Community State Bank in Saint Charles, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Community State Bank in Saint Charles, Michigan (MI)
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Community State Bank - Overview

  • General
  • FDIC Certificate #: 15868
    Status: Active
    Federal Reserve ID: 626941
    Bank Holding Company (Regulatory Top Holder): Community Bancorp, Inc. (RSSDID: 1426876, Location: Saint Charles, MI)
    Date Established: December 15, 1941
    WWW: http://www.gotocsb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 10105
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: December 15, 1941
    Last Structure Change Effective Date: December 01, 2007
    Last Structure Change Process Date: December 05, 2007
    Last Data Update: December 05, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 207 South Saginaw Street, Saint Charles, MI 48655
    County: Saginaw
    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): Saginaw-Bay City-Midland, MI (#6960)
    Combined Statistical Area (CSA): Saginaw-Bay City-Saginaw Township North, MI (#474)
    Core Based Statistical Area (CBSA): Saginaw-Saginaw Township North, MI (#40980)
    CBSA Metro Statistical Area: Saginaw-Saginaw Township North, MI (#40980)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Change in Location
    Name Change
  • Financial Summary
  • Total assets: $197.6 mil
    Equity capital: $19.3 mil
    Deposits held in domestic offices: $177.6 mil
    Return on assets (ROA): 0.36% ($0.7 mil)
    Quarterly return on assets: 0.68% ($1.3 mil)
    Return on Equity (ROE): 3.91% ($0.7 mil)
    Quarterly return on equity: 6.97% ($1.3 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.35% ($691.6 mil)
    Quarterly Pretax return on assets: 0.79% ($1,561.0 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
  • 61Total employees (full-time equivalent)
  • $197,590Total assets
  • $11,299Cash and due from depository institutions
  • $3,026Interest-bearing balances
  • $74,706Securities
  • $12,200Federal funds sold & reverse repurchase agreements
  • $87,943Net loans & leases
  • $1,651Loan loss allowance
  • $0Trading account assets
  • $3,789Bank premises and fixed assets
  • $533Other real estate owned
  • $4,291Goodwill and other intangibles
  • $197,590Life insurance assets
  • $2,829All other assets
  • $178,265Total liabilities and capital
  • $177,622Total liabilities
  • $148,744Total deposits
  • $177,622Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $643Subordinated debt
  • $19,325All other liabilities
  • $19,325Total equity capital
  • $19,325Total bank equity capital
  • $0Perpetual preferred stock
  • $701Common stock
  • $3,429Surplus
  • $15,195Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $825Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,813Income earned, not collected on loans
  • $0Earning assets
  • $1,063Long-term assets (5+ years)
  • $177,875Average Assets, year-to-date
  • $40,333Average Assets, quarterly
  • $196,133Volatile liabilities
  • $197,296Insider loans
  • $111,298FHLB advances
  • $188,196Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,952Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,755Restructured Loans and leases
  • $1,186Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,223Total interest income
  • $1,005Total interest expense
  • $7,218Net interest income
  • $1,050Provision for loan and lease losses
  • $1,071Total noninterest income
  • $0Fiduciary activities
  • $853Service charges on deposit accounts
  • $0Trading account gains & fees
  • $218Additional noninterest income
  • $6,486Total noninterest expense
  • $3,092Salaries and employee benefits
  • $994Premises and equipment expense
  • $2,400Additional noninterest expense
  • $753Pre-tax net operating income
  • -$61Securities gains (losses)
  • -$21Applicable income taxes
  • $713Income before extraordinary items
  • $0Extraordinary gains - net
  • $713Net income attributable to bank
  • $0Net charge-offs
  • $713Cash dividends
  • $691Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.68%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 4.11%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 3.69%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 3.91%Return on equity (ROE)
  • 3.91%Retained earnings to average equity (YTD only)
  • 0.74%Net charge-offs to loans
  • 151.95%Credit loss provision to net charge-offs
  • 2.61%Efficiency ratio
  • 73,664Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 43.30%Noncurrent assets plus other real estate owned to assets
  • 2.20%Noncurrent loans to loans
  • 4.26%Net loans and leases to deposits
  • 49.51%Net loans and leases to core deposits
  • 49.96%Equity capital to assets
  • 9.78%Core capital (leverage) ratio
  • 7.41%Tier 1 risk-based capital ratio
  • 12.54%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $196,133Average earning assets
  • $18,247Average equity
  • $175,552Average loans

List of branches

  • 8 Michigan Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010105Community State Bank207 South Saginaw Street, Saint Charles, MI 48655December 15, 1941Full Service Brick and Mortar
    1235660Thomas Twp. Branch7590 Gratiot Road, Saginaw, MI 48603September 10, 1962Full Service Brick and Mortar
    2235661Chesaning Township Branch12771 West Brady Road, Chesaning, MI 48616December 11, 1978Full Service Brick and Mortar
    4423266Birch Run Branch8412 Main Street, Birch Run, MI 48415November 03, 2003Full Service Brick and Mortar
    57917Montrose Branch201 West State Street, Montrose, MI 48457October 12, 1912Full Service Brick and Mortar
    6227097Flushing Township Branch9040 West Mt. Morris Road, Flushing Township, MI 48433Febuary 20, 1973Full Service Brick and Mortar
    7227098Albee Branch10811 Albee Road, Albee Township, MI 48417January 19, 1981Full Service Brick and Mortar
    8465565New Lothrop Branch9380 Genesee Street P.O. Box 88, New Lothrop, MI 48460December 04, 2006Full Service Brick and Mortar

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