Mason State Bank in city_name, state_name - Detailed Financial Reports, Location

Mason State Bank in Mason, Michigan (MI)
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Mason State Bank routing number info

Mason State Bank - Overview

General
FDIC Certificate #: 1001
Status: Active
Federal Reserve ID: 49344
Bank Holding Company (Regulatory Top Holder): Capital Directions, Inc. (RSSDID: 1249132, Location: Mason, MI)
Date Established: June 07, 1886
WWW: http://www.masonstate.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 10973
FDIC's unique #: 661
Numeric code: 21
Regulator: FDIC
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: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 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: 322 South Jefferson Street, Mason, MI 48854
County: Ingham
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
Metropolitan Statistical Area (MSA): Lansing-East Lansing, MI (#4040)
Combined Statistical Area (CSA): Lansing-East Lansing-Owosso, MI (#330)
Core Based Statistical Area (CBSA): Lansing-East Lansing, MI (#29620)
CBSA Metro Statistical Area: Lansing-East Lansing, MI (#29620)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $121.7 mil
Equity capital: $13.2 mil
Deposits held in domestic offices: $79.7 mil
Return on assets (ROA): 0.45% ($0.5 mil)
Quarterly return on assets: 0.22% ($0.3 mil)
Return on Equity (ROE): 4.25% ($0.6 mil)
Quarterly return on equity: 2.03% ($0.3 mil)
Net income: $0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.45% ($547.8 mil)
Quarterly Pretax return on assets: 0.22% ($267.8 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
31Total employees (full-time equivalent)
$121,728Total assets
$12,440Cash and due from depository institutions
$9,185Interest-bearing balances
$19,620Securities
$0Federal funds sold & reverse repurchase agreements
$81,844Net loans & leases
$390Loan loss allowance
$0Trading account assets
$774Bank premises and fixed assets
$1,727Other real estate owned
$273Goodwill and other intangibles
$121,728Life insurance assets
$5,050All other assets
$108,514Total liabilities and capital
$79,690Total liabilities
$61,432Total deposits
$79,690Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$27,850Trading liabilities
$0Other borrowed funds
$974Subordinated debt
$13,214All other liabilities
$13,214Total equity capital
$13,214Total bank equity capital
$0Perpetual preferred stock
$744Common stock
$7,256Surplus
$5,214Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$737Income earned, not collected on loans
$0Earning assets
$363Long-term assets (5+ years)
$110,649Average Assets, year-to-date
$52,150Average Assets, quarterly
$123,855Volatile liabilities
$123,484Insider loans
$67,221FHLB advances
$122,859Loans and leases held for sale
$2,049Unused loan commitments
$2,049Tier 1 (core) risk-based capital
$12,848Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,780Restructured Loans and leases
$2,195Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,413Total interest income
$2,059Total interest expense
$3,354Net interest income
$155Provision for loan and lease losses
$511Total noninterest income
$0Fiduciary activities
$201Service charges on deposit accounts
$0Trading account gains & fees
$310Additional noninterest income
$3,175Total noninterest expense
$1,768Salaries and employee benefits
$346Premises and equipment expense
$1,061Additional noninterest expense
$535Pre-tax net operating income
$20Securities gains (losses)
$0Applicable income taxes
$555Income before extraordinary items
$0Extraordinary gains - net
$555Net income attributable to bank
$0Net charge-offs
$555Cash dividends
$234Sale, conversion, retirement of capital stock, net
$362Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.86%Yield on earning assets
1.85%Cost of funding earning assets
3.01%Net interest margin
0.46%Noninterest income to earning assets
2.85%Noninterest expense to earning assets
0.43%Net operating income to assets
0.45%Return on assets (ROA)
0.45%Pretax return on assets
4.25%Return on equity (ROE)
1.48%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
66.24%Credit loss provision to net charge-offs
2.95%Efficiency ratio
82,147Assets per employee
3.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.23%Loss allowance to loans
0.47%Loss allowance to noncurrent loans
52.92%Noncurrent assets plus other real estate owned to assets
2.02%Noncurrent loans to loans
0.90%Net loans and leases to deposits
102.70%Net loans and leases to core deposits
127.33%Equity capital to assets
10.86%Core capital (leverage) ratio
10.46%Tier 1 risk-based capital ratio
19.11%Total risk-based capital ratio
Memoranda
$20Average assets
$123,855Average earning assets
$13,061Average equity
$111,479Average loans

List of branches

4 Michigan Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	661	Mason State Bank	322 South Jefferson Street, Mason, MI 48854	June 07, 1886	Full Service Brick and Mortar
1	187401	Cedar Street Branch	661 North Cedar Street, Mason, MI 48854	July 09, 1965	Limited Service Facility
2	187402	Leslie Branch	810 W Bellevue Street, Leslie, MI 49251	October 01, 1998	Full Service Retail
3	465748	Mason State Financial Center Branch	2200 Coolidge Road, Suite 14, East Lansing, MI 48826	July 10, 2006	Full Service Brick and Mortar

Mason State Bank in Mason, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mason State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Mason State Bank in Mason, Michigan (MI)Overview, Financial Summary, Detailed Financial Reports, Branches

Mason State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Mason State Bank in Mason, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches