Monroe Bank & Trust in Monroe, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches


Monroe Bank & Trust - Overview

  • General
  • FDIC Certificate #: 12181
    Status: Active
    Federal Reserve ID: 364449
    Bank Holding Company (Regulatory Top Holder): Mbt Financial Corp. (RSSDID: 2907822, Location: Monroe, MI)
    Date Established: January 01, 1905
    WWW: http://www.mbandt.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 25 (Domestic: 25, Interstate: No)
    FDIC's unique #: 7735
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 10, 2008
    Last Structure Change Process Date: October 10, 2008
    Last Data Update: October 10, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 East Front Street, Monroe, MI 48161
    County: Monroe
    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): Detroit, MI (#2160)
    Consolidated Metropolitan Statistical Area (CMSA): Detroit-Ann Arbor-Flint, MI (#35)
    Combined Statistical Area (CSA): Detroit-Warren-Flint, MI (#220)
    Core Based Statistical Area (CBSA): Monroe, MI (#33780)
    CBSA Metro Statistical Area: Monroe, MI (#33780)
  • History of Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $1,237.6 mil
    Equity capital: $75.2 mil
    Deposits held in domestic offices: $1,022.4 mil
    Return on assets (ROA): -0.27% (-$3.3 mil)
    Quarterly return on assets: 0.16% ($2.0 mil)
    Return on Equity (ROE): -4.59% (-$3.4 mil)
    Quarterly return on equity: 2.70% ($2.0 mil)
    Net income: -$3.4 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: -0.23% (-$2,846.5 mil)
    Quarterly Pretax return on assets: 0.32% ($3,960.3 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, 2011)

  • Dollar figures in thousands
  • 349Total employees (full-time equivalent)
  • $1,237,601Total assets
  • $75,995Cash and due from depository institutions
  • $57,794Interest-bearing balances
  • $389,871Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $659,645Net loans & leases
  • $20,865Loan loss allowance
  • $0Trading account assets
  • $29,516Bank premises and fixed assets
  • $16,650Other real estate owned
  • $52Goodwill and other intangibles
  • $1,237,601Life insurance assets
  • $65,872All other assets
  • $1,162,381Total liabilities and capital
  • $1,022,425Total liabilities
  • $857,458Total deposits
  • $1,022,425Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 20000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $107,000Trading liabilities
  • $0Other borrowed funds
  • $12,956Subordinated debt
  • $75,220All other liabilities
  • $75,220Total equity capital
  • $75,220Total bank equity capital
  • $0Perpetual preferred stock
  • $31,250Common stock
  • $49,850Surplus
  • $-5,880Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,035Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $51,085Income earned, not collected on loans
  • $219Earning assets
  • $3,582Long-term assets (5+ years)
  • $1,107,310Average Assets, year-to-date
  • $187,599Average Assets, quarterly
  • $1,248,540Volatile liabilities
  • $1,241,331Insider loans
  • $810,325FHLB advances
  • $1,229,629Loans and leases held for sale
  • $47,653Unused loan commitments
  • $46,956Tier 1 (core) risk-based capital
  • $74,106Tier 2 risk-based capital
  • $697Total risk weighted assets
  • $0Total unused commitments
  • $83,242Restructured Loans and leases
  • $12,816Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $49,550Total interest income
  • $14,421Total interest expense
  • $35,129Net interest income
  • $13,800Provision for loan and lease losses
  • $13,594Total noninterest income
  • $3,918Fiduciary activities
  • $4,693Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,983Additional noninterest income
  • $38,859Total noninterest expense
  • $19,475Salaries and employee benefits
  • $4,494Premises and equipment expense
  • $14,890Additional noninterest expense
  • -$3,936Pre-tax net operating income
  • $1,084Securities gains (losses)
  • $500Applicable income taxes
  • -$3,352Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,352Net income attributable to bank
  • $0Net charge-offs
  • -$3,352Cash dividends
  • $14,158Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.46%Yield on earning assets
  • 1.30%Cost of funding earning assets
  • 3.16%Net interest margin
  • 1.22%Noninterest income to earning assets
  • 3.50%Noninterest expense to earning assets
  • -0.36%Net operating income to assets
  • -0.27%Return on assets (ROA)
  • -0.23%Pretax return on assets
  • -4.59%Return on equity (ROE)
  • -4.59%Retained earnings to average equity (YTD only)
  • 1.97%Net charge-offs to loans
  • 97.47%Credit loss provision to net charge-offs
  • 0.70%Efficiency ratio
  • 79,601Assets per employee
  • 3.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.07%Loss allowance to noncurrent loans
  • 40.84%Noncurrent assets plus other real estate owned to assets
  • 5.71%Noncurrent loans to loans
  • 7.51%Net loans and leases to deposits
  • 64.52%Net loans and leases to core deposits
  • 67.71%Equity capital to assets
  • 6.08%Core capital (leverage) ratio
  • 6.03%Tier 1 risk-based capital ratio
  • 9.15%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $1,248,540Average earning assets
  • $73,033Average equity
  • $1,110,559Average 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
  • $548,806Managed Assets
  • 1Number of Accounts
  • $505,800Personal trust and agency accounts
  • $140,140Employee benefit-defined contribution accounts
  • $28,907Employee benefit-defined benefit accounts
  • $9,645Other retirement accounts
  • $90,652Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $208,008Other fiduciary accounts
  • $28,448Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 922Number of Accounts
  • $0Personal trust and agency accounts
  • $86,018Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $43,006Other retirement accounts
  • $0Corporate trust and agency accounts
  • $27,446Other fiduciary accounts
  • $6,442Fiduciary accounts held in foreign offices

