FDIC Certificate #: 58101 Status: Active Federal Reserve ID: 3430297 Bank Holding Company (Regulatory Top Holder): Birmingham Bloomfield Bancshares, Inc. (RSSDID: 3438145, Location: Birmingham, MI) Date Established: July 26, 2006 WWW:http://www.bankofbirmingham.net Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 439712 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: July 26, 2006 Last Structure Change Effective Date: July 26, 2006 Last Structure Change Process Date: July 26, 2006 Last Data Update: July 26, 2006 Data Source Date: April 05, 2012
Location
Address: 33583 Woodward Avenue, Birmingham, MI 48009 County: Oakland 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): Detroit, MI (#2160) 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): Detroit-Warren-Livonia, MI (#19820) CBSA Metro Statistical Area: Detroit-Warren-Livonia, MI (#19820) Core Based Statistical Division: Warren-Troy-Farmington Hills, MI (#47644)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $123.9 mil Equity capital: $13.8 mil Deposits held in domestic offices: $109.4 mil Return on assets (ROA): 3.04% ($3.8 mil) Quarterly return on assets: 8.13% ($10.1 mil) Return on Equity (ROE): 33.26% ($4.7 mil) Quarterly return on equity: 80.11% ($11.2 mil) Net income: $3.6 mil Quarterly Net income: $2.5 mil Pretax return on assets: 1.06% ($1,313.0 mil) Quarterly Pretax return on assets: 0.55% ($681.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
36Total employees (full-time equivalent)
$123,868Total assets
$4,693Cash and due from depository institutions
$4,374Interest-bearing balances
$4,595Securities
$0Federal funds sold & reverse repurchase agreements
$107,209Net loans & leases
$1,574Loan loss allowance
$0Trading account assets
$1,387Bank premises and fixed assets
$298Other real estate owned
$124Goodwill and other intangibles
$123,868Life insurance assets
$5,562All other assets
$110,026Total liabilities and capital
$109,355Total liabilities
$88,015Total deposits
$109,355Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$671Subordinated debt
$13,842All other liabilities
$13,842Total equity capital
$13,842Total bank equity capital
$0Perpetual preferred stock
$1,205Common stock
$17,300Surplus
$-4,663Undivided profits
Memoranda
$0Noncurrent loans and leases
$2,485Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$450Long-term assets (5+ years)
$116,178Average Assets, year-to-date
$11,334Average Assets, quarterly
$118,818Volatile liabilities
$124,306Insider loans
$112,827FHLB advances
$121,661Loans and leases held for sale
$2,100Unused loan commitments
$1,050Tier 1 (core) risk-based capital
$12,091Tier 2 risk-based capital
$0Total risk weighted assets
$1,050Total unused commitments
$29,575Restructured Loans and leases
$2,306Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,365Total interest income
$1,223Total interest expense
$5,142Net interest income
$234Provision for loan and lease losses
$1,227Total noninterest income
$0Fiduciary activities
$23Service charges on deposit accounts
$0Trading account gains & fees
$1,204Additional noninterest income
$4,877Total noninterest expense
$2,737Salaries and employee benefits
$712Premises and equipment expense
$1,428Additional noninterest expense
$1,258Pre-tax net operating income
$0Securities gains (losses)
-$2,355Applicable income taxes
$3,613Income before extraordinary items
$0Extraordinary gains - net
$3,613Net income attributable to bank
$0Net charge-offs
$3,613Cash dividends
$108Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.55%Yield on earning assets
1.07%Cost of funding earning assets
4.49%Net interest margin
1.07%Noninterest income to earning assets
4.25%Noninterest expense to earning assets
3.04%Net operating income to assets
3.04%Return on assets (ROA)
1.06%Pretax return on assets
33.26%Return on equity (ROE)
33.26%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
216.67%Credit loss provision to net charge-offs
13.81%Efficiency ratio
76,574Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.00%Net loans and leases to deposits
98.04%Net loans and leases to core deposits
108.94%Equity capital to assets
11.17%Core capital (leverage) ratio
9.94%Tier 1 risk-based capital ratio
10.72%Total risk-based capital ratio
Memoranda
$12Average assets
$118,818Average earning assets
$10,864Average equity
$114,628Average loans
List of branches
1 Michigan Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
439712
Bank Of Birmingham
33583 Woodward Avenue, Birmingham, MI 48009
July 26, 2006
Full Service Brick and Mortar
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