FMB-Arcadia Bank in Kalamazoo, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1997

  • FMB-Arcadia Bank in Kalamazoo, Michigan (MI)
  • Show street view No street view available for this location

FMB-Arcadia Bank - Overview

  • General
  • FDIC Certificate #: 26987
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Huntington National Bank (#6560)
    Federal Reserve ID: 13541
    Date Established: June 22, 1987
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 10022
    FDIC's unique #: 36406
    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: June 22, 1987
    Last Structure Change Effective Date: September 30, 1997
    Last Structure Change Process Date: October 06, 1997
    Last Data Update: October 06, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 251 East Michigan Avenue, Kalamazoo, MI 49007
    County: Kalamazoo
    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
    Metropolitan Statistical Area (MSA): Kalamazoo-Battle Creek, MI (#3720)
    Core Based Statistical Area (CBSA): Kalamazoo-Portage, MI (#28020)
    CBSA Metro Statistical Area: Kalamazoo-Portage, MI (#28020)
  • Financial Summary
  • Total assets: $128.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $28Total assets
  • $123,846Cash and due from depository institutions
  • $6,696Interest-bearing balances
  • $0Securities
  • $12,333Federal funds sold & reverse repurchase agreements
  • $3,400Net loans & leases
  • $99,475Loan loss allowance
  • $1,398Trading account assets
  • $0Bank premises and fixed assets
  • $688Other real estate owned
  • $0Goodwill and other intangibles
  • $1,254Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $123,846Total liabilities
  • $114,478Total deposits
  • $111,296Interest-bearing deposits
  • $99,356Deposits held in domestic offices
  • 111296.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,000Subordinated debt
  • $0All other liabilities
  • $1,182Total equity capital
  • $1,182Total bank equity capital
  • $9,368Perpetual preferred stock
  • $0Common stock
  • $3,250Surplus
  • $3,550Undivided profits
  • Memoranda
  • $2,568Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $624Income earned, not collected on loans
  • $547Earning assets
  • $115,208Long-term assets (5+ years)
  • $3,023Average Assets, year-to-date
  • $114,534Average Assets, quarterly
  • $125,200Volatile liabilities
  • $20,789Insider loans
  • $2,960FHLB advances
  • $0Loans and leases held for sale
  • $6Unused loan commitments
  • $20,255Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,351Total risk weighted assets
  • $97,261Total unused commitments
  • $0Restructured Loans and leases
  • $10,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,617Total interest expense
  • $4,836Net interest income
  • $4,781Provision for loan and lease losses
  • $304Total noninterest income
  • $856Fiduciary activities
  • $0Service charges on deposit accounts
  • $238Trading account gains & fees
  • $0Additional noninterest income
  • $618Total noninterest expense
  • $2,473Salaries and employee benefits
  • $1,472Premises and equipment expense
  • $422Additional noninterest expense
  • $579Pre-tax net operating income
  • $2,860Securities gains (losses)
  • $0Applicable income taxes
  • $986Income before extraordinary items
  • $1,874Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,874Net charge-offs
  • $114Cash dividends
  • $40Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.98%Cost of funding earning assets
  • 4.52%Net interest margin
  • 4.46%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 2.31%Net operating income to assets
  • 1.64%Return on assets (ROA)
  • 1.64%Pretax return on assets
  • 2.50%Return on equity (ROE)
  • 22.35%Retained earnings to average equity (YTD only)
  • 21.87%Net charge-offs to loans
  • 0.13%Credit loss provision to net charge-offs
  • 266.67%Efficiency ratio
  • 43,871Assets per employee
  • 4.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 2.13%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 224.04%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.62%Net loans and leases to deposits
  • 89.38%Net loans and leases to core deposits
  • 107.53%Equity capital to assets
  • 7.56%Core capital (leverage) ratio
  • 7.60%Tier 1 risk-based capital ratio
  • 9.61%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $114,534Average earning assets
  • $8,385Average equity
  • $107,107Average loans

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