TCF NATIONAL BANK in Ann Arbor, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 2000

  • TCF NATIONAL BANK in Ann Arbor, Michigan (MI)
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TCF NATIONAL BANK - Overview

  • General
  • FDIC Certificate #: 33830
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: TCF National Bank (#28330)
    Federal Reserve ID: 535379
    Date Established: August 27, 1993
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 63 (Interstate: No)
    OTS Docket #: 11212
    FDIC's unique #: 48137
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: August 27, 1993
    Last Structure Change Effective Date: April 01, 2000
    Last Structure Change Process Date: June 05, 2000
    Last Data Update: June 05, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 East Liberty Street, Ann Arbor, MI 48104
    County: Washtenaw
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Detroit
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Ann Arbor, MI (#440)
    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): Ann Arbor, MI (#11460)
    CBSA Metro Statistical Area: Ann Arbor, MI (#11460)
  • Financial Summary
  • Total assets: $2,444.5 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 956Total employees (full-time equivalent)
  • $2,473,963Total assets
  • $92,052Cash and due from depository institutions
  • $20,000Interest-bearing balances
  • $294,245Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,008,551Net loans & leases
  • $21,487Loan loss allowance
  • $0Trading account assets
  • $35,524Bank premises and fixed assets
  • $2,941Other real estate owned
  • $672Goodwill and other intangibles
  • $0Life insurance assets
  • $39,978All other assets
  • $2,473,963Total liabilities and capital
  • $2,307,006Total liabilities
  • $1,427,289Total deposits
  • $1,210,882Interest-bearing deposits
  • $1,427,289Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $218,100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $629,525Other borrowed funds
  • $0Subordinated debt
  • $32,092All other liabilities
  • $166,957Total equity capital
  • $166,957Total bank equity capital
  • $166,957Perpetual preferred stock
  • $0Common stock
  • $50,100Surplus
  • $98,826Undivided profits
  • Memoranda
  • $18,031Noncurrent loans and leases
  • $328,120Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,977Earning assets
  • $39Long-term assets (5+ years)
  • $10,750Average Assets, year-to-date
  • $2,322,796Average Assets, quarterly
  • $1,374,503Volatile liabilities
  • $2,423,038Insider loans
  • $2,452,129FHLB advances
  • $547,787Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $426Tier 2 risk-based capital
  • $4,525Total risk weighted assets
  • $328,120Total unused commitments
  • $0Restructured Loans and leases
  • $20,538Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $181,057Total interest income
  • $88,651Total interest expense
  • $92,406Net interest income
  • -$3,340Provision for loan and lease losses
  • $35,761Total noninterest income
  • $0Fiduciary activities
  • $20,352Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15,409Additional noninterest income
  • $69,832Total noninterest expense
  • $29,869Salaries and employee benefits
  • $8,971Premises and equipment expense
  • $30,992Additional noninterest expense
  • $61,675Pre-tax net operating income
  • $0Securities gains (losses)
  • $21,494Applicable income taxes
  • $40,181Income before extraordinary items
  • $0Extraordinary gains - net
  • $40,181Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$6Sale, conversion, retirement of capital stock, net
  • $40,181Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.93%Yield on earning assets
  • 3.88%Cost of funding earning assets
  • 4.05%Net interest margin
  • 1.57%Noninterest income to earning assets
  • 3.06%Noninterest expense to earning assets
  • 1.66%Net operating income to assets
  • 1.66%Return on assets (ROA)
  • 2.55%Pretax return on assets
  • 23.44%Return on equity (ROE)
  • 0.00%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • 55666.67%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 54,289Assets per employee
  • 2.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 100.00%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 540.28%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 140.72%Net loans and leases to core deposits
  • 164.01%Equity capital to assets
  • 6.75%Core capital (leverage) ratio
  • 7.12%Tier 1 risk-based capital ratio
  • 10.66%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $2,423,038Average earning assets
  • $171,416Average equity
  • $2,283,697Average loans

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