Home > First Federal of Michigan > Assets and Liabilities
First Federal of Michigan, Assets and Liabilities
| 1994-12-31 | Rank | |
| # of Employees: | 998 | 252 |
| Assets and Liabilities | ||
| Total Assets: | $8,383,847,000 | 100 |
| Cash and due from depository institutions | $52,454,000 | 252 |
| Interest-bearing balances | $1,750,000 | 1,740 |
| Securities | $4,942,482,000 | 21 |
| Federal funds sold & reverse repurchase agreements | $52,300,000 | 265 |
| Net loans & leases | $3,051,765,000 | 170 |
| Loan loss allowance | $27,968,000 | 277 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $44,038,000 | 225 |
| Other real estate owned | $4,383,000 | 252 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $236,425,000 | 101 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $8,383,847,000 | 100 |
| Total liabilities | $7,942,626,000 | 95 |
| Total deposits | $2,765,654,000 | 202 |
| Interest-bearing deposits | $2,706,109,000 | 174 |
| Deposits held in domestic offices | $2,765,654,000 | 196 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $3,254,508,000 | 22 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $1,824,723,000 | 45 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $97,741,000 | 146 |
| Total equity capital | $441,221,000 | 154 |
| Total bank equity capital | $441,221,000 | 154 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $1,000 | 11,259 |
| Surplus | $104,565,000 | 246 |
| Undivided profits | $336,655,000 | 90 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $10,972,000 | 443 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $18,865,000 | 181 |
| Earning assets | $8,048,297,000 | 91 |
| Long-term assets (5+ years) | $0 | 10,888 |
| Average Assets, year-to-date | $8,507,921,000 | 92 |
| Average Assets, quarterly | $8,405,605,500 | 96 |
| Volatile liabilities | $5,383,615,000 | 42 |
| Insider loans | $87,000 | 9,643 |
| FHLB advances | $1,678,079,000 | 13 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $62,174,000 | 847 |
| Tier 1 (core) risk-based capital | $444,276,000 | 143 |
| Tier 2 risk-based capital | $26,465,000 | 244 |
| Total risk weighted assets | $2,964,237,000 | 180 |
| Total unused commitments | $62,174,000 | 855 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 1,134 | 232 |
| Assets and Liabilities | ||
| Total Assets: | $9,038,719,000 | 76 |
| Cash and due from depository institutions | $52,068,000 | 232 |
| Interest-bearing balances | $3,000 | 7,568 |
| Securities | $5,448,482,000 | 19 |
| Federal funds sold & reverse repurchase agreements | $9,700,000 | 1,408 |
| Net loans & leases | $3,163,505,000 | 145 |
| Loan loss allowance | $28,778,000 | 285 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $45,740,000 | 198 |
| Other real estate owned | $14,201,000 | 232 |
| Goodwill and other intangibles | $20,707,000 | 179 |
| All other assets | $284,316,000 | 84 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $9,038,719,000 | 76 |
| Total liabilities | $8,485,623,000 | 72 |
| Total deposits | $3,007,837,000 | 189 |
| Interest-bearing deposits | $3,007,837,000 | 150 |
| Deposits held in domestic offices | $3,007,837,000 | 184 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $3,547,426,000 | 13 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $1,811,490,000 | 36 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $118,870,000 | 126 |
| Total equity capital | $553,096,000 | 110 |
| Total bank equity capital | $553,096,000 | 110 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $1,000 | 11,788 |
| Surplus | $104,565,000 | 235 |
| Undivided profits | $448,530,000 | 59 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $12,278,000 | 513 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $18,735,000 | 137 |
| Earning assets | $8,621,690,000 | 67 |
| Long-term assets (5+ years) | $0 | 11,403 |
| Average Assets, year-to-date | $9,235,771,600 | 69 |
| Average Assets, quarterly | $9,138,500,500 | 73 |
| Volatile liabilities | $5,709,093,000 | 33 |
| Insider loans | $39,000 | 10,848 |
| FHLB advances | $1,676,576,000 | 10 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $74,501,000 | 741 |
| Tier 1 (core) risk-based capital | $550,145,000 | 97 |
| Tier 2 risk-based capital | $28,056,000 | 219 |
| Total risk weighted assets | $3,313,535,000 | 149 |
| Total unused commitments | $74,501,000 | 760 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 1,210 | 216 |
| Assets and Liabilities | ||
| Total Assets: | $9,155,371,000 | 70 |
| Cash and due from depository institutions | $40,833,000 | 216 |
| Interest-bearing balances | $4,000 | 7,977 |
| Securities | $5,261,564,000 | 17 |
| Federal funds sold & reverse repurchase agreements | $0 | 11,296 |
| Net loans & leases | $3,448,127,000 | 122 |
| Loan loss allowance | $29,271,000 | 292 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $47,461,000 | 188 |
| Other real estate owned | $13,661,000 | 216 |
| Goodwill and other intangibles | $22,152,000 | 167 |
| All other assets | $321,573,000 | 76 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $9,155,371,000 | 70 |
| Total liabilities | $8,659,603,000 | 67 |
| Total deposits | $3,360,402,000 | 164 |
| Interest-bearing deposits | $3,290,291,000 | 138 |
| Deposits held in domestic offices | $3,360,402,000 | 159 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $3,034,997,000 | 19 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $2,100,193,000 | 17 |
| Subordinated debt | $23,709,000 | 120 |
| All other liabilities | $140,302,000 | 101 |
| Total equity capital | $495,768,000 | 98 |
| Total bank equity capital | $495,768,000 | 98 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $1,000 | 12,319 |
| Surplus | $81,207,000 | 274 |
| Undivided profits | $414,560,000 | 48 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $18,441,000 | 468 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $22,399,000 | 122 |
| Earning assets | $8,709,695,000 | 62 |
| Long-term assets (5+ years) | $0 | 11,806 |
| Average Assets, year-to-date | $9,157,140,200 | 68 |
| Average Assets, quarterly | $9,186,331,000 | 67 |
| Volatile liabilities | $5,424,704,000 | 32 |
| Insider loans | $0 | 9,493 |
| FHLB advances | $1,838,698,000 | 5 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $72,575,000 | 745 |
| Tier 1 (core) risk-based capital | $494,675,000 | 90 |
| Tier 2 risk-based capital | $52,600,000 | 144 |
| Total risk weighted assets | $3,685,099,000 | 127 |
| Total unused commitments | $87,075,000 | 685 |
| Derivatives | $0 | 651 |