Comerica Bank & Trust, National Association in Ann Arbor, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Comerica Bank & Trust, National Association in Ann Arbor, Michigan (MI)
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Comerica Bank & Trust, National Association - Overview

  • General
  • FDIC Certificate #: 1596
    Status: Active
    Federal Reserve ID: 772446
    Bank Holding Company (Regulatory Top Holder): Comerica Incorporated (RSSDID: 1199844, Location: Dallas, TX)
    Date Established: Febuary 29, 1908
    WWW: http://www.comerica.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 1040
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 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: 101 North Main Street, Ann Arbor, MI 48104
    County: Washtenaw
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Detroit
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Ann Arbor, MI (#440)
    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): Ann Arbor, MI (#11460)
    CBSA Metro Statistical Area: Ann Arbor, MI (#11460)
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $16.8 mil
    Equity capital: $14.8 mil
    Deposits held in domestic offices: $0.5 mil
    Return on assets (ROA): 28.04% ($4.8 mil)
    Quarterly return on assets: 0.71% ($0.1 mil)
    Return on Equity (ROE): 30.98% ($4.6 mil)
    Quarterly return on equity: 0.79% ($0.1 mil)
    Net income: $5.6 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 43.94% ($7,394.2 mil)
    Quarterly Pretax return on assets: 1.37% ($230.5 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
  • 68Total employees (full-time equivalent)
  • $16,828Total assets
  • $4,212Cash and due from depository institutions
  • $0Interest-bearing balances
  • $0Securities
  • $7,576Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $74Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $16,828Life insurance assets
  • $4,966All other assets
  • $2,078Total liabilities and capital
  • $521Total liabilities
  • $0Total deposits
  • $521Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,557Subordinated debt
  • $14,750All other liabilities
  • $14,750Total equity capital
  • $14,750Total bank equity capital
  • $0Perpetual preferred stock
  • $1,450Common stock
  • $2,207Surplus
  • $11,093Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $5Long-term assets (5+ years)
  • $7,576Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $19,961Volatile liabilities
  • $20,179Insider loans
  • $7,398FHLB advances
  • $22,598Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,750Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15Total interest income
  • $0Total interest expense
  • $15Net interest income
  • $0Provision for loan and lease losses
  • $31,532Total noninterest income
  • $28,900Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,632Additional noninterest income
  • $22,776Total noninterest expense
  • $5,912Salaries and employee benefits
  • $216Premises and equipment expense
  • $16,648Additional noninterest expense
  • $8,771Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,175Applicable income taxes
  • $5,596Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,596Net income attributable to bank
  • $0Net charge-offs
  • $5,596Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $7,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.20%Yield on earning assets
  • 0.00%Cost of funding earning assets
  • 0.20%Net interest margin
  • 416.23%Noninterest income to earning assets
  • 300.65%Noninterest expense to earning assets
  • 28.04%Net operating income to assets
  • 28.04%Return on assets (ROA)
  • 43.94%Pretax return on assets
  • 30.98%Return on equity (ROE)
  • -7.77%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 72,197Assets per employee
  • 0.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 125.09%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 87.65%Core capital (leverage) ratio
  • 65.27%Tier 1 risk-based capital ratio
  • 199.38%Total risk-based capital ratio
  • Memoranda
  • $199Average assets
  • $19,961Average earning assets
  • $18,064Average equity
  • $7,576Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $6,723,186Managed Assets
  • 1Number of Accounts
  • $3,760,667Personal trust and agency accounts
  • $3,335,271Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $41,847Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $225,420Other fiduciary accounts
  • $49,368Fiduciary accounts held in foreign offices
  • $108,761Non-managed Assets
  • 7275Number of Accounts
  • $0Personal trust and agency accounts
  • $26,721Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,962,519Other retirement accounts
  • $811,746Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $378,909Fiduciary accounts held in foreign offices

List of branches

  • 1 Michigan Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01040Comerica Bank & Trust, National Association101 North Main Street, Ann Arbor, MI 48104Febuary 29, 1908Full Service Brick and Mortar

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