Hillsdale County National Bank in Hillsdale, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Hillsdale County National Bank in Hillsdale, Michigan (MI)
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Hillsdale County National Bank - Overview

  • General
  • FDIC Certificate #: 14073
    Status: Active
    Federal Reserve ID: 682143
    Bank Holding Company (Regulatory Top Holder): Cnb Community Bancorp, Inc. (RSSDID: 3340015, Location: Hillsdale, MI)
    Date Established: March 19, 1934
    WWW: http://www.countynationalbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 11305
    FDIC's unique #: 8798
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 19, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 South Howell Street, Hillsdale, MI 49242
    County: Hillsdale
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $382.5 mil
    Equity capital: $33.4 mil
    Deposits held in domestic offices: $324.7 mil
    Return on assets (ROA): 0.95% ($3.6 mil)
    Quarterly return on assets: 0.86% ($3.3 mil)
    Return on Equity (ROE): 10.54% ($3.5 mil)
    Quarterly return on equity: 9.69% ($3.2 mil)
    Net income: $3.5 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.37% ($5,240.3 mil)
    Quarterly Pretax return on assets: 1.27% ($4,857.8 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, 2011)

  • Dollar figures in thousands
  • 145Total employees (full-time equivalent)
  • $382,506Total assets
  • $33,933Cash and due from depository institutions
  • $19,288Interest-bearing balances
  • $18,845Securities
  • $263Federal funds sold & reverse repurchase agreements
  • $309,436Net loans & leases
  • $5,613Loan loss allowance
  • $0Trading account assets
  • $4,098Bank premises and fixed assets
  • $1,663Other real estate owned
  • $3,893Goodwill and other intangibles
  • $382,506Life insurance assets
  • $10,375All other assets
  • $349,104Total liabilities and capital
  • $324,743Total liabilities
  • $264,563Total deposits
  • $324,743Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $22,531Trading liabilities
  • $0Other borrowed funds
  • $1,830Subordinated debt
  • $33,402All other liabilities
  • $33,402Total equity capital
  • $33,402Total bank equity capital
  • $0Perpetual preferred stock
  • $5,282Common stock
  • $5,504Surplus
  • $22,616Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,411Income earned, not collected on loans
  • $31Earning assets
  • $1,258Long-term assets (5+ years)
  • $347,832Average Assets, year-to-date
  • $76,095Average Assets, quarterly
  • $364,633Volatile liabilities
  • $375,352Insider loans
  • $282,011FHLB advances
  • $375,288Loans and leases held for sale
  • $4,000Unused loan commitments
  • $4,000Tier 1 (core) risk-based capital
  • $30,561Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $72,153Restructured Loans and leases
  • $4,101Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,047Total interest income
  • $1,947Total interest expense
  • $16,100Net interest income
  • $1,915Provision for loan and lease losses
  • $4,093Total noninterest income
  • $533Fiduciary activities
  • $922Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,638Additional noninterest income
  • $13,395Total noninterest expense
  • $8,257Salaries and employee benefits
  • $1,816Premises and equipment expense
  • $3,322Additional noninterest expense
  • $4,883Pre-tax net operating income
  • $103Securities gains (losses)
  • $1,524Applicable income taxes
  • $3,462Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,462Net income attributable to bank
  • $0Net charge-offs
  • $3,462Cash dividends
  • $1,098Sale, conversion, retirement of capital stock, net
  • $1,688Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.38%Yield on earning assets
  • 0.58%Cost of funding earning assets
  • 4.80%Net interest margin
  • 1.22%Noninterest income to earning assets
  • 3.99%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.37%Pretax return on assets
  • 10.54%Return on equity (ROE)
  • 5.40%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 174.41%Credit loss provision to net charge-offs
  • 6.19%Efficiency ratio
  • 66,335Assets per employee
  • 2.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.76%Loss allowance to loans
  • 1.78%Loss allowance to noncurrent loans
  • 164.56%Noncurrent assets plus other real estate owned to assets
  • 1.33%Noncurrent loans to loans
  • 1.08%Net loans and leases to deposits
  • 95.29%Net loans and leases to core deposits
  • 100.01%Equity capital to assets
  • 8.73%Core capital (leverage) ratio
  • 8.14%Tier 1 risk-based capital ratio
  • 10.84%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $364,633Average earning assets
  • $32,835Average equity
  • $335,375Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $87,395Managed Assets
  • 1Number of Accounts
  • $57,338Personal trust and agency accounts
  • $57,338Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 652Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $30,057Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $25,776Fiduciary accounts held in foreign offices

List of branches

  • 13 Michigan Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08798Hillsdale County National Bank1 South Howell Street, Hillsdale, MI 49242March 19, 1934Full Service Brick and Mortar
    2230900Grosvenor Branch228 East Chicago Avenue, Jonesville, MI 49250July 02, 1962Full Service Brick and Mortar
    3230901Buchanan Branch150 Lewis Street, Hillsdale, MI 49242August 19, 1974Limited Service Facility
    5272882Hudson Branch325 Railroad St, Hudson, MI 49247January 01, 1923Full Service Brick and Mortar
    69026Litchfield Branch112 Jonesville Street, Litchfield, MI 49252October 12, 1908Full Service Brick and Mortar
    7231483Hanover Branch125 West Main Street, Hanover, MI 49241October 15, 1960Full Service Brick and Mortar
    8231484Spring Arbor Branch119 West Main Street, Spring Arbor, MI 49283July 01, 1964Full Service Brick and Mortar
    9231485Somerset Center Branch12641 East Chicago Road, Somerset Center, MI 49282January 02, 1969Full Service Brick and Mortar
    10228257Homer Branch105-109 West Main Street, Homer, MI 49245November 06, 1964Full Service Brick and Mortar
    11360265Jackson Branch270 West Cortland Street, Jackson, MI 49201April 09, 2001Full Service Brick and Mortar
    12360271Messenger Service BranchOne South Howell Street, Hillsdale, MI 49242April 09, 2001Limited Service Messenger
    13433517North Wisner Branch1800 North Wisner Street, Jackson, MI 49202October 25, 2004Full Service Brick and Mortar
    14478528Horton Rd. Branch1523 Horton Rd, Jackson, MI 49203August 22, 2007Full Service Brick and Mortar

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