SEC Form 13F Summary: First Business Financial Services, Inc.
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by First Business Financial Services, Inc. for the reporting period ending September 30, 2013. The form discloses the investment manager's holdings in equity securities as required by the Securities and Exchange Commission.
Key Financial Metrics and Portfolio Composition
The filing details specific security holdings rather than the company's operational financial metrics (revenue, profit, cash flow). Key portfolio data includes:
- Total Reported Value: The sum of the "Value" column (in thousands) across all listed securities is approximately $2,266,000.
- Largest Holding: First Business Financial Common Stock (CUSIP 319390100) with a reported value of $181,222,000 (181,222 shares).
- Top External Holdings:
- Vanguard Mutual Funds/Equity (922908769): $638,479,000
- Ishares Mutual Funds/Equity (464287465): $325,187,000
- Ishares Mutual Funds/Fixed Income (464287226): $322,703,000
- Voting Authority: The manager reported "Sole" voting authority for the majority of positions, with some "Shared" or "None" authority noted for specific tranches.
Material Changes
The filing text does not provide comparative data for the prior quarter (June 30, 2013). Therefore, material changes in holdings, value, or voting authority versus the prior comparable period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio against the company's latest 10-Q or 10-K to ensure consistency in reported assets.
- Confirm the ownership percentage of the First Business Financial Common Stock holding relative to the company's total outstanding shares.
- Review the "Other" (OTR) voting authority entries to understand the nature of non-sole control positions.
- Check subsequent filings (e.g., Q4 2013) to track turnover and changes in the significant mutual fund positions.