Firstbank - St. Johns in Saint Johns, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 2011

  • Firstbank - St. Johns in Saint Johns, Michigan (MI)
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Firstbank - St. Johns routing number info

Firstbank - St. Johns - Overview

  • General
  • FDIC Certificate #: 35577
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstbank - Alma (#9108)
    Federal Reserve ID: 2883038
    Date Established: June 16, 2000
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 82005
    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: June 16, 2000
    Last Structure Change Effective Date: September 30, 2011
    Last Structure Change Process Date: October 07, 2011
    Last Data Update: October 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 N. Clinton Avenue, 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: $100.4 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
  • 23Total employees (full-time equivalent)
  • $94,813Total assets
  • $7,880Cash and due from depository institutions
  • $6,362Interest-bearing balances
  • $14,939Securities
  • $70Federal funds sold & reverse repurchase agreements
  • $66,666Net loans & leases
  • $1,957Loan loss allowance
  • $0Trading account assets
  • $3,154Bank premises and fixed assets
  • $198Other real estate owned
  • $398Goodwill and other intangibles
  • $0Life insurance assets
  • $1,508All other assets
  • $94,813Total liabilities and capital
  • $86,935Total liabilities
  • $84,946Total deposits
  • $75,788Interest-bearing deposits
  • $84,946Deposits held in domestic offices
  • 78.37%% insured (estimated)
  • $724Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,000Other borrowed funds
  • $0Subordinated debt
  • $265All other liabilities
  • $7,878Total equity capital
  • $7,878Total bank equity capital
  • $7,878Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $4,800Undivided profits
  • Memoranda
  • $1,078Noncurrent loans and leases
  • $8,233Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,160Earning assets
  • $0Long-term assets (5+ years)
  • $379Average Assets, year-to-date
  • $88,037Average Assets, quarterly
  • $25,096Volatile liabilities
  • $98,715Insider loans
  • $95,924FHLB advances
  • $22,817Loans and leases held for sale
  • $5,326Unused loan commitments
  • $1,000Tier 1 (core) risk-based capital
  • $683Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,233Total unused commitments
  • $207Restructured Loans and leases
  • $872Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $4,718Total interest income
  • $1,172Total interest expense
  • $3,546Net interest income
  • $1,574Provision for loan and lease losses
  • $851Total noninterest income
  • $0Fiduciary activities
  • $143Service charges on deposit accounts
  • $0Trading account gains & fees
  • $708Additional noninterest income
  • $3,018Total noninterest expense
  • $1,094Salaries and employee benefits
  • $285Premises and equipment expense
  • $1,639Additional noninterest expense
  • -$195Pre-tax net operating income
  • $4Securities gains (losses)
  • -$80Applicable income taxes
  • -$111Income before extraordinary items
  • $0Extraordinary gains - net
  • -$111Net income attributable to bank
  • $0Net charge-offs
  • -$111Cash dividends
  • $993Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.15%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 3.87%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • -0.12%Net operating income to assets
  • -0.11%Return on assets (ROA)
  • -0.19%Pretax return on assets
  • -1.40%Return on equity (ROE)
  • -1.40%Retained earnings to average equity (YTD only)
  • 1.39%Net charge-offs to loans
  • 158.51%Credit loss provision to net charge-offs
  • 1.39%Efficiency ratio
  • 68,638Assets per employee
  • 4.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.85%Loss allowance to noncurrent loans
  • 47.04%Noncurrent assets plus other real estate owned to assets
  • 4.60%Noncurrent loans to loans
  • 6.06%Net loans and leases to deposits
  • 78.48%Net loans and leases to core deposits
  • 106.07%Equity capital to assets
  • 8.31%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 11.40%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $98,715Average earning assets
  • $7,943Average equity
  • $91,556Average loans

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