Hillsdale County National Bank in Hillsdale, Michigan (MI)



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Hillsdale County National Bank routing number info

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Hillsdale County National Bank
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)145
Total assets$382,506
Cash and due from depository institutions$33,933
Interest-bearing balances$19,288
Securities$18,845
Federal funds sold & reverse repurchase agreements$263
Net loans & leases$309,436
Loan loss allowance $5,613
Trading account assets$0
Bank premises and fixed assets$4,098
Other real estate owned$1,663
Goodwill and other intangibles$3,893
All other assets$10,375
Life insurance assets$382,506
Total liabilities and capital$349,104
Total liabilities$324,743
Total deposits$264,563
Interest-bearing deposits$324,743
Deposits held in domestic offices$89
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$22,531
Other borrowed funds $0
Subordinated debt $1,830
All other liabilities $33,402
Total equity capital$33,402
Total bank equity capital$33,402
Perpetual preferred stock$0
Common stock$5,282
Surplus$5,504
Undivided profits $22,616
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $3,411
Earning assets $31
Long-term assets (5+ years) $1,258
Average Assets, year-to-date $347,832
Average Assets, quarterly $76,095
Volatile liabilities $364,633
Insider loans $375,352
FHLB advances $282,011
Loans and leases held for sale $375,288
Unused loan commitments $4,000
Tier 1 (core) risk-based capital $4,000
Tier 2 risk-based capital $30,561
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $72,153
Derivatives$4,101
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $18,047
Total interest expense $1,947
Net interest income $16,100
Provision for loan and lease losses $1,915
Total noninterest income $4,093
Fiduciary activities $533
Service charges on deposit accounts $922
Trading account gains & fees $0
Additional noninterest income $2,638
Total noninterest expense $13,395
Salaries and employee benefits $8,257
Premises and equipment expense $1,816
Additional noninterest expense $3,322
Pre-tax net operating income $4,883
Securities gains (losses) $103
Applicable income taxes $1,524
Income before extraordinary items $3,462
Extraordinary gains - net $0
Net income attributable to bank $3,462
Net charge-offs $0
Cash dividends $3,462
Sale, conversion, retirement of capital stock, net $1,098
Net operating income $1,688
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.38%
Cost of funding earning assets 0.58%
Net interest margin 4.80%
Noninterest income to earning assets 1.22%
Noninterest expense to earning assets 3.99%
Net operating income to assets 0.93%
Return on assets (ROA) 0.95%
Pretax return on assets 1.37%
Return on equity (ROE) 10.54%
Retained earnings to average equity (YTD only) 5.40%
Net charge-offs to loans 0.36%
Credit loss provision to net charge-offs 174.41%
Efficiency ratio6.19%
Assets per employee$66,335
Cash dividends to net income (YTD only)2.64%
Condition Ratios (%)
Loss allowance to loans 48.76%
Loss allowance to noncurrent loans 1.78%
Noncurrent assets plus other real estate owned to assets 164.56%
Noncurrent loans to loans 1.33%
Net loans and leases to deposits1.08%
Net loans and leases to core deposits 95.29%
Equity capital to assets 100.01%
Core capital (leverage) ratio 8.73%
Tier 1 risk-based capital ratio 8.14%
Total risk-based capital ratio 10.84%
Memoranda
Average assets$12
Average earning assets$364,633
Average equity $32,835
Average loans $335,375
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$87,395
Number of Accounts1
Personal trust and agency accounts$57,338
Employee benefit-defined contribution accounts$57,338
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts652
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$30,057
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$25,776
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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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