First Business Bank-Milwaukee

Headquarters

18500 West Corporate Drive
Brookfield, WI 53045
See all branch locations →

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

2020 Overview

General Bank Information

First Business Bank-Milwaukee is an FDIC insured institution located in Brookfield, WI. It was founded in 2000 and has approximately $0.25 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35445
Date Established 2000
Assets $ 253.60 million
Loans $ 197.72 million
Deposits $ 229.72 million
Capital $ 22.62 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Business Bank-Milwaukee

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to First Business Bank-Milwaukee
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Branches

First Business Bank-Milwaukee 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:
Fairfield,Connecticut


First Business Bank-Milwaukee Locations


Financial Details

First Business Bank-Milwaukee Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Business Bank-Milwaukee. 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 Business Bank-Milwaukee U.S. Bank Average
18.23% 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 Business Bank-Milwaukee had $4,502,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $22,623,000 in equity and $2,078,000 in loans loss reserves. That gives it a Texas Ratio of 18.23%.

Return on Equity
First Business Bank-Milwaukee U.S. Bank Average
7.75% 7.80%

First Business Bank-Milwaukee has a Return on Equity of 7.75% 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 Business Bank-Milwaukee U.S. Bank Average
8.92% 12.68%

First Business Bank-Milwaukee has a Capitalization of 8.92% 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 Business Bank-Milwaukee Balance Sheet Analysis

As of March 31, 2017, First Business Bank-Milwaukee had assets of $253,602,000, loans of $197,724,000, and deposits of $229,721,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 197.72 million
Loan loss allowance $ 2.08 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 229.72 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 253.60 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Business Bank-Milwaukee’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Wisconsin, First Business Bank-Milwaukee has a significantly higher percent of Small Business Loans, Commercial Real Estate, Commercial and Industrial 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 2.63
Multifamily
Mortgages
5.51
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 10.11
Construction and Development Loans 9.10
Commercial Real Estate 48.93
Commercial and Industrial Loans 31.22
Farm Loans 0.00

Frequently Asked Questions About First Business Bank-milwaukee

Branches and Savings

Is First Business Bank-milwaukee FDIC insured?

Yes. It is covered under FDIC Certificate #35445.

Why does First Business Bank-milwaukee pay such low interest on savings accounts?

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

Why are First Business Bank-milwaukee CD rates not competitive?

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

Is First Business Bank-milwaukee a commercial bank?

Yes

Where are First Business Bank-milwaukee locations?

See branch locations nearby.

Is First Business Bank-milwaukee open on Saturdays?

Is First Business Bank-milwaukee open on Sundays?

What time does First Business Bank-milwaukee open?

What time does First Business Bank-milwaukee close?

Are First Business Bank-milwaukee ATMs Open 24/7?

Do First Business Bank-milwaukee ATMs accept cash deposits?

Can First Business Bank-milwaukee customers use other ATMs?

Do First Business Bank-milwaukee branches have notaries?

Will First Business Bank-milwaukee notarize my document?

What address for First Business Bank-milwaukee should I put for incoming ACH transfers?

Will the First Business Bank-milwaukee branch print checks?

Do First Business Bank-milwaukee checks expire?

Does First Business Bank-milwaukee require US citizenship to open account?

Can First Business Bank-milwaukee close my account?

Does First Business Bank-milwaukee Report to credit bureaus?

Does First Business Bank-milwaukee Use Equifax?

What is First Business Bank-milwaukee's ACH Routing Number?

What is First Business Bank-milwaukee's SWIFT code?

Products

Does First Business Bank-milwaukee offer mortgages?

Compare mortgage rates here.

Does First Business Bank-milwaukee offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Business Bank-milwaukee offer personal loans?

Compare personal loan rates here.

Does First Business Bank-milwaukee offer student loans?

Will First Business Bank-milwaukee cash a check?

Will First Business Bank-milwaukee redeem a savings bond?

Does First Business Bank-milwaukee cash savings bonds?

Will First Business Bank-milwaukee cash money orders?

Can First Business Bank-milwaukee issue a money order?

Does First Business Bank-milwaukee do currency exchange?

Background on The Bank

Who owns First Business Bank-milwaukee?

How long has First Business Bank-milwaukee been around?

Can First Business Bank-milwaukee transfer to other banks?

Does First Business Bank-milwaukee have quick pay?

Does First Business Bank-milwaukee accept rolled coins?

Will First Business Bank-milwaukee accept loose change?

Where is First Business Bank-milwaukee headquarters?

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