First State Bank
FDIC #15271
📍 New London, Wisconsin
First State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1911. With assets of $537.15 Million, it operates 8 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: February 1, 2025
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
February 1, 2025
Satisfactory
February 1, 2022
Satisfactory
August 1, 2018
Satisfactory
💰 Financial Strength
Total Assets$537.15 Million
Total Deposits$455.45 Million
Equity Capital$36.72 Million
Net Income$1.60 Million
📈 Performance
ROA0.39%
ROE5.41%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1911
FDIC Cert15271
Holding CoFirst State Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeDecember 19, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 5:00 PM
Tuesday8:00 AM - 5:00 PM
Wednesday8:00 AM - 5:00 PM
Thursday8:00 AM - 5:00 PM
Friday8:00 AM - 5:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
9999
Relocation
Moved HQ to: 113 W North Water St, New London, WI 54961.
2020
Merger / Acquisition
Acquired: Pioneer Bank
2017
Merger / Acquisition
Acquired: Farmers And Merchants Bank
1992
Name Change
Name became: Changed Institution Name To First State Bank.
1989
Merger / Acquisition
Acquired: Bank One, Clintonville, National Association