The First National Bank and Trust Company, Financial Information

AboutThe First National Bank and Trust Company

 Address:
345 East Grand Avenue
Beloit,WI
Rock County,Wisconsin
 Established:
Jul 1882
 Number of domestic offices:
17
Total assets$1,413M
Net income$9M
Net income,quarterly$3M
Total deposits$1,250M
Domestic deposits$1,250M
Equity capital$141M
ROA0.74%
ROAQ,quarterly0.94%
ROA,pretax0.94%
ROAQ,quarterly,pretax1.24%
ROE6.81%
ROEQ,quarterly9.11%
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.

Throughout almost 130 year-history, First National Bank and Trust has proudly served the people of Beloit, and surrounding communities in both Illinois and Wisconsin.

From the beginning, the Second National Bank was a success. Burdette P. Eldred was elected President in 1912. By the outbreak of the First World War, the Second National Bank was one of the most stable institutions in Beloit. In 1930 the bank proposed to expand its services to the Beloit community, and applied to the Federal Reserve Board for permission to create a Trust Department. Burdette P. Eldred passed away in 1951. His son, B.P. Eldred, Jr. was elected to succeed as President.

In March of 2003, FNBT successfully finalized the purchase of three Amcore offices in the communities of Clinton and Darien. In 2007 a branch was added in Janesville, Wisconsin. In 2009 three Amcore offices in the Monroe and Argyle communities were purchased. This acquisition increased First National Bank and Trust's offices to thirteen full service locations.