Northstar Bank in city_name, state_name - Detailed Financial Reports, Location

Northstar Bank in Bad Axe, Michigan (MI)
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Northstar Bank routing number info

Northstar Bank - Overview

General
FDIC Certificate #: 57097
Status: Active
Federal Reserve ID: 2958972
Bank Holding Company (Regulatory Top Holder): Northstar Financial Group, Inc. (RSSDID: 2958990, Location: Bad Axe, MI)
Date Established: Febuary 01, 2001
WWW: http://www.northstarathome.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)
FDIC's unique #: 357498
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: Febuary 01, 2001
Last Structure Change Effective Date: Febuary 25, 2010
Last Structure Change Process Date: Febuary 26, 2010
Last Data Update: Febuary 26, 2010
Data Source Date: April 05, 2012
Location
Address: 833 South Van Dyke, Bad Axe, MI 48413
County: Huron
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
Financial Summary
Total assets: $238.3 mil
Equity capital: $25.2 mil
Deposits held in domestic offices: $205.7 mil
Return on assets (ROA): 1.30% ($3.1 mil)
Quarterly return on assets: 0.25% ($0.6 mil)
Return on Equity (ROE): 12.09% ($3.0 mil)
Quarterly return on equity: 2.31% ($0.6 mil)
Net income: $3.1 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.30% ($3,098.2 mil)
Quarterly Pretax return on assets: 0.25% ($595.8 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
53Total employees (full-time equivalent)
$238,325Total assets
$14,691Cash and due from depository institutions
$6,991Interest-bearing balances
$14,863Securities
$0Federal funds sold & reverse repurchase agreements
$195,622Net loans & leases
$5,626Loan loss allowance
$214Trading account assets
$3,889Bank premises and fixed assets
$471Other real estate owned
$3,668Goodwill and other intangibles
$238,325Life insurance assets
$4,907All other assets
$213,091Total liabilities and capital
$205,690Total liabilities
$169,700Total deposits
$205,690Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$214Federal funds purchased & repurchase agreements
$6,202Trading liabilities
$0Other borrowed funds
$985Subordinated debt
$25,234All other liabilities
$25,234Total equity capital
$25,234Total bank equity capital
$0Perpetual preferred stock
$2,500Common stock
$16,893Surplus
$5,841Undivided profits
Memoranda
$0Noncurrent loans and leases
$115Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,584Income earned, not collected on loans
$3,959Earning assets
$1,440Long-term assets (5+ years)
$217,690Average Assets, year-to-date
$9,724Average Assets, quarterly
$236,323Volatile liabilities
$238,110Insider loans
$181,480FHLB advances
$232,059Loans and leases held for sale
$1,836Unused loan commitments
$1,836Tier 1 (core) risk-based capital
$21,191Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$29,898Restructured Loans and leases
$775Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$12,979Total interest income
$2,655Total interest expense
$10,324Net interest income
$981Provision for loan and lease losses
$956Total noninterest income
$0Fiduciary activities
$787Service charges on deposit accounts
$0Trading account gains & fees
$169Additional noninterest income
$7,247Total noninterest expense
$2,581Salaries and employee benefits
$510Premises and equipment expense
$4,156Additional noninterest expense
$3,052Pre-tax net operating income
$29Securities gains (losses)
$0Applicable income taxes
$3,081Income before extraordinary items
$0Extraordinary gains - net
$3,081Net income attributable to bank
$0Net charge-offs
$3,081Cash dividends
$1,640Sale, conversion, retirement of capital stock, net
$3,826Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.99%Yield on earning assets
1.23%Cost of funding earning assets
4.76%Net interest margin
0.44%Noninterest income to earning assets
3.34%Noninterest expense to earning assets
1.29%Net operating income to assets
1.30%Return on assets (ROA)
1.30%Pretax return on assets
12.09%Return on equity (ROE)
-2.92%Retained earnings to average equity (YTD only)
0.83%Net charge-offs to loans
59.82%Credit loss provision to net charge-offs
2.46%Efficiency ratio
61,746Assets per employee
4.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
124.18%Loss allowance to loans
2.80%Loss allowance to noncurrent loans
65.54%Noncurrent assets plus other real estate owned to assets
3.80%Noncurrent loans to loans
4.27%Net loans and leases to deposits
95.11%Net loans and leases to core deposits
111.82%Equity capital to assets
10.59%Core capital (leverage) ratio
9.13%Tier 1 risk-based capital ratio
11.68%Total risk-based capital ratio
Memoranda
$13Average assets
$236,323Average earning assets
$25,481Average equity
$216,679Average loans

List of branches

4 Michigan Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	357498	Northstar Bank	833 South Van Dyke, Bad Axe, MI 48413	Febuary 01, 2001	Full Service Brick and Mortar
2	1038	Community Bank, Caro - Branch	1100 East Caro Road, Caro, MI 48723	January 01, 1926	Full Service Brick and Mortar
3	189867	Akron Branch	3559 Main Street, Akron, MI 48701	May 01, 1992	Full Service Brick and Mortar
4	189868	Pigeon Branch	7611 West Pigeon Road, Pigeon, MI 48755	September 11, 1995	Full Service Brick and Mortar

Northstar Bank in Bad Axe, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Northstar 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:

Northstar Bank in Bad Axe, Michigan (MI)Overview, Financial Summary, Detailed Financial Reports, Branches

Northstar 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:

Northstar Bank in Bad Axe, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches