FNB Financial in Three Rivers, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 25, 2009

  • FNB Financial in Three Rivers, Michigan (MI)
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FNB Financial - Overview

  • General
  • FDIC Certificate #: 5048
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Southern Michigan Bank & Trust (#5019)
    Federal Reserve ID: 342643
    Date Established: January 01, 1864
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 10970
    FDIC's unique #: 3371
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 25, 2009
    Last Structure Change Process Date: May 20, 2009
    Last Data Update: May 20, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 88 North Main Street, Three Rivers, MI 49093
    County: St. Joseph
    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
    Core Based Statistical Area (CBSA): Sturgis, MI (#44780)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $151.6 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, 2008)

  • Dollar figures in thousands
  • 54Total employees (full-time equivalent)
  • $156,016Total assets
  • $6,173Cash and due from depository institutions
  • $2,539Interest-bearing balances
  • $31,432Securities
  • $16,140Federal funds sold & reverse repurchase agreements
  • $78,829Net loans & leases
  • $3,394Loan loss allowance
  • $0Trading account assets
  • $2,603Bank premises and fixed assets
  • $75Other real estate owned
  • $15,794Goodwill and other intangibles
  • $2,390Life insurance assets
  • $4,970All other assets
  • $156,016Total liabilities and capital
  • $129,983Total liabilities
  • $124,408Total deposits
  • $107,935Interest-bearing deposits
  • $124,408Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,602Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,995Other borrowed funds
  • $0Subordinated debt
  • $978All other liabilities
  • $26,033Total equity capital
  • $26,033Total bank equity capital
  • $26,033Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $26,070Undivided profits
  • Memoranda
  • $-337Noncurrent loans and leases
  • $15,001Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,835Earning assets
  • $0Long-term assets (5+ years)
  • $596Average Assets, year-to-date
  • $128,940Average Assets, quarterly
  • $30,174Volatile liabilities
  • $154,386Insider loans
  • $156,039FHLB advances
  • $15,386Loans and leases held for sale
  • $1,923Unused loan commitments
  • $2,995Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $15,001Total unused commitments
  • $0Restructured Loans and leases
  • $1,192Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $6,965Total interest income
  • $2,254Total interest expense
  • $4,711Net interest income
  • $2,325Provision for loan and lease losses
  • $2,250Total noninterest income
  • $327Fiduciary activities
  • $945Service charges on deposit accounts
  • $0Trading account gains & fees
  • $978Additional noninterest income
  • $5,818Total noninterest expense
  • $2,810Salaries and employee benefits
  • $764Premises and equipment expense
  • $2,244Additional noninterest expense
  • -$1,182Pre-tax net operating income
  • $5Securities gains (losses)
  • -$596Applicable income taxes
  • -$581Income before extraordinary items
  • $0Extraordinary gains - net
  • -$581Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $393Sale, conversion, retirement of capital stock, net
  • $161Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.50%Yield on earning assets
  • 1.78%Cost of funding earning assets
  • 3.72%Net interest margin
  • 1.78%Noninterest income to earning assets
  • 4.59%Noninterest expense to earning assets
  • -0.38%Net operating income to assets
  • -0.38%Return on assets (ROA)
  • -0.76%Pretax return on assets
  • -2.19%Return on equity (ROE)
  • -2.80%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 591.60%Credit loss provision to net charge-offs
  • 2.91%Efficiency ratio
  • 78,207Assets per employee
  • 2.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -27.71%Loss allowance to loans
  • 4.13%Loss allowance to noncurrent loans
  • 70.20%Noncurrent assets plus other real estate owned to assets
  • 3.15%Noncurrent loans to loans
  • 5.88%Net loans and leases to deposits
  • 63.36%Net loans and leases to core deposits
  • 70.62%Equity capital to assets
  • 16.69%Core capital (leverage) ratio
  • 7.91%Tier 1 risk-based capital ratio
  • 11.88%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $154,386Average earning assets
  • $26,540Average equity
  • $126,745Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $45,437Managed Assets
  • 1Number of Accounts
  • $36,424Personal trust and agency accounts
  • $28,020Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $868Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $7,525Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $11Non-managed Assets
  • 157Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $9,013Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $9,011Fiduciary accounts held in foreign offices

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