Community First Bank in Lansing, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 10, 1999

  • Community First Bank in Lansing, Michigan (MI)
  • Show street view No street view available for this location

Community First Bank - Overview

  • General
  • FDIC Certificate #: 27746
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank (#993)
    Federal Reserve ID: 221579
    Date Established: January 01, 1890
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 17 (Interstate: No)
    OTS Docket #: 212
    FDIC's unique #: 40580
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 11, 1971
    Last Structure Change Effective Date: July 10, 1999
    Last Structure Change Process Date: August 11, 1999
    Last Data Update: August 11, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 112 East Allegan Street, Lansing, MI 48933
    County: Ingham
    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): Lansing-East Lansing, MI (#4040)
    Combined Statistical Area (CSA): Lansing-East Lansing-Owosso, MI (#330)
    Core Based Statistical Area (CBSA): Lansing-East Lansing, MI (#29620)
    CBSA Metro Statistical Area: Lansing-East Lansing, MI (#29620)
  • Financial Summary
  • Total assets: $877.6 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, 1998)

  • Dollar figures in thousands
  • 253Total employees (full-time equivalent)
  • $879,027Total assets
  • $21,305Cash and due from depository institutions
  • $3,436Interest-bearing balances
  • $50,141Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $787,158Net loans & leases
  • $5,004Loan loss allowance
  • $0Trading account assets
  • $10,187Bank premises and fixed assets
  • $1,139Other real estate owned
  • $1,047Goodwill and other intangibles
  • $0Life insurance assets
  • $8,050All other assets
  • $879,027Total liabilities and capital
  • $811,984Total liabilities
  • $590,286Total deposits
  • $549,518Interest-bearing deposits
  • $590,286Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,772Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $211,883Other borrowed funds
  • $0Subordinated debt
  • $8,043All other liabilities
  • $67,043Total equity capital
  • $67,043Total bank equity capital
  • $67,043Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $27,740Undivided profits
  • Memoranda
  • $39,203Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $611Earning assets
  • $132Long-term assets (5+ years)
  • $4,105Average Assets, year-to-date
  • $840,735Average Assets, quarterly
  • $410,771Volatile liabilities
  • $857,752Insider loans
  • $872,949FHLB advances
  • $64,309Loans and leases held for sale
  • $2,431Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,583Total risk weighted assets
  • $147,695Total unused commitments
  • $0Restructured Loans and leases
  • $510,702Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $62,806Total interest income
  • $36,601Total interest expense
  • $26,205Net interest income
  • $390Provision for loan and lease losses
  • $8,521Total noninterest income
  • $0Fiduciary activities
  • $4,257Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,264Additional noninterest income
  • $15,766Total noninterest expense
  • $8,486Salaries and employee benefits
  • $2,192Premises and equipment expense
  • $5,088Additional noninterest expense
  • $18,570Pre-tax net operating income
  • $9Securities gains (losses)
  • $5,955Applicable income taxes
  • $12,624Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,624Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $116Sale, conversion, retirement of capital stock, net
  • $10,900Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.61%Yield on earning assets
  • 4.44%Cost of funding earning assets
  • 3.18%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 1.91%Noninterest expense to earning assets
  • 1.47%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 2.17%Pretax return on assets
  • 19.44%Return on equity (ROE)
  • 2.66%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 336.21%Credit loss provision to net charge-offs
  • 163.45%Efficiency ratio
  • 45,401Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 86.34%Loss allowance to loans
  • 0.63%Loss allowance to noncurrent loans
  • 818.99%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 133.35%Net loans and leases to core deposits
  • 142.49%Equity capital to assets
  • 7.63%Core capital (leverage) ratio
  • 7.60%Tier 1 risk-based capital ratio
  • 13.07%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $857,752Average earning assets
  • $64,932Average equity
  • $824,884Average loans

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