Chemical Bank Montcalm in Stanton, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2001

  • Chemical Bank Montcalm in Stanton, Michigan (MI)
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Chemical Bank Montcalm - Overview

  • General
  • FDIC Certificate #: 14947
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Chemical Bank West (#26489)
    Federal Reserve ID: 329046
    Date Established: January 01, 1901
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 70 (Interstate: No)
    FDIC's unique #: 9362
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 24, 1934
    Last Structure Change Effective Date: January 01, 2001
    Last Structure Change Process Date: Febuary 05, 2001
    Last Data Update: Febuary 05, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 110 East Main, Stanton, MI 48888
    County: Montcalm
    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
  • Financial Summary
  • Total assets: $133.6 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
  • 72Total employees (full-time equivalent)
  • $133,599Total assets
  • $6,963Cash and due from depository institutions
  • $0Interest-bearing balances
  • $21,779Securities
  • $4,800Federal funds sold & reverse repurchase agreements
  • $96,399Net loans & leases
  • $1,454Loan loss allowance
  • $0Trading account assets
  • $1,710Bank premises and fixed assets
  • $0Other real estate owned
  • $280Goodwill and other intangibles
  • $0Life insurance assets
  • $1,668All other assets
  • $133,599Total liabilities and capital
  • $120,539Total liabilities
  • $117,335Total deposits
  • $93,896Interest-bearing deposits
  • $117,335Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,127Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $311Other borrowed funds
  • $0Subordinated debt
  • $766All other liabilities
  • $13,060Total equity capital
  • $13,060Total bank equity capital
  • $13,060Perpetual preferred stock
  • $0Common stock
  • $1,300Surplus
  • $1,300Undivided profits
  • Memoranda
  • $10,460Noncurrent loans and leases
  • $12,560Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $281Earning assets
  • $0Long-term assets (5+ years)
  • $507Average Assets, year-to-date
  • $122,978Average Assets, quarterly
  • $14,775Volatile liabilities
  • $135,563Insider loans
  • $139,874FHLB advances
  • $8,867Loans and leases held for sale
  • $187Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,560Total unused commitments
  • $0Restructured Loans and leases
  • $1,044Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $9,700Total interest income
  • $3,615Total interest expense
  • $6,085Net interest income
  • $112Provision for loan and lease losses
  • $891Total noninterest income
  • $0Fiduciary activities
  • $555Service charges on deposit accounts
  • $0Trading account gains & fees
  • $336Additional noninterest income
  • $3,883Total noninterest expense
  • $2,161Salaries and employee benefits
  • $540Premises and equipment expense
  • $1,182Additional noninterest expense
  • $2,981Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,012Applicable income taxes
  • $1,969Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,969Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $44Sale, conversion, retirement of capital stock, net
  • $2,525Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.77%Yield on earning assets
  • 2.89%Cost of funding earning assets
  • 4.87%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 1.45%Net operating income to assets
  • 1.45%Return on assets (ROA)
  • 2.20%Pretax return on assets
  • 14.77%Return on equity (ROE)
  • -4.17%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 254.55%Credit loss provision to net charge-offs
  • 70.30%Efficiency ratio
  • 53,369Assets per employee
  • 1.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 128.24%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 517.44%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.29%Net loans and leases to deposits
  • 82.16%Net loans and leases to core deposits
  • 86.92%Equity capital to assets
  • 9.78%Core capital (leverage) ratio
  • 9.55%Tier 1 risk-based capital ratio
  • 15.29%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $135,563Average earning assets
  • $13,332Average equity
  • $124,896Average loans

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