Bank One, Ypsilanti, National Association in Ypsilanti, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1995

  • Bank One, Ypsilanti, National Association in Ypsilanti, Michigan (MI)
  • Show street view No street view available for this location

Bank One, Ypsilanti, National Association - Overview

  • General
  • FDIC Certificate #: 5051
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens Bank (#986)
    Federal Reserve ID: 157940
    Date Established: October 17, 1933
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 3373
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 01, 1995
    Last Structure Change Process Date: April 13, 1995
    Last Data Update: April 13, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 133 West Michigan Avenue, Ypsilanti, MI 48197
    County: Washtenaw
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Detroit
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Ann Arbor, MI (#440)
    Consolidated Metropolitan Statistical Area (CMSA): Detroit-Ann Arbor-Flint, MI (#35)
    Combined Statistical Area (CSA): Detroit-Warren-Flint, MI (#220)
    Core Based Statistical Area (CBSA): Ann Arbor, MI (#11460)
    CBSA Metro Statistical Area: Ann Arbor, MI (#11460)
  • Financial Summary
  • Total assets: $151.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $70Total assets
  • $151,157Cash and due from depository institutions
  • $3,056Interest-bearing balances
  • $0Securities
  • $3,414Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $137,479Loan loss allowance
  • $3,540Trading account assets
  • $0Bank premises and fixed assets
  • $4,077Other real estate owned
  • $0Goodwill and other intangibles
  • $3,131Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $151,157Total liabilities
  • $139,368Total deposits
  • $120,390Interest-bearing deposits
  • $101,800Deposits held in domestic offices
  • 120390.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $14,345Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,500All other liabilities
  • $2,133Total equity capital
  • $2,133Total bank equity capital
  • $11,789Perpetual preferred stock
  • $0Common stock
  • $1,398Surplus
  • $1,619Undivided profits
  • Memoranda
  • $8,772Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,153Income earned, not collected on loans
  • $850Earning assets
  • $140,893Long-term assets (5+ years)
  • $2,892Average Assets, year-to-date
  • $153,723Average Assets, quarterly
  • $156,209Volatile liabilities
  • $18,345Insider loans
  • $1,684FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $17,928Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,837Total risk weighted assets
  • $147,289Total unused commitments
  • $0Restructured Loans and leases
  • $45,568Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,576Total interest expense
  • $4,512Net interest income
  • $8,064Provision for loan and lease losses
  • $4,409Total noninterest income
  • $926Fiduciary activities
  • $0Service charges on deposit accounts
  • $703Trading account gains & fees
  • $0Additional noninterest income
  • $223Total noninterest expense
  • $6,168Salaries and employee benefits
  • $2,789Premises and equipment expense
  • $734Additional noninterest expense
  • $2,645Pre-tax net operating income
  • -$1,587Securities gains (losses)
  • -$1Applicable income taxes
  • -$588Income before extraordinary items
  • -$1,000Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,000Net charge-offs
  • $2,708Cash dividends
  • $150Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.77%Cost of funding earning assets
  • 3.15%Net interest margin
  • 5.62%Noninterest income to earning assets
  • 0.65%Noninterest expense to earning assets
  • 4.30%Net operating income to assets
  • -0.65%Return on assets (ROA)
  • -0.65%Pretax return on assets
  • -1.03%Return on equity (ROE)
  • -8.15%Retained earnings to average equity (YTD only)
  • -9.37%Net charge-offs to loans
  • 1.91%Credit loss provision to net charge-offs
  • 162.81%Efficiency ratio
  • 68,610Assets per employee
  • 2.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -15.00%Loss allowance to loans
  • 2.51%Loss allowance to noncurrent loans
  • 164.42%Noncurrent assets plus other real estate owned to assets
  • 1.42%Noncurrent loans to loans
  • 1.53%Net loans and leases to deposits
  • 114.19%Net loans and leases to core deposits
  • 118.12%Equity capital to assets
  • 7.80%Core capital (leverage) ratio
  • 7.65%Tier 1 risk-based capital ratio
  • 8.04%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $153,723Average earning assets
  • $12,277Average equity
  • $143,427Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank One, Ypsilanti, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents