Bank One, East Lansing in East Lansing, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1995

  • Bank One, East Lansing in East Lansing, Michigan (MI)
  • Show street view No street view available for this location

Bank One, East Lansing - Overview

  • General
  • FDIC Certificate #: 14793
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens Bank (#986)
    Federal Reserve ID: 596044
    Date Established: May 31, 1916
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 9255
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 09, 1934
    Last Structure Change Effective Date: March 01, 1995
    Last Structure Change Process Date: April 13, 1995
    Last Data Update: April 13, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 West Grand River Avenue, East Lansing, MI 48823
    County: Ingham
    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: $193.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $96Total assets
  • $193,076Cash and due from depository institutions
  • $12,102Interest-bearing balances
  • $0Securities
  • $8,337Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $165,524Loan loss allowance
  • $1,828Trading account assets
  • $0Bank premises and fixed assets
  • $3,803Other real estate owned
  • $259Goodwill and other intangibles
  • $3,051Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $193,076Total liabilities
  • $173,960Total deposits
  • $165,225Interest-bearing deposits
  • $132,216Deposits held in domestic offices
  • 165225.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $6,933Trading liabilities
  • $0Other borrowed funds
  • $550Subordinated debt
  • $0All other liabilities
  • $1,252Total equity capital
  • $1,252Total bank equity capital
  • $19,116Perpetual preferred stock
  • $0Common stock
  • $2,850Surplus
  • $5,600Undivided profits
  • Memoranda
  • $10,666Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $338Income earned, not collected on loans
  • $1,901Earning assets
  • $173,861Long-term assets (5+ years)
  • $3,552Average Assets, year-to-date
  • $203,945Average Assets, quarterly
  • $197,776Volatile liabilities
  • $17,280Insider loans
  • $385FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $40,444Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $19,405Total risk weighted assets
  • $163,861Total unused commitments
  • $0Restructured Loans and leases
  • $78,570Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,578Total interest expense
  • $5,124Net interest income
  • $8,454Provision for loan and lease losses
  • -$801Total noninterest income
  • $3,281Fiduciary activities
  • $1,055Service charges on deposit accounts
  • $893Trading account gains & fees
  • $0Additional noninterest income
  • $1,333Total noninterest expense
  • $8,537Salaries and employee benefits
  • $2,717Premises and equipment expense
  • $929Additional noninterest expense
  • $4,891Pre-tax net operating income
  • $3,999Securities gains (losses)
  • -$13Applicable income taxes
  • $1,356Income before extraordinary items
  • $2,630Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,630Net charge-offs
  • -$25Cash dividends
  • $1,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.36%Cost of funding earning assets
  • 2.78%Net interest margin
  • 4.58%Noninterest income to earning assets
  • 1.78%Noninterest expense to earning assets
  • 4.63%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 1.95%Return on equity (ROE)
  • 13.99%Retained earnings to average equity (YTD only)
  • 8.67%Net charge-offs to loans
  • -0.01%Credit loss provision to net charge-offs
  • 3204.00%Efficiency ratio
  • 72,748Assets per employee
  • 2.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.02%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 540.83%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 100.18%Net loans and leases to core deposits
  • 106.87%Equity capital to assets
  • 9.90%Core capital (leverage) ratio
  • 10.06%Tier 1 risk-based capital ratio
  • 11.84%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $203,945Average earning assets
  • $18,799Average equity
  • $184,513Average loans

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