Financial Annual Report 2007

“The increased capacity due to the reduced collateral maintenance levels has had the greatest impact on our bank.” Pictured (L to R): Bradley K. Meier, President & CEO FCB; Justin Pauletti, Business Development Associate, FCB; Joel Groethe, Principal & Owner Willow Greens SUPPORTING HOUSING PROJECTS IS IMPORTANT TO FCB. WILLOW GREENS IS A TWO-STORY BUILDING, 20-UNIT CONDOMINIUM CONVERSION PROJECT IN EDINA, MINNESOTA. FULL CIRCLE Bloomington, Minnesota $ First Commercial Bank (FCB) in Bloomington, Minnesota takes pride in delivering the highest level of ser vice to its community as an independent and locally managed bank. When FHLB Des Moines changed the collateral maintenance levels in 2007, FCB was able to pledge more collateral, increase its borrowing capacity and, in turn, continue its pledge of superior financial ser vice to its small and medium sized business customers. “FHLB wholesale funding is central to our liquidity funding strategy,” commented Brad Meier, president and CEO of First Commercial Bank. “The increased capacity due to the reduced collateral maintenance levels has had the greatest impact on our bank.” 14

Table of Contents Feed for the Digital Edition of Financial Annual Report 2007

Financial Annual Report 2007 Contents Introduction Letter To Our Members Financial Highlights Member Highlight: Chillicothe, MO Member Highlight: Bloomington, MN Statements of Condition Statements of Income Board of Directors

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