First National Bank of Crystal Falls in city_name, state_name

First National Bank of Crystal Falls in Crystal Falls, Michigan (MI)
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First National Bank of Crystal Falls routing number info

First National Bank of Crystal Falls - Overview

General
FDIC Certificate #: 14775
Status: Active
Federal Reserve ID: 230254
Bank Holding Company (Regulatory Top Holder): C.F.c. Bancorp, Inc. (RSSDID: 1133697, Location: Crystal Falls, MI)
Date Established: September 24, 1934
WWW: http://www.bankfnb.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 10407
FDIC's unique #: 9241
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: September 24, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 125 Superior Avenue, Crystal Falls, MI 49920
County: Iron
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Appleton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $71.4 mil
Equity capital: $9.1 mil
Deposits held in domestic offices: $61.6 mil
Return on assets (ROA): 0.41% ($0.3 mil)
Quarterly return on assets: 0.64% ($0.5 mil)
Return on Equity (ROE): 3.19% ($0.3 mil)
Quarterly return on equity: 5.14% ($0.5 mil)
Net income: $0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.41% ($292.7 mil)
Quarterly Pretax return on assets: 0.64% ($457.0 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
21Total employees (full-time equivalent)
$71,400Total assets
$25,174Cash and due from depository institutions
$23,152Interest-bearing balances
$4,213Securities
$418Federal funds sold & reverse repurchase agreements
$36,796Net loans & leases
$493Loan loss allowance
$0Trading account assets
$1,430Bank premises and fixed assets
$711Other real estate owned
$0Goodwill and other intangibles
$71,400Life insurance assets
$2,658All other assets
$62,324Total liabilities and capital
$61,575Total liabilities
$54,816Total deposits
$61,575Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$487Trading liabilities
$0Other borrowed funds
$262Subordinated debt
$9,076All other liabilities
$9,076Total equity capital
$9,076Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$400Surplus
$8,276Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$505Income earned, not collected on loans
$0Earning assets
$156Long-term assets (5+ years)
$64,579Average Assets, year-to-date
$14,228Average Assets, quarterly
$69,898Volatile liabilities
$72,648Insider loans
$36,612FHLB advances
$72,279Loans and leases held for sale
$1,885Unused loan commitments
$1,885Tier 1 (core) risk-based capital
$9,076Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,381Restructured Loans and leases
$1,432Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,516Total interest income
$493Total interest expense
$2,023Net interest income
$30Provision for loan and lease losses
$175Total noninterest income
$0Fiduciary activities
$82Service charges on deposit accounts
$0Trading account gains & fees
$93Additional noninterest income
$1,878Total noninterest expense
$1,009Salaries and employee benefits
$289Premises and equipment expense
$580Additional noninterest expense
$290Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$290Income before extraordinary items
$0Extraordinary gains - net
$290Net income attributable to bank
$0Net charge-offs
$290Cash dividends
$37Sale, conversion, retirement of capital stock, net
$230Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.96%Yield on earning assets
0.78%Cost of funding earning assets
3.18%Net interest margin
0.28%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
0.41%Net operating income to assets
0.41%Return on assets (ROA)
0.41%Pretax return on assets
3.19%Return on equity (ROE)
0.66%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
81.08%Credit loss provision to net charge-offs
8.65%Efficiency ratio
85,441Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.31%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
97.62%Noncurrent assets plus other real estate owned to assets
1.70%Noncurrent loans to loans
1.35%Net loans and leases to deposits
59.76%Net loans and leases to core deposits
59.76%Equity capital to assets
12.71%Core capital (leverage) ratio
12.56%Tier 1 risk-based capital ratio
24.79%Total risk-based capital ratio
Memoranda
$26Average assets
$69,898Average earning assets
$9,079Average equity
$63,536Average loans

List of branches

3 Michigan Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9241	First National Bank Of Crystal Falls	125 Superior Avenue, Crystal Falls, MI 49920	September 24, 1934	Full Service Brick and Mortar
1	232090	North Dickinson Branch	M-69 At Sagola Avenue, Sagola, MI 49881	September 11, 1978	Full Service Brick and Mortar
2	232091	Jubilee Foods Branch	1363 Us Highway 2, Crystal Falls, MI 49920	November 16, 1998	Full Service Retail

First National Bank of Crystal Falls in Crystal Falls, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Crystal Falls - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First National Bank of Crystal Falls in Crystal Falls, Michigan (MI)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Crystal Falls - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First National Bank of Crystal Falls in Crystal Falls, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches