Republic Bank S.E. in Bloomfield Hills, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1993

  • Republic Bank S.E. in Bloomfield Hills, Michigan (MI)
  • Show street view No street view available for this location

Republic Bank S.E. - Overview

  • General
  • FDIC Certificate #: 27435
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Republic Bank (#20001)
    Federal Reserve ID: 1358119
    Date Established: January 20, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 39909
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 20, 1989
    Last Structure Change Effective Date: October 01, 1993
    Last Structure Change Process Date: October 26, 1993
    Last Data Update: October 26, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 1700 North Woodward Avenue, Bloomfield Hills, MI 48013
    County: Oakland
    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: Warren-Troy-Farmington Hills, MI (#47644)
  • Financial Summary
  • Total assets: $70.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $20Total assets
  • $65,514Cash and due from depository institutions
  • $4,382Interest-bearing balances
  • $0Securities
  • $4,320Federal funds sold & reverse repurchase agreements
  • $17,300Net loans & leases
  • $38,223Loan loss allowance
  • $484Trading account assets
  • $0Bank premises and fixed assets
  • $716Other real estate owned
  • $82Goodwill and other intangibles
  • $491Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $65,514Total liabilities
  • $61,298Total deposits
  • $60,659Interest-bearing deposits
  • $42,604Deposits held in domestic offices
  • 60659.00%% insured (estimated)
  • $66Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $639Total equity capital
  • $639Total bank equity capital
  • $4,216Perpetual preferred stock
  • $600Common stock
  • $2,143Surplus
  • $1,860Undivided profits
  • Memoranda
  • $-387Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $267Income earned, not collected on loans
  • $234Earning assets
  • $59,843Long-term assets (5+ years)
  • $4,168Average Assets, year-to-date
  • $43,077Average Assets, quarterly
  • $53,535Volatile liabilities
  • $11,830Insider loans
  • $110FHLB advances
  • $0Loans and leases held for sale
  • $8,956Unused loan commitments
  • $2,777Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,216Total risk weighted assets
  • $29,600Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,060Total interest expense
  • $1,581Net interest income
  • $1,479Provision for loan and lease losses
  • $158Total noninterest income
  • $769Fiduciary activities
  • $0Service charges on deposit accounts
  • $53Trading account gains & fees
  • $0Additional noninterest income
  • $716Total noninterest expense
  • $2,044Salaries and employee benefits
  • $932Premises and equipment expense
  • $465Additional noninterest expense
  • $647Pre-tax net operating income
  • $46Securities gains (losses)
  • $184Applicable income taxes
  • $79Income before extraordinary items
  • $151Extraordinary gains - net
  • $0Net income attributable to bank
  • $151Net charge-offs
  • $38Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.68%Cost of funding earning assets
  • 3.97%Net interest margin
  • 3.71%Noninterest income to earning assets
  • 1.93%Noninterest expense to earning assets
  • 5.13%Net operating income to assets
  • 0.07%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 0.53%Return on equity (ROE)
  • 3.67%Retained earnings to average equity (YTD only)
  • 3.67%Net charge-offs to loans
  • 0.12%Credit loss provision to net charge-offs
  • 415.79%Efficiency ratio
  • 90,925Assets per employee
  • 3.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 181.27%Noncurrent assets plus other real estate owned to assets
  • 0.53%Noncurrent loans to loans
  • 0.69%Net loans and leases to deposits
  • 63.01%Net loans and leases to core deposits
  • 78.28%Equity capital to assets
  • 6.44%Core capital (leverage) ratio
  • 8.84%Tier 1 risk-based capital ratio
  • 14.24%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $43,077Average earning assets
  • $4,119Average equity
  • $39,841Average loans

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