Century Bank and Trust in city_name, state_name - Detailed Financial Reports, Location

Century Bank and Trust in Coldwater, Michigan (MI)
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Century Bank and Trust routing number info

Century Bank and Trust - Overview

General
FDIC Certificate #: 5015
Status: Active
Federal Reserve ID: 694847
Bank Holding Company (Regulatory Top Holder): Century Financial Corporation (RSSDID: 1491856, Location: Coldwater, MI)
Date Established: January 01, 1909
WWW: http://www.centurybankandtrust.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 13 (Domestic: 13, Interstate: No)
OTS Docket #: 9914
FDIC's unique #: 3345
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: January 01, 1934
Last Structure Change Effective Date: January 27, 2011
Last Structure Change Process Date: January 27, 2011
Last Data Update: January 27, 2011
Data Source Date: April 05, 2012
Location
Address: 100 West Chicago Street, Coldwater, MI 49036
County: Branch
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Grand Rapids
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Coldwater, MI (#17740)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $250.6 mil
Equity capital: $26.9 mil
Deposits held in domestic offices: $219.7 mil
Return on assets (ROA): 0.44% ($1.1 mil)
Quarterly return on assets: -0.16% (-$0.4 mil)
Return on Equity (ROE): 4.10% ($1.1 mil)
Quarterly return on equity: -1.47% (-$0.4 mil)
Net income: $1.1 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 0.49% ($1,227.9 mil)
Quarterly Pretax return on assets: -0.29% (-$726.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
120Total employees (full-time equivalent)
$250,601Total assets
$28,637Cash and due from depository institutions
$21,358Interest-bearing balances
$52,491Securities
$3,500Federal funds sold & reverse repurchase agreements
$146,900Net loans & leases
$3,025Loan loss allowance
$0Trading account assets
$5,396Bank premises and fixed assets
$670Other real estate owned
$348Goodwill and other intangibles
$250,601Life insurance assets
$12,659All other assets
$223,733Total liabilities and capital
$219,722Total liabilities
$181,314Total deposits
$219,722Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$4,011Subordinated debt
$26,868All other liabilities
$26,868Total equity capital
$26,868Total bank equity capital
$0Perpetual preferred stock
$2,936Common stock
$15,000Surplus
$8,932Undivided profits
Memoranda
$0Noncurrent loans and leases
$685Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,957Income earned, not collected on loans
$0Earning assets
$1,005Long-term assets (5+ years)
$224,249Average Assets, year-to-date
$18,617Average Assets, quarterly
$255,117Volatile liabilities
$252,410Insider loans
$175,692FHLB advances
$250,829Loans and leases held for sale
$7,151Unused loan commitments
$5,598Tier 1 (core) risk-based capital
$29,181Tier 2 risk-based capital
$0Total risk weighted assets
$1,553Total unused commitments
$27,004Restructured Loans and leases
$6,751Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$9,376Total interest income
$1,063Total interest expense
$8,313Net interest income
$1,716Provision for loan and lease losses
$3,875Total noninterest income
$1,392Fiduciary activities
$899Service charges on deposit accounts
$0Trading account gains & fees
$1,584Additional noninterest income
$9,230Total noninterest expense
$4,775Salaries and employee benefits
$1,746Premises and equipment expense
$2,709Additional noninterest expense
$1,242Pre-tax net operating income
$0Securities gains (losses)
$132Applicable income taxes
$1,110Income before extraordinary items
$0Extraordinary gains - net
$1,110Net income attributable to bank
$0Net charge-offs
$1,110Cash dividends
$2,406Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.09%Yield on earning assets
0.46%Cost of funding earning assets
3.63%Net interest margin
1.69%Noninterest income to earning assets
4.03%Noninterest expense to earning assets
0.44%Net operating income to assets
0.44%Return on assets (ROA)
0.49%Pretax return on assets
4.10%Return on equity (ROE)
4.10%Retained earnings to average equity (YTD only)
1.51%Net charge-offs to loans
71.32%Credit loss provision to net charge-offs
1.23%Efficiency ratio
75,730Assets per employee
2.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.02%Loss allowance to noncurrent loans
61.02%Noncurrent assets plus other real estate owned to assets
2.25%Noncurrent loans to loans
3.31%Net loans and leases to deposits
66.86%Net loans and leases to core deposits
72.90%Equity capital to assets
10.72%Core capital (leverage) ratio
11.63%Tier 1 risk-based capital ratio
16.61%Total risk-based capital ratio
Memoranda
$18Average assets
$255,117Average earning assets
$27,052Average equity
$228,999Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$240,276Managed Assets
1Number of Accounts
$224,750Personal trust and agency accounts
$63,659Employee benefit-defined contribution accounts
$20,241Employee benefit-defined benefit accounts
$7,197Other retirement accounts
$25,217Corporate trust and agency accounts
$0Investment management agency accounts
$99,450Other fiduciary accounts
$8,950Fiduciary accounts held in foreign offices
$36Non-managed Assets
608Number of Accounts
$0Personal trust and agency accounts
$25,217Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$15,526Other retirement accounts
$15,262Corporate trust and agency accounts
$254Other fiduciary accounts
$10Fiduciary accounts held in foreign offices

List of branches

13 Michigan Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	3345	Century Bank And Trust	100 West Chicago Street, Coldwater, MI 49036	January 01, 1909	Full Service Brick and Mortar
1	206408	Nottawa Branch	25985 M-86, Nottawa, MI 49075	April 23, 1973	Limited Service Facility
4	228192	Auto Bank Drive-In Branch	66 North Monroe Street, Coldwater, MI 49036	September 23, 1957	Limited Service Facility
5	228193	Fairfield Plaza Branch	496 Marshall Street, Coldwater, MI 49036	July 19, 1963	Limited Service Facility
6	228194	Reading Branch	108 North Main Street, Reading, MI 49274	April 04, 1939	Full Service Brick and Mortar
8	228196	East Branch	745 East Chicago Road, Coldwater, MI 49036	April 30, 1980	Limited Service Facility
9	206411	Sturgis West Branch	201 South Centerville Road, Sturgis Township, MI 49091	December 07, 1981	Limited Service Facility
10	206412	Sturgis Main	300 West Chicago Road, Sturgis, MI 49091	April 06, 1992	Full Service Brick and Mortar
11	206413	Bronson Branch	106 East Chicago Road, Bronson, MI 49028	September 27, 1993	Full Service Brick and Mortar
12	206414	Sturgis North	1031 North Nottawa Street, Sturgis, MI 49091	Febuary 13, 1996	Limited Service Facility
13	362851	Quincy Branch	109 West Chicago Street, Quincy, MI 49082	January 18, 2002	Full Service Brick and Mortar
14	492974	Three Rivers Branch	1310 W Broadway, Three Rivers, MI 49093	July 01, 2008	Full Service Brick and Mortar
15	503132	Messenger Service	100 West Chicago Street, Coldwater, MI 49036	Febuary 16, 2010	Limited Service Messenger

Century Bank and Trust in Coldwater, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Century Bank and Trust - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Century Bank and Trust in Coldwater, Michigan (MI)Overview, Financial Summary, Detailed Financial Reports, Branches

Century Bank and Trust - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Century Bank and Trust in Coldwater, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches