FDIC Certificate #: 12893 Status: Active Federal Reserve ID: 654047 Date Established: January 01, 1870 WWW:http://www.fsbdecatur.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 10423 FDIC's unique #: 8162 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: All Other Specialization < 1 Billion Date of Deposit Insurance: January 02, 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: 124 Phelps Street, Decatur, MI 49045 County: Van Buren 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 Metropolitan Statistical Area (MSA): Kalamazoo-Battle Creek, MI (#3720) Core Based Statistical Area (CBSA): Kalamazoo-Portage, MI (#28020) CBSA Metro Statistical Area: Kalamazoo-Portage, MI (#28020)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $56.2 mil Equity capital: $10.3 mil Deposits held in domestic offices: $45.4 mil Return on assets (ROA): 0.88% ($0.5 mil) Quarterly return on assets: 1.04% ($0.6 mil) Return on Equity (ROE): 5.03% ($0.5 mil) Quarterly return on equity: 5.79% ($0.6 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.96% ($539.2 mil) Quarterly Pretax return on assets: 1.01% ($567.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$56,167Total assets
$6,497Cash and due from depository institutions
$5,345Interest-bearing balances
$15,695Securities
$0Federal funds sold & reverse repurchase agreements
$32,335Net loans & leases
$513Loan loss allowance
$0Trading account assets
$291Bank premises and fixed assets
$569Other real estate owned
$0Goodwill and other intangibles
$56,167Life insurance assets
$780All other assets
$45,867Total liabilities and capital
$45,403Total liabilities
$41,172Total deposits
$45,403Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$49Trading liabilities
$0Other borrowed funds
$415Subordinated debt
$10,300All other liabilities
$10,300Total equity capital
$10,300Total bank equity capital
$0Perpetual preferred stock
$88Common stock
$2,913Surplus
$7,299Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,114Income earned, not collected on loans
$0Earning assets
$202Long-term assets (5+ years)
$53,375Average Assets, year-to-date
$15,141Average Assets, quarterly
$57,187Volatile liabilities
$57,220Insider loans
$26,582FHLB advances
$56,481Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,066Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,404Restructured Loans and leases
$517Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,508Total interest income
$509Total interest expense
$1,999Net interest income
$65Provision for loan and lease losses
$204Total noninterest income
$0Fiduciary activities
$143Service charges on deposit accounts
$0Trading account gains & fees
$61Additional noninterest income
$1,589Total noninterest expense
$909Salaries and employee benefits
$174Premises and equipment expense
$506Additional noninterest expense
$549Pre-tax net operating income
$0Securities gains (losses)
$45Applicable income taxes
$504Income before extraordinary items
$0Extraordinary gains - net
$504Net income attributable to bank
$0Net charge-offs
$504Cash dividends
$220Sale, conversion, retirement of capital stock, net
$123Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.61%Yield on earning assets
0.94%Cost of funding earning assets
3.68%Net interest margin
0.38%Noninterest income to earning assets
2.92%Noninterest expense to earning assets
0.88%Net operating income to assets
0.88%Return on assets (ROA)
0.96%Pretax return on assets
5.03%Return on equity (ROE)
3.80%Retained earnings to average equity (YTD only)
0.65%Net charge-offs to loans
29.55%Credit loss provision to net charge-offs
2.79%Efficiency ratio
72,129Assets per employee
3.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.40%Loss allowance to loans
1.56%Loss allowance to noncurrent loans
46.05%Noncurrent assets plus other real estate owned to assets
3.00%Noncurrent loans to loans
3.39%Net loans and leases to deposits
71.22%Net loans and leases to core deposits
72.50%Equity capital to assets
18.34%Core capital (leverage) ratio
17.82%Tier 1 risk-based capital ratio
37.87%Total risk-based capital ratio
Memoranda
$39Average assets
$57,187Average earning assets
$10,014Average equity
$54,350Average loans
List of branches
1 Michigan Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8162
First State Bank Of Decatur
124 Phelps Street, Decatur, MI 49045
January 01, 1870
Full Service Brick and Mortar
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