Bank of Rochester in Rochester, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 2001

  • Bank of Rochester in Rochester, Michigan (MI)
  • Show street view No street view available for this location

Bank of Rochester - Overview

  • General
  • FDIC Certificate #: 35010
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: The PrivateBank (#27602)
    Federal Reserve ID: 2771528
    Date Established: July 01, 1999
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 73833
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1999
    Last Structure Change Effective Date: April 23, 2001
    Last Structure Change Process Date: May 07, 2001
    Last Data Update: May 07, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 440 Main Street, Rochester, MI 48307
    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)
  • Financial Summary
  • Total assets: $24.4 mil

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2000)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $24,263Total assets
  • $350Cash and due from depository institutions
  • $0Interest-bearing balances
  • $1,469Securities
  • $3,300Federal funds sold & reverse repurchase agreements
  • $18,559Net loans & leases
  • $237Loan loss allowance
  • $0Trading account assets
  • $265Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $320All other assets
  • $24,263Total liabilities and capital
  • $20,980Total liabilities
  • $20,097Total deposits
  • $18,525Interest-bearing deposits
  • $20,097Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $659Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $224All other liabilities
  • $3,283Total equity capital
  • $3,283Total bank equity capital
  • $3,283Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $2,500Undivided profits
  • Memoranda
  • $-217Noncurrent loans and leases
  • $3,615Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $150Average Assets, year-to-date
  • $23,328Average Assets, quarterly
  • $828Volatile liabilities
  • $19,719Insider loans
  • $24,575FHLB advances
  • $13,023Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,615Total unused commitments
  • $0Restructured Loans and leases
  • $227Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $1,825Total interest income
  • $943Total interest expense
  • $882Net interest income
  • $150Provision for loan and lease losses
  • $13Total noninterest income
  • $0Fiduciary activities
  • $4Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9Additional noninterest income
  • $697Total noninterest expense
  • $410Salaries and employee benefits
  • $137Premises and equipment expense
  • $150Additional noninterest expense
  • $48Pre-tax net operating income
  • $0Securities gains (losses)
  • $20Applicable income taxes
  • $28Income before extraordinary items
  • $0Extraordinary gains - net
  • $28Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.68%Yield on earning assets
  • 5.00%Cost of funding earning assets
  • 4.68%Net interest margin
  • 0.07%Noninterest income to earning assets
  • 3.70%Noninterest expense to earning assets
  • 0.14%Net operating income to assets
  • 0.14%Return on assets (ROA)
  • 0.24%Pretax return on assets
  • 0.86%Return on equity (ROE)
  • 0.86%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 77,877Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 92.35%Net loans and leases to core deposits
  • 240.00%Equity capital to assets
  • 13.53%Core capital (leverage) ratio
  • 13.90%Tier 1 risk-based capital ratio
  • 18.12%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $19,719Average earning assets
  • $3,262Average equity
  • $18,845Average loans

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