Auto Club Trust, FSB in Dearborn, Michigan (MI), NE
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Auto Club Trust, FSB in Dearborn, Michigan (MI), NE
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Auto Club Trust, FSB - Overview

  • General
  • FDIC Certificate #: 35115
    Status: Active
    Federal Reserve ID: 2860459
    Date Established: November 30, 1999
    WWW: http://www.autoclubtrust.comaaabanknebraska
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: Yes)
    OTS Docket #: 15850
    FDIC's unique #: 74904
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: November 30, 1999
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: One Auto Club Drive, Dearborn, MI 48126
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $70.8 mil
    Equity capital: $54.3 mil
    Deposits held in domestic offices: $15.5 mil
    Return on assets (ROA): -6.17% (-$4.4 mil)
    Quarterly return on assets: -4.15% (-$2.9 mil)
    Return on Equity (ROE): -7.40% (-$4.0 mil)
    Quarterly return on equity: -5.35% (-$2.9 mil)
    Net income: -$2.6 mil
    Quarterly Net income: -$0.7 mil
    Pretax return on assets: -6.17% (-$4,366.3 mil)
    Quarterly Pretax return on assets: -4.15% (-$2,936.8 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)
  • $70,766Total assets
  • $1,773Cash and due from depository institutions
  • $1,622Interest-bearing balances
  • $66,631Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,231Net loans & leases
  • $19Loan loss allowance
  • $0Trading account assets
  • $692Bank premises and fixed assets
  • $0Other real estate owned
  • $62Goodwill and other intangibles
  • $70,766Life insurance assets
  • $377All other assets
  • $16,422Total liabilities and capital
  • $15,530Total liabilities
  • $15,153Total deposits
  • $15,530Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $892Subordinated debt
  • $54,344All other liabilities
  • $54,344Total equity capital
  • $54,344Total bank equity capital
  • $0Perpetual preferred stock
  • $21,808Common stock
  • $35,491Surplus
  • $-2,955Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $233Long-term assets (5+ years)
  • $69,484Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $42,162Volatile liabilities
  • $70,437Insider loans
  • $15,409FHLB advances
  • $69,542Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $53,120Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,088Total interest income
  • $97Total interest expense
  • $991Net interest income
  • $19Provision for loan and lease losses
  • $251Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $251Additional noninterest income
  • $3,825Total noninterest expense
  • $1,690Salaries and employee benefits
  • $592Premises and equipment expense
  • $1,543Additional noninterest expense
  • -$2,602Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$2,602Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,602Net income attributable to bank
  • $0Net charge-offs
  • -$2,602Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.64%Yield on earning assets
  • 0.24%Cost of funding earning assets
  • 2.40%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 9.28%Noninterest expense to earning assets
  • -6.17%Net operating income to assets
  • -6.17%Return on assets (ROA)
  • -6.17%Pretax return on assets
  • -7.40%Return on equity (ROE)
  • -7.40%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 307,166Assets per employee
  • 4.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 7.93%Net loans and leases to core deposits
  • 9.20%Equity capital to assets
  • 76.79%Core capital (leverage) ratio
  • 76.39%Tier 1 risk-based capital ratio
  • 344.73%Total risk-based capital ratio
  • Memoranda
  • $345Average assets
  • $42,162Average earning assets
  • $35,165Average equity
  • $41,222Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $28,952Managed Assets
  • 1Number of Accounts
  • $28,942Personal trust and agency accounts
  • $2,444Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $17,983Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $8,515Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 208Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $10Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Michigan Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    074904Auto Club Trust, FsbOne Auto Club Drive, Dearborn, MI 48126November 30, 1999Full Service Brick and Mortar
  • 1 Nebraska Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1521912Aaa Bank Nebraska Branch132nd & Center Branch, Omaha, NE 68144June 01, 2011Full Service Brick and Mortar

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