First Citizens State Bank
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Data as of · sourced from FFIEC call reports. How we update
First Citizens State Bank is an FDIC-insured commercial bank headquartered in Whitewater, WI, established in 1863 (FDIC certificate 11228), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $525.2M, up 6.2% from Q2 2025, the 64th largest of 153 banks headquartered in Wisconsin. It reports no CET1 ratio; its Tier 1 leverage ratio was 18.00% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 11228
- Headquarters
- Whitewater, WI
- Established
- 1863
- Total assets, Q2 2026
- $525.2M
- Assets vs Q2 2025
- +6.2%
- Tier 1 leverage ratio, Q2 2026
- 18.00%
- Domestic offices
- 8 FDIC institution directory, current count
- Routing number
- 075902337
- Holding company
- WHITEWATER BANCORP., INC.
- Asset rank in state
- 64th of 153 in Wisconsin
First Citizens State Bank carries far more capital than most banks of its size. Based in Whitewater, Wisconsin, it had $525 million in assets at June 30, 2026, up 6.2% from a year earlier. It funds 18.00% of its assets with Tier 1 capital, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 10.99%). It also carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 banks its size (median 2.6%).
Net income for the quarter rose 26% from a year earlier, to $2.6 million. Over the same year, loans grew 22.9% and deposits shrank 1.9%.
As of June 30, 2026, First Citizens State Bank reported a return on assets of 1.99%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
First Citizens State Bank ranks as the 64th largest of the 153 banks based in Wisconsin, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.7% to $525.2M, loans rose 6.3% and deposits fell 4.0%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 29.6% of total loans, ahead of multifamily loans at 26.9%. The FDIC Summary of Deposits lists 6 offices for it, in Whitewater, WI, East Troy, WI and Palmyra, WI; its Whitewater 4 offices book 67% of its branch deposits. On its Q2 2026 call report, First Citizens State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 207 W Main St, Whitewater, WI 53190
- County
- Walworth
- Metro Area
- Whitewater-Elkhorn, WI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- October 25, 1863
- Domestic offices
- 8 FDIC institution directory, current count
- Employees (FTE)
- 76
- Domestic deposits
- $355.3M
- Allowance for credit losses
- $7.1M
- Net charge-offs (YTD)
- -$1K
- Average total assets
- $516.9M
- Average total loans
- $378.9M
- Average interest-bearing deposits
- $295.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 11228
- Fed RSSD
- 831642
- Website
- www.firstcitizensww.com →
- Parent Holding Company
- WHITEWATER BANCORP., INC. (RSSD 1203536)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, First Citizens State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, First Citizens State Bank's total assets ran between $431.3M (Q3 2023) and $525.2M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$525.2M total assets against $494.5M; $432.3M total liabilities against $409.6M.
$388.1M net loans and leases against $314.9M; $355.3M total deposits against $362.2M.
$100.0M securities against $126.3M; $11.8M cash and balances due against $29.7M.
$7.0M total interest income against $6.4M; $2.2M total interest expense against $2.4M.
$4.8M net interest income against $4.0M.
$1.0M total noninterest income against $813K; $2.7M total noninterest expense against $2.3M.
$0 provision for credit losses against $0.
$2.6M net income against $2.0M.
1.99% return on assets against 1.61%; 3.97% net interest margin against 3.42%.
18.00% tier 1 leverage ratio against 16.74%.
Inside the full First Citizens State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
First Citizens State Bank rankings
Its closest position to the top of a national ranking is 432 of 3,606, for efficiency ratio; its furthest is 3,407 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.10% (Q3 2024) to 1.99% (Q2 2026) and its net interest margin ran from 2.95% (Q3 2024) to 3.97% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.00% | 1.99% | 0.00% | 0.00% | 3.97% |
| Q1 2026 | 17.54% | 1.70% | 0.00% | 0.00% | 3.70% |
| Q4 2025 | 17.82% | 1.71% | 0.00% | 0.00% | 3.76% |
| Q3 2025 | 17.48% | 1.67% | 0.00% | 0.00% | 3.59% |
| Q2 2025 | 16.74% | 1.61% | 0.00% | 0.00% | 3.42% |
| Q1 2025 | 15.84% | 1.33% | 0.00% | 0.00% | 3.10% |
| Q4 2024 | 16.65% | 1.34% | 0.00% | 0.00% | 3.13% |
| Q3 2024 | 17.50% | 1.10% | 0.00% | 0.00% | 2.95% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Citizens State Bank (main office) | Whitewater , WI | 53190 | $228.0M |
| East Troy Branch | East Troy , WI | 53120 | $79.7M |
| Palmyra Branch | Palmyra , WI | 53156 | $37.6M |
| West Branch | Whitewater , WI | 53190 | $10.1M |
| Fairhaven Retirement Community Branch | Whitewater , WI | 53190 | $0 |
| Mulberry Glen Retirement Community Branch | Whitewater , WI | 53190 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| February 22, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 20, 2016 | Structure Change | Acquired Palmyra State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 31, 2004 | Structure Change | Acquired Whitewater Investment, Inc. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in WI, rank 83 of 185 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 4 loans, $2.1M approved, $513K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First Citizens State Bank
What are First Citizens State Bank's total assets?
As of the Q2 2026 filing, First Citizens State Bank reported total assets of $525.2 million in its FFIEC call report.
Where is First Citizens State Bank headquartered?
It is headquartered in Whitewater, WI, United States.
When was First Citizens State Bank founded?
It was established in 1863, per the FDIC institution directory.
Is First Citizens State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #11228). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Citizens State Bank?
First Citizens State Bank's primary federal regulator is the FDIC.
How many branches does First Citizens State Bank operate?
It operates 8 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Citizens State Bank's Texas Ratio?
Its Texas Ratio is 0.00% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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