First Bank Financial Centre

Headquarters

155 West Wisconsin Avenue
Oconomowoc, WI 53066
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.40% 0.95% →
2-Year CD 0.50% 1.05% →
5-Year CD 0.80% 1.30% →
30-Year Mortgage 3.68% 2.80% →
15-Year Mortgage 3.23% 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Bank Financial Centre is an FDIC insured institution located in Oconomowoc, WI. It was founded in 1859 and has approximately $1.18 billion in assets. Customers can open an account at one of its 17 branches.

FDIC Insured Yes
FDIC Certificate # 12517
Date Established 1859
Assets $ 1,180.63 million
Loans $ 917.79 million
Deposits $ 900.45 million
Capital $ 123.82 million
 

For a more detailed analysis of First Bank Financial Centre's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 27, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
Premium Money Market Account
0.10% $10,000 $14,999 Learn More
Premium Money Market Account
0.10% $25,000 $34,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
Special: 13 Mo CD
0.50% $2,500 $250,000 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
Special: 25 Mo CD
0.75% $2,500 $250,000 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
Special: 37 Mo CD
0.85% $2,500 $250,000 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.80% $10,000 $14,999 Learn More
60 Mo CD
0.80% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Special: 13 Mo FIRA
0.50% $2,500 $250,000 Learn MoreShow Less
Special: 25 Mo FIRA
0.75% $2,500 $250,000 Learn MoreShow Less
Special: 37 Mo FIRA
0.85% $2,500 $250,000 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $1 $99 Learn MoreShow Less
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 27, 2020

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

First Bank Financial Centre branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First Bank Financial Centre Locations


Financial Details

First Bank Financial Centre Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Bank Financial Centre. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Bank Financial Centre U.S. Bank Average
16.07% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, First Bank Financial Centre had $16,765,000 in non-current loans and $4,057,000 in owned real estate. To cover these potential losses it had $123,821,000 in equity and $5,763,000 in loans loss reserves. That gives it a Texas Ratio of 16.07%.

Return on Equity
First Bank Financial Centre U.S. Bank Average
14.92% 7.80%

First Bank Financial Centre has a Return on Equity of 14.92% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Bank Financial Centre U.S. Bank Average
10.49% 12.68%

First Bank Financial Centre has a Capitalization of 10.49% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Bank Financial Centre Balance Sheet Analysis

As of March 31, 2020, First Bank Financial Centre had assets of $1,180,627,000, loans of $917,788,000, and deposits of $900,446,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 70.37 million
Interest-bearing balances $ 56.43 million
Total securities $ 118.25 million
Federal funds sold and reverse repurchase $ 2.31 million
Net loans and leases $ 917.79 million
Loan loss allowance $ 5.76 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.06 million
Goodwill and other intangibles $ 11.29 million
All other assets $ 25.99 million
     Total Assets $ 1,056.81 million
LIABILITIES
Total deposits $ 900.45 million
      Interest-bearing deposits $ 761.08 million
      Deposits held in domestic offices $ 900.45 million
      % insured (estimated) 85.35%
Federal funds purchased and repurchase agreements $ 92.13 million
Trading liabilities N.A.
Other borrowed funds $ 52.50 million
Subordinated debt N.A.
All other liabilities $ 11.73 million
      Total Liabilities $ 1,056.81 million
      Shareholders’ Equity $ 123.82 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 12.94 million
Total Interest Expense $ 3.20 million
Net interest income $ 9.74 million
Provision for loan and lease losses N.A.
Total non interest income $ 6.94 million
Total non interest expense $ 11.59 million
Pre-tax Net Operating Income $ 5.10 million

Bank Loan Profile?

The top three loan types in First Bank Financial Centre’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Wisconsin, First Bank Financial Centre has a significantly higher percent of Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.56
Multifamily
Mortgages
5.56
Credit Card Loans 0.04
Consumer Auto Loans 0.01
Small Business Loans 0.00
Construction and Development Loans 21.90
Commercial Real Estate 40.90
Commercial and Industrial Loans 6.35
Farm Loans 0.00

Frequently Asked Questions About First Bank Financial Centre

Branches and Savings

Is First Bank Financial Centre FDIC insured?

Yes. It is covered under FDIC Certificate #12517.

Why does First Bank Financial Centre pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Bank Financial Centre CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Bank Financial Centre a commercial bank?

Yes

Where are First Bank Financial Centre locations?

See branch locations nearby.

Is First Bank Financial Centre open on Saturdays?

Is First Bank Financial Centre open on Sundays?

What time does First Bank Financial Centre open?

What time does First Bank Financial Centre close?

Are First Bank Financial Centre ATMs Open 24/7?

Do First Bank Financial Centre ATMs accept cash deposits?

Can First Bank Financial Centre customers use other ATMs?

Do First Bank Financial Centre branches have notaries?

Will First Bank Financial Centre notarize my document?

What address for First Bank Financial Centre should I put for incoming ACH transfers?

Will the First Bank Financial Centre branch print checks?

Do First Bank Financial Centre checks expire?

Does First Bank Financial Centre require US citizenship to open account?

Can First Bank Financial Centre close my account?

Does First Bank Financial Centre Report to credit bureaus?

Does First Bank Financial Centre Use Equifax?

What is First Bank Financial Centre's ACH Routing Number?

What is First Bank Financial Centre's SWIFT code?

Products

Does First Bank Financial Centre offer mortgages?

Compare mortgage rates here.

Does First Bank Financial Centre offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Bank Financial Centre offer personal loans?

Compare personal loan rates here.

Does First Bank Financial Centre offer student loans?

Will First Bank Financial Centre cash a check?

Will First Bank Financial Centre redeem a savings bond?

Does First Bank Financial Centre cash savings bonds?

Will First Bank Financial Centre cash money orders?

Can First Bank Financial Centre issue a money order?

Does First Bank Financial Centre do currency exchange?

Background on The Bank

Who owns First Bank Financial Centre?

How long has First Bank Financial Centre been around?

Can First Bank Financial Centre transfer to other banks?

Does First Bank Financial Centre have quick pay?

Does First Bank Financial Centre accept rolled coins?

Will First Bank Financial Centre accept loose change?

Where is First Bank Financial Centre headquarters?

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