CSB Bank in Capac, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • CSB Bank in Capac, Michigan (MI)
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CSB Bank - Overview

  • General
  • FDIC Certificate #: 14538
    Status: Active
    Federal Reserve ID: 614340
    Bank Holding Company (Regulatory Top Holder): Capac Bancorp, Inc. (RSSDID: 1248603, Location: Capac, MI)
    Date Established: June 20, 1898
    WWW: http://www.csbbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 9764
    FDIC's unique #: 9085
    Numeric code: 13
    Regulator: FED
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: July 02, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 206 North Main Street, Capac, MI 48014
    County: St. Clair
    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: Warren-Troy-Farmington Hills, MI (#47644)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $217.3 mil
    Equity capital: $19.2 mil
    Deposits held in domestic offices: $184.0 mil
    Return on assets (ROA): 0.25% ($0.5 mil)
    Quarterly return on assets: 0.66% ($1.4 mil)
    Return on Equity (ROE): 2.84% ($0.5 mil)
    Quarterly return on equity: 7.47% ($1.4 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.25% ($543.2 mil)
    Quarterly Pretax return on assets: 0.61% ($1,325.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 72Total employees (full-time equivalent)
  • $217,295Total assets
  • $5,453Cash and due from depository institutions
  • $100Interest-bearing balances
  • $66,644Securities
  • $9,153Federal funds sold & reverse repurchase agreements
  • $120,643Net loans & leases
  • $3,074Loan loss allowance
  • $0Trading account assets
  • $5,534Bank premises and fixed assets
  • $2,154Other real estate owned
  • $281Goodwill and other intangibles
  • $217,295Life insurance assets
  • $7,433All other assets
  • $198,137Total liabilities and capital
  • $184,025Total liabilities
  • $146,260Total deposits
  • $184,025Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,500Trading liabilities
  • $0Other borrowed funds
  • $612Subordinated debt
  • $19,158All other liabilities
  • $19,158Total equity capital
  • $19,158Total bank equity capital
  • $0Perpetual preferred stock
  • $2,500Common stock
  • $6,773Surplus
  • $9,885Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $116Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,094Income earned, not collected on loans
  • $0Earning assets
  • $767Long-term assets (5+ years)
  • $196,540Average Assets, year-to-date
  • $76,043Average Assets, quarterly
  • $213,363Volatile liabilities
  • $216,303Insider loans
  • $118,268FHLB advances
  • $217,144Loans and leases held for sale
  • $3,901Unused loan commitments
  • $3,901Tier 1 (core) risk-based capital
  • $17,299Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,274Restructured Loans and leases
  • $2,318Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,526Total interest income
  • $1,365Total interest expense
  • $7,161Net interest income
  • $1,000Provision for loan and lease losses
  • $1,501Total noninterest income
  • $0Fiduciary activities
  • $603Service charges on deposit accounts
  • $0Trading account gains & fees
  • $898Additional noninterest income
  • $7,137Total noninterest expense
  • $3,687Salaries and employee benefits
  • $1,209Premises and equipment expense
  • $2,241Additional noninterest expense
  • $525Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $525Income before extraordinary items
  • $0Extraordinary gains - net
  • $525Net income attributable to bank
  • $0Net charge-offs
  • $525Cash dividends
  • $1,011Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.45%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 3.73%Noninterest expense to earning assets
  • 0.25%Net operating income to assets
  • 0.25%Return on assets (ROA)
  • 0.25%Pretax return on assets
  • 2.84%Return on equity (ROE)
  • 2.84%Retained earnings to average equity (YTD only)
  • 0.81%Net charge-offs to loans
  • 98.91%Credit loss provision to net charge-offs
  • 1.51%Efficiency ratio
  • 82,394Assets per employee
  • 3.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.48%Loss allowance to noncurrent loans
  • 146.80%Noncurrent assets plus other real estate owned to assets
  • 1.95%Noncurrent loans to loans
  • 1.69%Net loans and leases to deposits
  • 65.56%Net loans and leases to core deposits
  • 66.65%Equity capital to assets
  • 8.82%Core capital (leverage) ratio
  • 7.97%Tier 1 risk-based capital ratio
  • 14.63%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $213,363Average earning assets
  • $18,516Average equity
  • $191,394Average loans

List of branches

  • 8 Michigan Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09085Csb Bank206 North Main Street, Capac, MI 48014June 20, 1898Full Service Brick and Mortar
    1231658Allenton Branch745 Capac Road, Allenton, MI 48002November 03, 1980Full Service Brick and Mortar
    2231659Imlay City Branch148 North Almont Avenue, Imlay City, MI 48444January 24, 1994Full Service Brick and Mortar
    3231660Armada Branch72890 North Avenue, Armada, MI 48005December 09, 1996Full Service Brick and Mortar
    4231661Emmett Branch3177 Main, Emmett, MI 48022June 14, 1999Full Service Brick and Mortar
    5187462Memphis Branch81111 Main Street, Memphis, MI 48041January 23, 1995Full Service Brick and Mortar
    6187456Yale Branch3 North Main Street, Yale, MI 48097July 01, 1965Full Service Brick and Mortar
    7484901Almont Branch5515 Van Dyke Road, Almont, MI 48003November 18, 2008Full Service Brick and Mortar

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