First of America Bank-Upper Peninsula, National Association in city_name, state_name

First of America Bank-Upper Peninsula, National Association in Marquette, Michigan (MI)
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First of America Bank-Upper Peninsula, National Association - Overview

General
FDIC Certificate #: 5068
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National City Bank of the Midwest (#5029)
Federal Reserve ID: 353452
Date Established: October 07, 1921
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 20 (Interstate: No)
FDIC's unique #: 3384
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 31, 1994
Last Structure Change Process Date: Febuary 01, 1995
Last Data Update: Febuary 01, 1995
Data Source Date: April 05, 2012
Location
Address: 100 North Front Street, Marquette, MI 49855
County: Marquette
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Appleton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Marquette, MI (#32100)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $383.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$196Total assets
$382,031Cash and due from depository institutions
$12,899Interest-bearing balances
$0Securities
$112,098Federal funds sold & reverse repurchase agreements
$393Net loans & leases
$242,948Loan loss allowance
$2,689Trading account assets
$0Bank premises and fixed assets
$7,772Other real estate owned
$637Goodwill and other intangibles
$4,771Life insurance assets
$513All other assets
$0Total liabilities and capital
$382,031Total liabilities
$356,344Total deposits
$317,341Interest-bearing deposits
$277,831Deposits held in domestic offices
317341.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$29,990Trading liabilities
$0Other borrowed funds
$5,935Subordinated debt
$0All other liabilities
$3,078Total equity capital
$3,078Total bank equity capital
$25,687Perpetual preferred stock
$0Common stock
$5,813Surplus
$14,190Undivided profits
Memoranda
$5,684Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,482Income earned, not collected on loans
$1,208Earning assets
$355,439Long-term assets (5+ years)
$92,485Average Assets, year-to-date
$355,453Average Assets, quarterly
$366,652Volatile liabilities
$49,152Insider loans
$5,653FHLB advances
$0Loans and leases held for sale
$9,518Unused loan commitments
$64,969Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$24,820Total risk weighted assets
$225,111Total unused commitments
$0Restructured Loans and leases
$7,224Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$25,815Total interest expense
$10,208Net interest income
$15,607Provision for loan and lease losses
$250Total noninterest income
$4,092Fiduciary activities
$1,457Service charges on deposit accounts
$1,108Trading account gains & fees
$0Additional noninterest income
$1,527Total noninterest expense
$13,868Salaries and employee benefits
$4,957Premises and equipment expense
$1,296Additional noninterest expense
$7,615Pre-tax net operating income
$5,581Securities gains (losses)
$796Applicable income taxes
$2,024Income before extraordinary items
$4,353Extraordinary gains - net
$0Net income attributable to bank
$4,353Net charge-offs
$44Cash dividends
$2,100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.83%Cost of funding earning assets
3.09%Net interest margin
4.73%Noninterest income to earning assets
1.24%Noninterest expense to earning assets
4.20%Net operating income to assets
1.07%Return on assets (ROA)
1.22%Pretax return on assets
1.79%Return on equity (ROE)
18.21%Retained earnings to average equity (YTD only)
9.43%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
568.18%Efficiency ratio
70,064Assets per employee
1.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.24%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
181.44%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.60%Net loans and leases to deposits
76.56%Net loans and leases to core deposits
79.89%Equity capital to assets
6.72%Core capital (leverage) ratio
6.93%Tier 1 risk-based capital ratio
11.03%Total risk-based capital ratio
Memoranda
$12Average assets
$355,453Average earning assets
$23,903Average equity
$329,871Average loans

First of America Bank-Upper Peninsula, National Association in Marquette, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

First of America Bank-Upper Peninsula, National Association - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

First of America Bank-Upper Peninsula, National Association in Marquette, Michigan (MI)Overview, Financial Summary, Detailed Financial Reports, Branches

First of America Bank-Upper Peninsula, National Association - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

First of America Bank-Upper Peninsula, National Association in Marquette, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches