Marshall Savings Bank, F.S.B. in Marshall, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 07, 2004

  • Marshall Savings Bank, F.S.B. in Marshall, Michigan (MI)
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Marshall Savings Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 30502
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Monarch Community Bank (#29069)
    Federal Reserve ID: 295570
    Date Established: January 01, 1920
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5462
    FDIC's unique #: 43336
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: August 17, 1956
    Last Structure Change Effective Date: June 07, 2004
    Last Structure Change Process Date: June 23, 2004
    Last Data Update: June 23, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 107 N Park Street, Marshall, MI 49068
    County: Calhoun
    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
    Metropolitan Statistical Area (MSA): Kalamazoo-Battle Creek, MI (#3720)
    Core Based Statistical Area (CBSA): Battle Creek, MI (#12980)
    CBSA Metro Statistical Area: Battle Creek, MI (#12980)
  • Financial Summary
  • Total assets: $92.3 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, 2003)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $94,375Total assets
  • $4,145Cash and due from depository institutions
  • $2,081Interest-bearing balances
  • $8,708Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $72,271Net loans & leases
  • $477Loan loss allowance
  • $0Trading account assets
  • $1,246Bank premises and fixed assets
  • $1,584Other real estate owned
  • $2,584Goodwill and other intangibles
  • $0Life insurance assets
  • $3,837All other assets
  • $94,375Total liabilities and capital
  • $80,310Total liabilities
  • $70,739Total deposits
  • $65,283Interest-bearing deposits
  • $70,739Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $9,383Other borrowed funds
  • $0Subordinated debt
  • $188All other liabilities
  • $14,065Total equity capital
  • $14,065Total bank equity capital
  • $14,065Perpetual preferred stock
  • $0Common stock
  • $15Surplus
  • $4,589Undivided profits
  • Memoranda
  • $9,461Noncurrent loans and leases
  • $9,449Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,139Earning assets
  • $0Long-term assets (5+ years)
  • $417Average Assets, year-to-date
  • $83,060Average Assets, quarterly
  • $0Volatile liabilities
  • $99,429Insider loans
  • $95,901FHLB advances
  • $17,853Loans and leases held for sale
  • $4Unused loan commitments
  • $9,327Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,449Total unused commitments
  • $0Restructured Loans and leases
  • $477Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $5,254Total interest income
  • $1,811Total interest expense
  • $3,443Net interest income
  • $175Provision for loan and lease losses
  • $1,185Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,185Additional noninterest income
  • $3,047Total noninterest expense
  • $1,628Salaries and employee benefits
  • $642Premises and equipment expense
  • $777Additional noninterest expense
  • $1,406Pre-tax net operating income
  • $1,179Securities gains (losses)
  • $968Applicable income taxes
  • $1,617Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,617Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $211Sale, conversion, retirement of capital stock, net
  • $973Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.91%Yield on earning assets
  • 2.04%Cost of funding earning assets
  • 3.87%Net interest margin
  • 1.33%Noninterest income to earning assets
  • 3.43%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 1.63%Return on assets (ROA)
  • 2.60%Pretax return on assets
  • 11.83%Return on equity (ROE)
  • 4.71%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 82.94%Credit loss provision to net charge-offs
  • 7.49%Efficiency ratio
  • 64,304Assets per employee
  • 3.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.17%Loss allowance to loans
  • 0.66%Loss allowance to noncurrent loans
  • 41.88%Noncurrent assets plus other real estate owned to assets
  • 2.89%Noncurrent loans to loans
  • 1.57%Net loans and leases to deposits
  • 102.17%Net loans and leases to core deposits
  • 116.06%Equity capital to assets
  • 14.90%Core capital (leverage) ratio
  • 13.29%Tier 1 risk-based capital ratio
  • 19.72%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $99,429Average earning assets
  • $13,664Average equity
  • $88,859Average loans

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