City Bank in city_name, state_name - Detailed Financial Reports, Location

City Bank in Saint Johns, Michigan (MI)
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City Bank - Overview

General
FDIC Certificate #: 5047
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens Bank (#986)
Federal Reserve ID: 953245
Date Established: August 01, 1865
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 12 (Interstate: No)
FDIC's unique #: 3370
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: January 01, 1934
Last Structure Change Effective Date: July 01, 1997
Last Structure Change Process Date: August 19, 1997
Last Data Update: August 19, 1997
Data Source Date: April 05, 2012
Location
Address: 200 West Higham Street, Saint Johns, MI 48879
County: Clinton
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): Lansing-East Lansing, MI (#4040)
Combined Statistical Area (CSA): Lansing-East Lansing-Owosso, MI (#330)
Core Based Statistical Area (CBSA): Lansing-East Lansing, MI (#29620)
CBSA Metro Statistical Area: Lansing-East Lansing, MI (#29620)
Financial Summary
Total assets: $211.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$79Total assets
$208,245Cash and due from depository institutions
$11,947Interest-bearing balances
$0Securities
$11,874Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$177,852Loan loss allowance
$1,988Trading account assets
$0Bank premises and fixed assets
$4,257Other real estate owned
$30Goodwill and other intangibles
$2,256Life insurance assets
$29All other assets
$0Total liabilities and capital
$208,245Total liabilities
$195,932Total deposits
$171,792Interest-bearing deposits
$144,267Deposits held in domestic offices
171792.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$21,250Trading liabilities
$0Other borrowed funds
$526Subordinated debt
$0All other liabilities
$2,364Total equity capital
$2,364Total bank equity capital
$12,313Perpetual preferred stock
$0Common stock
$2,341Surplus
$7,059Undivided profits
Memoranda
$2,913Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$845Income earned, not collected on loans
$949Earning assets
$189,726Long-term assets (5+ years)
$62,030Average Assets, year-to-date
$193,017Average Assets, quarterly
$203,508Volatile liabilities
$31,599Insider loans
$7,657FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$36,453Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$12,276Total risk weighted assets
$159,048Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$15,214Total interest expense
$6,421Net interest income
$8,793Provision for loan and lease losses
$1,649Total noninterest income
$1,188Fiduciary activities
$0Service charges on deposit accounts
$675Trading account gains & fees
$0Additional noninterest income
$513Total noninterest expense
$6,612Salaries and employee benefits
$2,516Premises and equipment expense
$1,240Additional noninterest expense
$2,856Pre-tax net operating income
$1,720Securities gains (losses)
$56Applicable income taxes
$554Income before extraordinary items
$1,222Extraordinary gains - net
$0Net income attributable to bank
$1,222Net charge-offs
$697Cash dividends
$1,656Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.62%Cost of funding earning assets
3.64%Net interest margin
4.98%Noninterest income to earning assets
0.67%Noninterest expense to earning assets
3.74%Net operating income to assets
0.61%Return on assets (ROA)
0.63%Pretax return on assets
0.92%Return on equity (ROE)
9.61%Retained earnings to average equity (YTD only)
-3.41%Net charge-offs to loans
0.45%Credit loss provision to net charge-offs
236.59%Efficiency ratio
66,246Assets per employee
2.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
135.52%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
235.27%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.47%Net loans and leases to deposits
103.53%Net loans and leases to core deposits
110.02%Equity capital to assets
5.91%Core capital (leverage) ratio
5.65%Tier 1 risk-based capital ratio
7.72%Total risk-based capital ratio
Memoranda
$9Average assets
$193,017Average earning assets
$12,722Average equity
$176,575Average loans

City Bank in Saint Johns, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

City Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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City Bank in Saint Johns, Michigan (MI)Overview, Financial Summary, Detailed Financial Reports, Branches

City Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

City Bank in Saint Johns, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches