Community Central Bank in Mount Clemens, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 29, 2011

  • Community Central Bank in Mount Clemens, Michigan (MI)
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Community Central Bank routing number info

Community Central Bank - Overview

  • General
  • FDIC Certificate #: 34234
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Talmer Bank and Trust (#58132)
    Federal Reserve ID: 2443535
    Date Established: October 28, 1996
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 56993
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 28, 1996
    Last Structure Change Effective Date: April 29, 2011
    Last Structure Change Process Date: May 03, 2011
    Last Data Update: May 03, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 North Main Street, Mount Clemens, MI 48046
    County: Macomb
    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: $451.7 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, 2010)

  • Dollar figures in thousands
  • 87Total employees (full-time equivalent)
  • $476,334Total assets
  • $40,433Cash and due from depository institutions
  • $36,824Interest-bearing balances
  • $38,336Securities
  • $657Federal funds sold & reverse repurchase agreements
  • $355,666Net loans & leases
  • $19,473Loan loss allowance
  • $0Trading account assets
  • $9,048Bank premises and fixed assets
  • $11,825Other real estate owned
  • $0Goodwill and other intangibles
  • $8,186Life insurance assets
  • $20,369All other assets
  • $476,334Total liabilities and capital
  • $467,756Total liabilities
  • $385,350Total deposits
  • $342,111Interest-bearing deposits
  • $385,350Deposits held in domestic offices
  • 96.94%% insured (estimated)
  • $26,733Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $53,509Other borrowed funds
  • $0Subordinated debt
  • $2,164All other liabilities
  • $8,578Total equity capital
  • $8,578Total bank equity capital
  • $8,578Perpetual preferred stock
  • $0Common stock
  • $3,750Surplus
  • $40,692Undivided profits
  • Memoranda
  • $-35,864Noncurrent loans and leases
  • $56,520Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $40,360Earning assets
  • $36Long-term assets (5+ years)
  • $1,601Average Assets, year-to-date
  • $431,483Average Assets, quarterly
  • $73,075Volatile liabilities
  • $528,009Insider loans
  • $496,309FHLB advances
  • $137,858Loans and leases held for sale
  • $14,964Unused loan commitments
  • $53,509Tier 1 (core) risk-based capital
  • $10,569Tier 2 risk-based capital
  • $3,537Total risk weighted assets
  • $56,520Total unused commitments
  • $13,997Restructured Loans and leases
  • $4,682Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $25,347Total interest income
  • $12,154Total interest expense
  • $13,193Net interest income
  • $22,250Provision for loan and lease losses
  • $5,499Total noninterest income
  • $257Fiduciary activities
  • $375Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,867Additional noninterest income
  • $19,878Total noninterest expense
  • $10,117Salaries and employee benefits
  • $1,721Premises and equipment expense
  • $8,040Additional noninterest expense
  • -$23,436Pre-tax net operating income
  • $182Securities gains (losses)
  • $2,998Applicable income taxes
  • -$26,252Income before extraordinary items
  • $0Extraordinary gains - net
  • -$26,252Net income attributable to bank
  • $0Net charge-offs
  • -$26,252Cash dividends
  • $15,734Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.45%Yield on earning assets
  • 2.61%Cost of funding earning assets
  • 2.84%Net interest margin
  • 1.18%Noninterest income to earning assets
  • 4.27%Noninterest expense to earning assets
  • -5.01%Net operating income to assets
  • -4.97%Return on assets (ROA)
  • -4.40%Pretax return on assets
  • -120.17%Return on equity (ROE)
  • -120.17%Retained earnings to average equity (YTD only)
  • 3.96%Net charge-offs to loans
  • 141.41%Credit loss provision to net charge-offs
  • -0.08%Efficiency ratio
  • 100,931Assets per employee
  • 5.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.19%Loss allowance to noncurrent loans
  • 48.25%Noncurrent assets plus other real estate owned to assets
  • 10.96%Noncurrent loans to loans
  • 10.76%Net loans and leases to deposits
  • 92.30%Net loans and leases to core deposits
  • 120.76%Equity capital to assets
  • 1.80%Core capital (leverage) ratio
  • 1.66%Tier 1 risk-based capital ratio
  • 2.37%Total risk-based capital ratio
  • Memoranda
  • $4Average assets
  • $528,009Average earning assets
  • $21,845Average equity
  • $465,336Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $72,161Managed Assets
  • 1Number of Accounts
  • $53,450Personal trust and agency accounts
  • $53,450Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 48Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $18,711Other retirement accounts
  • $17,405Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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