FDIC Certificate #: 34953 Status: Active Federal Reserve ID: 2737980 Bank Holding Company (Regulatory Top Holder): Northpointe Bancshares, Inc. (RSSDID: 2737814, Location: Grand Rapids, MI) Date Established: May 21, 1999 WWW:http://www.northpointe.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) FDIC's unique #: 62127 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: Mortgage Lending Specialization Date of Deposit Insurance: May 21, 1999 Last Structure Change Effective Date: March 06, 2007 Last Structure Change Process Date: March 06, 2007 Last Data Update: March 06, 2007 Data Source Date: April 05, 2012
Location
Address: 3333 Deposit Drive Ne, Grand Rapids, MI 49546 County: Kent 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): Grand Rapids-Muskegon-Holland, MI (#3000) Combined Statistical Area (CSA): Grand Rapids-Muskegon-Holland, MI (#266) Core Based Statistical Area (CBSA): Grand Rapids-Wyoming, MI (#24340) CBSA Metro Statistical Area: Grand Rapids-Wyoming, MI (#24340)
Financial Summary
Total assets: $298.8 mil Equity capital: $15.9 mil Deposits held in domestic offices: $242.1 mil Return on assets (ROA): 1.11% ($3.3 mil) Quarterly return on assets: 3.22% ($9.6 mil) Return on Equity (ROE): 22.58% ($3.6 mil) Quarterly return on equity: 64.76% ($10.4 mil) Net income: $3.1 mil Quarterly Net income: $2.4 mil Pretax return on assets: 0.66% ($1,972.4 mil) Quarterly Pretax return on assets: 1.53% ($4,572.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
78Total employees (full-time equivalent)
$298,844Total assets
$8,238Cash and due from depository institutions
$7,158Interest-bearing balances
$5,782Securities
$0Federal funds sold & reverse repurchase agreements
$262,574Net loans & leases
$5,626Loan loss allowance
$0Trading account assets
$12,229Bank premises and fixed assets
$2,333Other real estate owned
$0Goodwill and other intangibles
$298,844Life insurance assets
$7,688All other assets
$282,900Total liabilities and capital
$242,122Total liabilities
$239,403Total deposits
$242,122Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$39,780Trading liabilities
$0Other borrowed funds
$998Subordinated debt
$15,944All other liabilities
$15,944Total equity capital
$15,944Total bank equity capital
$0Perpetual preferred stock
$2,625Common stock
$16,708Surplus
$-3,389Undivided profits
Memoranda
$0Noncurrent loans and leases
$106,921Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,670Income earned, not collected on loans
$0Earning assets
$1,203Long-term assets (5+ years)
$275,514Average Assets, year-to-date
$102,979Average Assets, quarterly
$277,881Volatile liabilities
$296,032Insider loans
$191,246FHLB advances
$283,457Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$15,429Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,632Restructured Loans and leases
$3,854Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$17,389Total interest income
$5,547Total interest expense
$11,842Net interest income
$2,224Provision for loan and lease losses
$1,986Total noninterest income
$0Fiduciary activities
$18Service charges on deposit accounts
$0Trading account gains & fees
$1,968Additional noninterest income
$9,637Total noninterest expense
$5,425Salaries and employee benefits
$884Premises and equipment expense
$3,328Additional noninterest expense
$1,967Pre-tax net operating income
-$135Securities gains (losses)
-$1,250Applicable income taxes
$3,082Income before extraordinary items
$0Extraordinary gains - net
$3,082Net income attributable to bank
$0Net charge-offs
$3,082Cash dividends
$3,527Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.81%Yield on earning assets
2.17%Cost of funding earning assets
4.64%Net interest margin
0.78%Noninterest income to earning assets
3.78%Noninterest expense to earning assets
1.16%Net operating income to assets
1.11%Return on assets (ROA)
0.66%Pretax return on assets
22.58%Return on equity (ROE)
22.58%Retained earnings to average equity (YTD only)
1.50%Net charge-offs to loans
63.06%Credit loss provision to net charge-offs
1.19%Efficiency ratio
69,692Assets per employee
3.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.10%Loss allowance to noncurrent loans
58.18%Noncurrent assets plus other real estate owned to assets
4.11%Noncurrent loans to loans
3.61%Net loans and leases to deposits
108.45%Net loans and leases to core deposits
116.93%Equity capital to assets
5.34%Core capital (leverage) ratio
5.44%Tier 1 risk-based capital ratio
8.07%Total risk-based capital ratio
Memoranda
$9Average assets
$277,881Average earning assets
$13,649Average equity
$255,162Average loans
List of branches
1 Michigan Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
62127
Northpointe Bank
3333 Deposit Drive Ne, Grand Rapids, MI 49546
May 21, 1999
Full Service Brick and Mortar
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