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

This bank is inactive as of Febuary 11, 2011

  • Peoples State Bank in Hamtramck, Michigan (MI)
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Peoples State Bank - Overview

  • General
  • FDIC Certificate #: 14939
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Talmer Bank and Trust (#58132)
    Federal Reserve ID: 749046
    Date Established: Febuary 11, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Interstate: No)
    OTS Docket #: 14564
    FDIC's unique #: 9357
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 20, 1934
    Last Structure Change Effective Date: Febuary 11, 2011
    Last Structure Change Process Date: Febuary 14, 2011
    Last Data Update: Febuary 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 9252 Jos. Campau Avenue, Hamtramck, MI 48212
    County: Wayne
    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): Detroit-Warren-Livonia, MI (#19820)
    CBSA Metro Statistical Area: Detroit-Warren-Livonia, MI (#19820)
    Core Based Statistical Division: Detroit-Livonia-Dearborn, MI (#19804)
  • Financial Summary
  • Total assets: $390.5 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, 2010)

  • Dollar figures in thousands
  • 111Total employees (full-time equivalent)
  • $390,524Total assets
  • $15,538Cash and due from depository institutions
  • $8,378Interest-bearing balances
  • $44,300Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $302,437Net loans & leases
  • $16,618Loan loss allowance
  • $0Trading account assets
  • $14,625Bank premises and fixed assets
  • $8,154Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,470All other assets
  • $390,524Total liabilities and capital
  • $391,697Total liabilities
  • $389,868Total deposits
  • $330,405Interest-bearing deposits
  • $389,868Deposits held in domestic offices
  • 97.62%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $342Other borrowed funds
  • $0Subordinated debt
  • $1,487All other liabilities
  • $-1,173Total equity capital
  • $-1,173Total bank equity capital
  • $-1,173Perpetual preferred stock
  • $0Common stock
  • $1,049Surplus
  • $34,667Undivided profits
  • Memoranda
  • $-36,889Noncurrent loans and leases
  • $19,927Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $52,325Earning assets
  • $0Long-term assets (5+ years)
  • $1,953Average Assets, year-to-date
  • $355,115Average Assets, quarterly
  • $64,316Volatile liabilities
  • $437,200Insider loans
  • $410,147FHLB advances
  • $88,036Loans and leases held for sale
  • $2,017Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $19,927Total unused commitments
  • $30,992Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $20,657Total interest income
  • $4,713Total interest expense
  • $15,944Net interest income
  • $19,251Provision for loan and lease losses
  • $2,703Total noninterest income
  • $0Fiduciary activities
  • $2,490Service charges on deposit accounts
  • $0Trading account gains & fees
  • $213Additional noninterest income
  • $17,722Total noninterest expense
  • $6,940Salaries and employee benefits
  • $2,743Premises and equipment expense
  • $8,039Additional noninterest expense
  • -$18,326Pre-tax net operating income
  • $163Securities gains (losses)
  • $5Applicable income taxes
  • -$18,168Income before extraordinary items
  • $0Extraordinary gains - net
  • -$18,168Net income attributable to bank
  • $0Net charge-offs
  • -$18,168Cash dividends
  • $12,102Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.15%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 3.97%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 4.42%Noninterest expense to earning assets
  • -4.19%Net operating income to assets
  • -4.16%Return on assets (ROA)
  • -4.15%Pretax return on assets
  • -153.16%Return on equity (ROE)
  • -153.16%Retained earnings to average equity (YTD only)
  • 3.55%Net charge-offs to loans
  • 159.07%Credit loss provision to net charge-offs
  • 0.08%Efficiency ratio
  • 95,039Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.21%Loss allowance to noncurrent loans
  • 31.76%Noncurrent assets plus other real estate owned to assets
  • 15.49%Noncurrent loans to loans
  • 16.40%Net loans and leases to deposits
  • 77.57%Net loans and leases to core deposits
  • 100.09%Equity capital to assets
  • -0.30%Core capital (leverage) ratio
  • -0.25%Tier 1 risk-based capital ratio
  • -0.35%Total risk-based capital ratio
  • Memoranda
  • -$0Average assets
  • $437,200Average earning assets
  • $11,862Average equity
  • $401,186Average loans

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