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- Banks in Michigan (MI)
- Firstbank - St. Johns
Firstbank - St. Johns in Saint Johns, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of September 30, 2011
- Firstbank - St. Johns in Saint Johns, Michigan (MI)
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Firstbank - St. Johns - Overview
- General
- FDIC Certificate #: 35577
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Firstbank - Alma (#9108)
Federal Reserve ID: 2883038
Date Established: June 16, 2000
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 82005
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: June 16, 2000
Last Structure Change Effective Date: September 30, 2011
Last Structure Change Process Date: October 07, 2011
Last Data Update: October 07, 2011
Data Source Date: April 05, 2012 - Location
- Address: 201 N. Clinton Avenue, Saint Johns, MI 48879
County: Clinton
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: $100.4 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
- Dollar figures in thousands
- 23Total employees (full-time equivalent)
- $94,813Total assets
- $7,880Cash and due from depository institutions
- $6,362Interest-bearing balances
- $14,939Securities
- $70Federal funds sold & reverse repurchase agreements
- $66,666Net loans & leases
- $1,957Loan loss allowance
- $0Trading account assets
- $3,154Bank premises and fixed assets
- $198Other real estate owned
- $398Goodwill and other intangibles
- $0Life insurance assets
- $1,508All other assets
- $94,813Total liabilities and capital
- $86,935Total liabilities
- $84,946Total deposits
- $75,788Interest-bearing deposits
- $84,946Deposits held in domestic offices
- 78.37%% insured (estimated)
- $724Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $1,000Other borrowed funds
- $0Subordinated debt
- $265All other liabilities
- $7,878Total equity capital
- $7,878Total bank equity capital
- $7,878Perpetual preferred stock
- $0Common stock
- $2,000Surplus
- $4,800Undivided profits
- Memoranda
- $1,078Noncurrent loans and leases
- $8,233Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $4,160Earning assets
- $0Long-term assets (5+ years)
- $379Average Assets, year-to-date
- $88,037Average Assets, quarterly
- $25,096Volatile liabilities
- $98,715Insider loans
- $95,924FHLB advances
- $22,817Loans and leases held for sale
- $5,326Unused loan commitments
- $1,000Tier 1 (core) risk-based capital
- $683Tier 2 risk-based capital
- $0Total risk weighted assets
- $8,233Total unused commitments
- $207Restructured Loans and leases
- $872Derivatives
Income and Expense (December 31, 2010)
- Dollar figures in thousands
- $4,718Total interest income
- $1,172Total interest expense
- $3,546Net interest income
- $1,574Provision for loan and lease losses
- $851Total noninterest income
- $0Fiduciary activities
- $143Service charges on deposit accounts
- $0Trading account gains & fees
- $708Additional noninterest income
- $3,018Total noninterest expense
- $1,094Salaries and employee benefits
- $285Premises and equipment expense
- $1,639Additional noninterest expense
- -$195Pre-tax net operating income
- $4Securities gains (losses)
- -$80Applicable income taxes
- -$111Income before extraordinary items
- $0Extraordinary gains - net
- -$111Net income attributable to bank
- $0Net charge-offs
- -$111Cash dividends
- $993Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 2010)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 5.15%Yield on earning assets
- 1.28%Cost of funding earning assets
- 3.87%Net interest margin
- 0.93%Noninterest income to earning assets
- 3.30%Noninterest expense to earning assets
- -0.12%Net operating income to assets
- -0.11%Return on assets (ROA)
- -0.19%Pretax return on assets
- -1.40%Return on equity (ROE)
- -1.40%Retained earnings to average equity (YTD only)
- 1.39%Net charge-offs to loans
- 158.51%Credit loss provision to net charge-offs
- 1.39%Efficiency ratio
- 68,638Assets per employee
- 4.12%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 2.85%Loss allowance to noncurrent loans
- 47.04%Noncurrent assets plus other real estate owned to assets
- 4.60%Noncurrent loans to loans
- 6.06%Net loans and leases to deposits
- 78.48%Net loans and leases to core deposits
- 106.07%Equity capital to assets
- 8.31%Core capital (leverage) ratio
- 8.25%Tier 1 risk-based capital ratio
- 11.40%Total risk-based capital ratio
- Memoranda
- $13Average assets
- $98,715Average earning assets
- $7,943Average equity
- $91,556Average loans
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- Banks in Michigan (MI)
- Firstbank - St. Johns
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