Chemical Bank Key State in Owosso, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2001

  • Chemical Bank Key State in Owosso, Michigan (MI)
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Chemical Bank Key State - Overview

  • General
  • FDIC Certificate #: 14921
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Chemical Bank (#1003)
    Federal Reserve ID: 447548
    Date Established: January 01, 1907
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    FDIC's unique #: 9347
    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: December 17, 1934
    Last Structure Change Effective Date: January 01, 2001
    Last Structure Change Process Date: Febuary 08, 2001
    Last Data Update: Febuary 08, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 East Main Street, Owosso, MI 48867
    County: Shiawassee
    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
    Combined Statistical Area (CSA): Lansing-East Lansing-Owosso, MI (#330)
    Core Based Statistical Area (CBSA): Owosso, MI (#37020)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $143.3 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 78Total employees (full-time equivalent)
  • $143,279Total assets
  • $9,040Cash and due from depository institutions
  • $58Interest-bearing balances
  • $29,176Securities
  • $3,800Federal funds sold & reverse repurchase agreements
  • $95,836Net loans & leases
  • $2,325Loan loss allowance
  • $0Trading account assets
  • $2,749Bank premises and fixed assets
  • $73Other real estate owned
  • $839Goodwill and other intangibles
  • $0Life insurance assets
  • $1,766All other assets
  • $143,279Total liabilities and capital
  • $129,747Total liabilities
  • $121,362Total deposits
  • $100,593Interest-bearing deposits
  • $121,362Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $7,307Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $185Other borrowed funds
  • $0Subordinated debt
  • $893All other liabilities
  • $13,532Total equity capital
  • $13,532Total bank equity capital
  • $13,532Perpetual preferred stock
  • $0Common stock
  • $2,221Surplus
  • $4,711Undivided profits
  • Memoranda
  • $6,600Noncurrent loans and leases
  • $9,540Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $197Earning assets
  • $0Long-term assets (5+ years)
  • $545Average Assets, year-to-date
  • $128,870Average Assets, quarterly
  • $20,979Volatile liabilities
  • $141,811Insider loans
  • $142,663FHLB advances
  • $23,092Loans and leases held for sale
  • $2,749Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,540Total unused commitments
  • $0Restructured Loans and leases
  • $1,140Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $10,065Total interest income
  • $4,415Total interest expense
  • $5,650Net interest income
  • $9Provision for loan and lease losses
  • $1,213Total noninterest income
  • $0Fiduciary activities
  • $478Service charges on deposit accounts
  • $0Trading account gains & fees
  • $735Additional noninterest income
  • $4,537Total noninterest expense
  • $2,398Salaries and employee benefits
  • $749Premises and equipment expense
  • $1,390Additional noninterest expense
  • $2,317Pre-tax net operating income
  • $1Securities gains (losses)
  • $712Applicable income taxes
  • $1,606Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,606Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $66Sale, conversion, retirement of capital stock, net
  • $3,875Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.83%Yield on earning assets
  • 3.43%Cost of funding earning assets
  • 4.39%Net interest margin
  • 0.94%Noninterest income to earning assets
  • 3.53%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.63%Pretax return on assets
  • 10.87%Return on equity (ROE)
  • -15.35%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 13.64%Credit loss provision to net charge-offs
  • 35.24%Efficiency ratio
  • 65,103Assets per employee
  • 1.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 241.28%Loss allowance to loans
  • 2.37%Loss allowance to noncurrent loans
  • 1180.20%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 78.97%Net loans and leases to core deposits
  • 90.77%Equity capital to assets
  • 9.44%Core capital (leverage) ratio
  • 8.86%Tier 1 risk-based capital ratio
  • 14.01%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $141,811Average earning assets
  • $14,778Average equity
  • $128,608Average loans

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