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- Banks in Michigan (MI)
- Peoples State Bank
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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- Banks in Michigan (MI)
- Peoples State Bank
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