Home > First Federal of Michigan > Loan Charge- Offs and Recoveries
First Federal of Michigan, Loan Charge- Offs and Recoveries
| 1994-12-31 (YTD Data) | Rank | |
| Total charge-offs | $6,262,000 | 346 |
| Loans secured by real estate, total | $4,594,000 | 191 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $4,594,000 | 191 |
| Construction and land development | $0 | 994 |
| Secured by farmland | NA | NA |
| Total charge-offs secured by 1-4 family residential properties | $3,086,000 | 93 |
| Secured by multifamily residential properties | $1,408,000 | 73 |
| Secured by nonfarm nonresidential properties | $100,000 | 988 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 7,969 |
| Loans to individuals | $1,668,000 | 376 |
| Credit card loan charge offs | $55,000 | 886 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $1,613,000 | 240 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $47,000 | 4,661 |
| Loans secured by real estate, total | $0 | 5,649 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $0 | 5,631 |
| Construction and land development | $0 | 797 |
| Secured by farmland | NA | NA |
| Secured by 1-4 family residential properties - total recoveries | $0 | 4,282 |
| Secured by multifamily residential properties | $0 | 504 |
| Secured by nonfarm nonresidential properties | $0 | 2,421 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 8,252 |
| Loans to individuals | $47,000 | 1,918 |
| Credit card loan recoveries | $38,000 | 518 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $9,000 | 4,913 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $6,215,000 | 259 |
| Loans secured by real estate, total | $4,594,000 | 160 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $4,594,000 | 159 |
| Construction and land development | $0 | 849 |
| Secured by farmland | NA | NA |
| Secured by 1-4 family residential properties- net charge-offs | $3,086,000 | 84 |
| Secured by multifamily residential properties | $1,408,000 | 64 |
| Secured by nonfarm nonresidential properties | $100,000 | 818 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 5,704 |
| To non-U.S. addressees | NA | NA |
| Loans to individuals | $1,621,000 | 285 |
| Credit card loan net charge offs | $17,000 | 1,387 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $1,604,000 | 136 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| 1993-12-31 (YTD Data) | Rank | |
| Total charge-offs | $2,936,000 | 703 |
| Loans secured by real estate, total | $635,000 | 899 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $635,000 | 897 |
| Construction and land development | $0 | 1,259 |
| Secured by farmland | NA | NA |
| Total charge-offs secured by 1-4 family residential properties | $0 | 5,721 |
| Secured by multifamily residential properties | $0 | 764 |
| Secured by nonfarm nonresidential properties | $635,000 | 498 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 8,929 |
| Loans to individuals | $2,301,000 | 337 |
| Credit card loan charge offs | $100,000 | 753 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $2,201,000 | 214 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $44,000 | 5,234 |
| Loans secured by real estate, total | $0 | 6,091 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $0 | 6,082 |
| Construction and land development | $0 | 926 |
| Secured by farmland | NA | NA |
| Secured by 1-4 family residential properties - total recoveries | $0 | 4,624 |
| Secured by multifamily residential properties | $0 | 535 |
| Secured by nonfarm nonresidential properties | $0 | 2,606 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 8,809 |
| Loans to individuals | $44,000 | 2,151 |
| Credit card loan recoveries | $32,000 | 584 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $12,000 | 4,625 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $2,892,000 | 576 |
| Loans secured by real estate, total | $635,000 | 791 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $635,000 | 789 |
| Construction and land development | $0 | 1,117 |
| Secured by farmland | NA | NA |
| Secured by 1-4 family residential properties- net charge-offs | $0 | 4,945 |
| Secured by multifamily residential properties | $0 | 715 |
| Secured by nonfarm nonresidential properties | $635,000 | 449 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 6,774 |
| To non-U.S. addressees | NA | NA |
| Loans to individuals | $2,257,000 | 265 |
| Credit card loan net charge offs | $68,000 | 806 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $2,189,000 | 127 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| 1992-12-31 (YTD Data) | Rank | |
| Total charge-offs | $2,780,000 | 901 |
| Loans secured by real estate, total | $0 | 8,179 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $0 | 8,166 |
| Construction and land development | $0 | 1,669 |
| Secured by farmland | NA | NA |
| Total charge-offs secured by 1-4 family residential properties | $0 | 6,523 |
| Secured by multifamily residential properties | $0 | 893 |
| Secured by nonfarm nonresidential properties | $0 | 3,945 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 9,917 |
| Loans to individuals | $2,780,000 | 346 |
| Credit card loan charge offs | $138,000 | 743 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $2,642,000 | 232 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $36,000 | 6,106 |
| Loans secured by real estate, total | $0 | 6,234 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $0 | 6,207 |
| Construction and land development | $0 | 1,048 |
| Secured by farmland | NA | NA |
| