.93% ($2,463.3 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)
Total employees (full-time equivalent)72
Total assets$264,875
Cash and due from depository institutions$26,005
Interest-bearing balances$19,641
Securities$62,999
Federal funds sold & reverse repurchase agreements$3,682
Net loans & leases$157,212
Loan loss allowance $3,203
Trading account assets$0
Bank premises and fixed assets$2,107
Other real estate owned$3,702
Goodwill and other intangibles$0
All other assets$9,168
Life insurance assets$264,875
Total liabilities and capital$236,097
Total liabilities$217,034
Total deposits$189,151
Interest-bearing deposits$217,034
Deposits held in domestic offices$86
% insured (estimated)4074.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$14,387
Other borrowed funds $0
Subordinated debt $602
All other liabilities $28,778
Total equity capital$28,778
Total bank equity capital$28,778
Perpetual preferred stock$0
Common stock$1,100
Surplus$1,020
Undivided profits $26,658
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $262
Income earned, not collected on loans $3,576
Earning assets $594
Long-term assets (5+ years) $1,517
Average Assets, year-to-date $243,534
Average Assets, quarterly $60,518
Volatile liabilities $269,961
Insider loans $266,749
FHLB advances $157,693
Loans and leases held for sale $260,226
Unused loan commitments $4,791
Tier 1 (core) risk-based capital $2,131
Tier 2 risk-based capital $26,353
Total risk weighted assets $0
Total unused commitments $2,660
Restructured Loans and leases $21,890
Derivatives$309
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $12,034
Total interest expense $2,053
Net interest income $9,981
Provision for loan and lease losses $625
Total noninterest income $2,410
Fiduciary activities $0
Service charges on deposit accounts $721
Trading account gains & fees $0
Additional noninterest income $1,689
Total noninterest expense $8,874
Salaries and employee benefits $4,942
Premises and equipment expense $934
Additional noninterest expense $2,998
Pre-tax net operating income $2,892
Securities gains (losses) $2
Applicable income taxes $28
Income before extraordinary items $2,866
Extraordinary gains - net $0
Net income attributable to bank $2,866
Net charge-offs $0
Cash dividends $2,866
Sale, conversion, retirement of capital stock, net $1,242
Net operating income $1,950
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.80%
Cost of funding earning assets 0.82%
Net interest margin 3.98%
Noninterest income to earning assets 0.96%
Noninterest expense to earning assets 3.54%
Net operating income to assets 1.06%
Return on assets (ROA) 1.06%
Pretax return on assets 1.07%
Return on equity (ROE) 10.17%
Retained earnings to average equity (YTD only) 3.25%
Net charge-offs to loans 0.75%
Credit loss provision to net charge-offs 50.32%
Efficiency ratio2.83%
Assets per employee$71,616
Cash dividends to net income (YTD only)3.68%
Condition Ratios (%)
Loss allowance to loans 68.04%
Loss allowance to noncurrent loans 2.00%
Noncurrent assets plus other real estate owned to assets 89.57%
Noncurrent loans to loans 2.75%
Net loans and leases to deposits2.23%
Net loans and leases to core deposits 72.44%
Equity capital to assets 74.18%
Core capital (leverage) ratio 10.86%
Tier 1 risk-based capital ratio 10.13%
Total risk-based capital ratio 16.71%
Memoranda
Average assets$18
Average earning assets$269,961
Average equity $28,178
Average loans $250,765
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4 Wisconsin Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
03619The First National Bank Of River Fal104 East Locust Street, River Falls, WI 54022January 04, 1904Full Service Brick and Mortar
1207632Prescott Branch1151 North Canton Street, Prescott, WI 54021January 19, 1993Full Service Brick and Mortar
2362639Wellhaven Branch119 Union Street, River Falls, WI 54022September 18, 2001Limited Service Mobile
3462300Uw-River Falls Branch500 East Wild Rose Avenue, River Falls, WI 54022January 22, 2007Full Service Brick and Mortar
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