The Commercial and Savings Bank of St. Clair County in St. Clair, Michigan (MI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 10, 1997

  • The Commercial and Savings Bank of St. Clair County in St. Clair, Michigan (MI)
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The Commercial and Savings Bank of St. Clair County - Overview

  • General
  • FDIC Certificate #: 1011
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank (#993)
    Federal Reserve ID: 951148
    Date Established: January 01, 1871
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Interstate: No)
    FDIC's unique #: 669
    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 01, 1934
    Last Structure Change Effective Date: May 10, 1997
    Last Structure Change Process Date: June 05, 1997
    Last Data Update: June 05, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 South Riverside Avenue, St. Clair, MI 48079
    County: St. Clair
    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: $256.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $154Total assets
  • $220,289Cash and due from depository institutions
  • $9,918Interest-bearing balances
  • $0Securities
  • $69,671Federal funds sold & reverse repurchase agreements
  • $350Net loans & leases
  • $131,553Loan loss allowance
  • $1,590Trading account assets
  • $0Bank premises and fixed assets
  • $5,412Other real estate owned
  • $0Goodwill and other intangibles
  • $3,385Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $220,289Total liabilities
  • $195,767Total deposits
  • $194,310Interest-bearing deposits
  • $170,656Deposits held in domestic offices
  • 194310.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,457Total equity capital
  • $1,457Total bank equity capital
  • $24,522Perpetual preferred stock
  • $0Common stock
  • $4,000Surplus
  • $12,000Undivided profits
  • Memoranda
  • $8,522Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,242Income earned, not collected on loans
  • $709Earning assets
  • $201,574Long-term assets (5+ years)
  • $32,800Average Assets, year-to-date
  • $230,301Average Assets, quarterly
  • $227,609Volatile liabilities
  • $19,965Insider loans
  • $9,801FHLB advances
  • $0Loans and leases held for sale
  • $387Unused loan commitments
  • $17,996Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $24,466Total risk weighted assets
  • $130,061Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,285Total interest expense
  • $7,051Net interest income
  • $9,234Provision for loan and lease losses
  • $141Total noninterest income
  • $3,817Fiduciary activities
  • $1,828Service charges on deposit accounts
  • $703Trading account gains & fees
  • $0Additional noninterest income
  • $1,286Total noninterest expense
  • $9,606Salaries and employee benefits
  • $5,331Premises and equipment expense
  • $1,389Additional noninterest expense
  • $2,886Pre-tax net operating income
  • $3,304Securities gains (losses)
  • -$30Applicable income taxes
  • $699Income before extraordinary items
  • $2,575Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,575Net charge-offs
  • $47Cash dividends
  • $1,424Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.66%Cost of funding earning assets
  • 3.32%Net interest margin
  • 4.34%Noninterest income to earning assets
  • 1.79%Noninterest expense to earning assets
  • 4.52%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 1.42%Return on equity (ROE)
  • 10.79%Retained earnings to average equity (YTD only)
  • 4.82%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 300.00%Efficiency ratio
  • 73,604Assets per employee
  • 1.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.30%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 128.02%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 0.93%Net loans and leases to deposits
  • 67.70%Net loans and leases to core deposits
  • 75.46%Equity capital to assets
  • 11.13%Core capital (leverage) ratio
  • 10.94%Tier 1 risk-based capital ratio
  • 18.81%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $230,301Average earning assets
  • $23,860Average equity
  • $212,657Average loans

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