List of branches

  • 25 Michigan Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07735Monroe Bank & Trust102 East Front Street, Monroe, MI 48161January 01, 1905Full Service Brick and Mortar
    1226420Ida Branch2917 Lewis Avenue, Ida, MI 48140October 17, 1946Full Service Brick and Mortar
    3226422South Monroe Branch1000 South Monroe Street, Monroe, MI 48161November 20, 1958Full Service Brick and Mortar
    4226423Petersburg Branch15 Center Street, Petersburg, MI 49270November 25, 1957Full Service Brick and Mortar
    5226424Temperance Branch9007 Lewis Avenue, Temperance, MI 48182January 15, 1948Full Service Brick and Mortar
    6226425Lambertville Branch7341 Secor Road, Lambertville, MI 48144December 04, 1968Full Service Brick and Mortar
    7226426North Monroe Street Branch1204 North Monroe Street, Monroe, MI 48162October 20, 1969Full Service Brick and Mortar
    8226427West Monroe Branch1500 North Custer Road, Monroe, MI 48162June 12, 1972Full Service Brick and Mortar
    9226428South Dixie Branch14581 South Dixie Highway, Monroe, MI 48161January 21, 1974Full Service Brick and Mortar
    10226429Milan Branch14690 Sanford Road, Milan, MI 48160September 11, 1978Full Service Brick and Mortar
    11226430North Dixie Branch3805 North Dixie Highway, Monroe, MI 48162August 27, 1979Full Service Brick and Mortar
    12226431South Rockwood Branch12754 N. Dixie Highway, South Rockwood, MI 48179December 01, 1987Full Service Brick and Mortar
    14226433Carleton Branch12633 Grafton Road, Carleton, MI 48117October 13, 1988Full Service Brick and Mortar
    16226435Dundee Branch14077 South Custer Road, Dundee, MI 48131Febuary 17, 1993Limited Service Facility
    17232650Bedford Township Branch6560 Lewis Avenue, Temperance, MI 48182May 14, 1973Full Service Brick and Mortar
    18206674Erie Branch9796 South Dixie Highway, Erie, MI 48133June 01, 1988Full Service Brick and Mortar
    19226436Newport Branch8799 Swan Creek Road, Newport, MI 48166January 23, 1995Limited Service Facility
    20226437Flat Rock Branch28417 N. Telegraph Road, Flat Rock, MI 48134Febuary 23, 1999Full Service Brick and Mortar
    23419458Fort& Vinewood Branch2517 Fort Street, Wyandotte, MI 48192March 24, 2003Full Service Brick and Mortar
    24420289Trenton Branch2410 West Road, Trenton, MI 48183July 28, 2003Full Service Brick and Mortar
    25440700Taylor Branch7146 Pelham Road, Taylor, MI 48180May 16, 2005Full Service Brick and Mortar
    26442980Eureka & Fifth Branch467 Eureka Rd, Wyandotte, MI 48192October 05, 2004Full Service Brick and Mortar
    27467612Dundee West Branch123 Helle Blvd, Dundee, MI 48131October 17, 2006Full Service Brick and Mortar
    28419154Northville Branch201 East Main St, Northville, MI 48167March 01, 2004Full Service Brick and Mortar
    29478923Plymouth Branch706 South Main St, Plymouth, MI 48170July 31, 2007Full Service Brick and Mortar

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