FORTE BANK, Financial Information

AboutFORTE BANK

 Address:
116 West Sumner Street
Hartford,WI
Washington County,Wisconsin
 Established:
Jan 1907
 Number of domestic offices:
3
Total assets$290M
Net income$3M
Net income,quarterly$1M
Total deposits$251M
Domestic deposits$251M
Equity capital$28M
ROA1.06%
ROAQ,quarterly1.4%
ROA,pretax1.4%
ROAQ,quarterly,pretax1.87%
ROE10.2%
ROEQ,quarterly14.08%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

In 1907 The First National Bank of Hartford was formed by a group of local citizens who believed that expanding banking services would be needed to support the growing industrial firms and supplement the agricultural community. On March 2, 1907 the bank received its Federal Charter under authority of the Comptroller of the Currency. For many year the bank operated on Main Street in Hartford and moved to its present local at 116 W. Sumner Street in 1970. The bank has operated continuously in Washington County since its inception and added offices in Slinger and Richfield. In 1989 the bank began offering non-bank investment services and 2000 a full service Independent Insurance Agency joined the First National Bank family.

The banks ownership has grown over the years to 300 shareholders, the majority of whom work and live in the communities the bank serves.

Hartford Office
116 West Sumner Street
Hartford, WI 53027
Phone 262-673-5800

Richfield Office
1297 State Hwy 175
Hubertus, WI 53033
Phone 262-628-5500

Richfield Office
439 East Washington Street
Slinger, WI 53086
Phone 262-644-7606