First of America Bank-Southeast Michigan, National Association in city_name, state_name

First of America Bank-Southeast Michigan, National Association in Detroit, Michigan (MI)
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First of America Bank-Southeast Michigan, National Association - Overview

General
FDIC Certificate #: 16774
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National City Bank of the Midwest (#5029)
Federal Reserve ID: 238643
Date Established: March 01, 1949
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 149 (Interstate: No)
FDIC's unique #: 10886
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: March 01, 1949
Last Structure Change Effective Date: December 31, 1994
Last Structure Change Process Date: Febuary 01, 1995
Last Data Update: Febuary 01, 1995
Data Source Date: April 05, 2012
Location
Address: Penobscott Building, 645 Griswold Street, Detroit, MI 48226
County: Wayne
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: Detroit-Livonia-Dearborn, MI (#19804)
Financial Summary
Total assets: $6,367.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$1,434Total assets
$4,039,703Cash and due from depository institutions
$239,342Interest-bearing balances
$0Securities
$1,114,567Federal funds sold & reverse repurchase agreements
$10,099Net loans & leases
$2,565,675Loan loss allowance
$35,924Trading account assets
$0Bank premises and fixed assets
$44,331Other real estate owned
$8,705Goodwill and other intangibles
$52,473Life insurance assets
$4,511All other assets
$0Total liabilities and capital
$4,039,703Total liabilities
$3,764,941Total deposits
$3,512,941Interest-bearing deposits
$2,828,616Deposits held in domestic offices
3512941.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$225,613Trading liabilities
$0Other borrowed funds
$337Subordinated debt
$0All other liabilities
$26,050Total equity capital
$26,050Total bank equity capital
$274,762Perpetual preferred stock
$0Common stock
$46,943Surplus
$97,553Undivided profits
Memoranda
$130,266Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$54,749Income earned, not collected on loans
$12,210Earning assets
$3,690,341Long-term assets (5+ years)
$1,290,447Average Assets, year-to-date
$4,014,631Average Assets, quarterly
$4,063,252Volatile liabilities
$514,667Insider loans
$30,834FHLB advances
$0Loans and leases held for sale
$15,229Unused loan commitments
$743,690Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$260,398Total risk weighted assets
$2,679,025Total unused commitments
$0Restructured Loans and leases
$71,560Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$285,004Total interest expense
$104,873Net interest income
$180,131Provision for loan and lease losses
$24,712Total noninterest income
$40,845Fiduciary activities
$11,392Service charges on deposit accounts
$17,579Trading account gains & fees
$560Additional noninterest income
$11,314Total noninterest expense
$133,505Salaries and employee benefits
$42,877Premises and equipment expense
$13,028Additional noninterest expense
$77,600Pre-tax net operating income
$62,759Securities gains (losses)
$4,864Applicable income taxes
$20,224Income before extraordinary items
$47,399Extraordinary gains - net
$2,400Net income attributable to bank
$49,799Net charge-offs
$17,847Cash dividends
$50,300Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.72%Cost of funding earning assets
2.84%Net interest margin
4.88%Noninterest income to earning assets
1.11%Noninterest expense to earning assets
3.62%Net operating income to assets
1.10%Return on assets (ROA)
1.24%Pretax return on assets
1.74%Return on equity (ROE)
18.47%Retained earnings to average equity (YTD only)
-0.19%Net charge-offs to loans
0.71%Credit loss provision to net charge-offs
138.47%Efficiency ratio
60,091Assets per employee
2.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
101.01%Loss allowance to loans
1.38%Loss allowance to noncurrent loans
65.62%Noncurrent assets plus other real estate owned to assets
1.57%Noncurrent loans to loans
2.10%Net loans and leases to deposits
73.03%Net loans and leases to core deposits
79.57%Equity capital to assets
6.80%Core capital (leverage) ratio
6.41%Tier 1 risk-based capital ratio
9.72%Total risk-based capital ratio
Memoranda
$11Average assets
$4,014,631Average earning assets
$269,573Average equity
$3,691,640Average loans

Daphne A Johnson

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trying to get letter of pay off on jet ski dated 06-07 -1993 Andrew Bray (deceased)2019 need to tranfer to younger brother.I am requesting lein letter

First of America Bank-Southeast Michigan, National Association in Detroit, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

First of America Bank-Southeast Michigan, National Association - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

First of America Bank-Southeast Michigan, National Association in Detroit, Michigan (MI)Overview, Financial Summary, Detailed Financial Reports, Branches

First of America Bank-Southeast Michigan, National Association - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

First of America Bank-Southeast Michigan, National Association in Detroit, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches