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)
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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

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