Greenville Community Bank in Greenville, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2008

  • Greenville Community Bank in Greenville, Michigan (MI)
  • Show street view No street view available for this location

Greenville Community Bank - Overview

  • General
  • FDIC Certificate #: 35083
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Isabella Bank (#1005)
    Federal Reserve ID: 2756749
    Date Established: March 15, 1999
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 74660
    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: March 15, 1999
    Last Structure Change Effective Date: January 01, 2008
    Last Structure Change Process Date: January 30, 2008
    Last Data Update: January 30, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1405 West Washington Street, Greenville, MI 48838
    County: Montcalm
    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
  • Financial Summary
  • Total assets: $108.0 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, 2007)

  • Dollar figures in thousands
  • 36Total employees (full-time equivalent)
  • $107,984Total assets
  • $2,374Cash and due from depository institutions
  • $325Interest-bearing balances
  • $4,971Securities
  • $125Federal funds sold & reverse repurchase agreements
  • $90,040Net loans & leases
  • $1,259Loan loss allowance
  • $5,679Trading account assets
  • $2,038Bank premises and fixed assets
  • $548Other real estate owned
  • $0Goodwill and other intangibles
  • $781Life insurance assets
  • $2,209All other assets
  • $107,984Total liabilities and capital
  • $96,785Total liabilities
  • $90,853Total deposits
  • $80,451Interest-bearing deposits
  • $90,853Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $125Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,500Other borrowed funds
  • $0Subordinated debt
  • $307All other liabilities
  • $11,199Total equity capital
  • $11,199Total bank equity capital
  • $11,199Perpetual preferred stock
  • $0Common stock
  • $2,650Surplus
  • $3,280Undivided profits
  • Memoranda
  • $5,269Noncurrent loans and leases
  • $8,814Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,561Earning assets
  • $220Long-term assets (5+ years)
  • $600Average Assets, year-to-date
  • $101,140Average Assets, quarterly
  • $7,262Volatile liabilities
  • $108,350Insider loans
  • $110,365FHLB advances
  • $21,822Loans and leases held for sale
  • $1,744Unused loan commitments
  • $5,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,814Total unused commitments
  • $0Restructured Loans and leases
  • $1,070Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $7,274Total interest income
  • $3,708Total interest expense
  • $3,566Net interest income
  • $254Provision for loan and lease losses
  • $545Total noninterest income
  • $0Fiduciary activities
  • $392Service charges on deposit accounts
  • $0Trading account gains & fees
  • $153Additional noninterest income
  • $2,905Total noninterest expense
  • $1,478Salaries and employee benefits
  • $315Premises and equipment expense
  • $1,112Additional noninterest expense
  • $952Pre-tax net operating income
  • $0Securities gains (losses)
  • $251Applicable income taxes
  • $701Income before extraordinary items
  • $0Extraordinary gains - net
  • $701Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $223Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.18%Yield on earning assets
  • 3.66%Cost of funding earning assets
  • 3.52%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 2.87%Noninterest expense to earning assets
  • 0.65%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 6.43%Return on equity (ROE)
  • 6.43%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 113.90%Credit loss provision to net charge-offs
  • 5.41%Efficiency ratio
  • 70,664Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 80.65%Noncurrent assets plus other real estate owned to assets
  • 1.95%Noncurrent loans to loans
  • 1.71%Net loans and leases to deposits
  • 99.11%Net loans and leases to core deposits
  • 128.34%Equity capital to assets
  • 10.37%Core capital (leverage) ratio
  • 9.80%Tier 1 risk-based capital ratio
  • 12.54%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $108,350Average earning assets
  • $10,896Average equity
  • $101,309Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Greenville Community Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents