Century Bank and Trust in Coldwater, Michigan (MI)

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Century Bank and Trust routing number info

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Century Bank and Trust
GeneralFDIC Certificate #: 5015
Status: Active
Federal Reserve ID: 694847
Bank Holding Company (Regulatory Top Holder): Century Financial Corporation (RSSDID: 1491856, Location: Coldwater, MI)
Date Established: January 01, 1909
WWW: http://www.centurybankandtrust.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 13 (Domestic: 13, Interstate: No)
OTS Docket #: 9914
FDIC's unique #: 3345
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: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 27, 2011
Last Structure Change Process Date: January 27, 2011
Last Data Update: January 27, 2011
Data Source Date: April 05, 2012
LocationAddress: 100 West Chicago Street, Coldwater, MI 49036
County: Branch
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
Core Based Statistical Area (CBSA): Coldwater, MI (#17740)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $250.6 mil
Equity capital: $26.9 mil
Deposits held in domestic offices: $219.7 mil
Return on assets (ROA): 0.44% ($1.1 mil)
Quarterly return on assets: -0.16% (-$0.4 mil)
Return on Equity (ROE): 4.10% ($1.1 mil)
Quarterly return on equity: -1.47% (-$0.4 mil)
Net income: $1.1 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 0.49% ($1,227.9 mil)
Quarterly Pretax return on assets: -0.29% (-$726.7 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)
Total employees (full-time equivalent)120
Total assets$250,601
Cash and due from depository institutions$28,637
Interest-bearing balances$21,358
Federal funds sold & reverse repurchase agreements$3,500
Net loans & leases$146,900
Loan loss allowance $3,025
Trading account assets$0
Bank premises and fixed assets$5,396
Other real estate owned$670
Goodwill and other intangibles$348
All other assets$12,659
Life insurance assets$250,601
Total liabilities and capital$223,733
Total liabilities$219,722
Total deposits$181,314
Interest-bearing deposits$219,722
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $4,011
All other liabilities $26,868
Total equity capital$26,868
Total bank equity capital$26,868
Perpetual preferred stock$0
Common stock$2,936
Undivided profits $8,932
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $685
Income earned, not collected on loans $4,957
Earning assets $0
Long-term assets (5+ years) $1,005
Average Assets, year-to-date $224,249
Average Assets, quarterly $18,617
Volatile liabilities $255,117
Insider loans $252,410
FHLB advances $175,692
Loans and leases held for sale $250,829
Unused loan commitments $7,151
Tier 1 (core) risk-based capital $5,598
Tier 2 risk-based capital $29,181
Total risk weighted assets $0
Total unused commitments $1,553
Restructured Loans and leases $27,004
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,376
Total interest expense $1,063
Net interest income $8,313
Provision for loan and lease losses $1,716
Total noninterest income $3,875
Fiduciary activities $1,392
Service charges on deposit accounts $899
Trading account gains & fees $0
Additional noninterest income $1,584
Total noninterest expense $9,230
Salaries and employee benefits $4,775
Premises and equipment expense $1,746
Additional noninterest expense $2,709
Pre-tax net operating income $1,242
Securities gains (losses) $0
Applicable income taxes $132
Income before extraordinary items $1,110
Extraordinary gains - net $0
Net income attributable to bank $1,110
Net charge-offs $0
Cash dividends $1,110
Sale, conversion, retirement of capital stock, net $2,406
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.09%
Cost of funding earning assets 0.46%
Net interest margin 3.63%
Noninterest income to earning assets 1.69%
Noninterest expense to earning assets 4.03%
Net operating income to assets 0.44%
Return on assets (ROA) 0.44%
Pretax return on assets 0.49%
Return on equity (ROE) 4.10%
Retained earnings to average equity (YTD only) 4.10%
Net charge-offs to loans 1.51%
Credit loss provision to net charge-offs 71.32%
Efficiency ratio1.23%
Assets per employee$75,730
Cash dividends to net income (YTD only)2.09%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.02%
Noncurrent assets plus other real estate owned to assets 61.02%
Noncurrent loans to loans 2.25%
Net loans and leases to deposits3.31%
Net loans and leases to core deposits 66.86%
Equity capital to assets 72.90%
Core capital (leverage) ratio 10.72%
Tier 1 risk-based capital ratio 11.63%
Total risk-based capital ratio 16.61%
Average assets$18
Average earning assets$255,117
Average equity $27,052
Average loans $228,999
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$240,276
Number of Accounts1
Personal trust and agency accounts$224,750
Employee benefit-defined contribution accounts$63,659
Employee benefit-defined benefit accounts$20,241
Other retirement accounts$7,197
Corporate trust and agency accounts$25,217
Investment management agency accounts$0
Other fiduciary accounts$99,450
Fiduciary accounts held in foreign offices$8,950
Non-managed Assets$36
Number of Accounts608
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$25,217
Employee benefit-defined benefit accounts$0
Other retirement accounts$15,526
Corporate trust and agency accounts$15,262
Other fiduciary accounts$254
Fiduciary accounts held in foreign offices$10
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13 Michigan Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
03345Century Bank And Trust100 West Chicago Street, Coldwater, MI 49036January 01, 1909Full Service Brick and Mortar
1206408Nottawa Branch25985 M-86, Nottawa, MI 49075April 23, 1973Limited Service Facility
4228192Auto Bank Drive-In Branch66 North Monroe Street, Coldwater, MI 49036September 23, 1957Limited Service Facility
5228193Fairfield Plaza Branch496 Marshall Street, Coldwater, MI 49036July 19, 1963Limited Service Facility
6228194Reading Branch108 North Main Street, Reading, MI 49274April 04, 1939Full Service Brick and Mortar
8228196East Branch745 East Chicago Road, Coldwater, MI 49036April 30, 1980Limited Service Facility
9206411Sturgis West Branch201 South Centerville Road, Sturgis Township, MI 49091December 07, 1981Limited Service Facility
10206412Sturgis Main300 West Chicago Road, Sturgis, MI 49091April 06, 1992Full Service Brick and Mortar
11206413Bronson Branch106 East Chicago Road, Bronson, MI 49028September 27, 1993Full Service Brick and Mortar
12206414Sturgis North1031 North Nottawa Street, Sturgis, MI 49091Febuary 13, 1996Limited Service Facility
13362851Quincy Branch109 West Chicago Street, Quincy, MI 49082January 18, 2002Full Service Brick and Mortar
14492974Three Rivers Branch1310 W Broadway, Three Rivers, MI 49093July 01, 2008Full Service Brick and Mortar
15503132Messenger Service100 West Chicago Street, Coldwater, MI 49036Febuary 16, 2010Limited Service Messenger
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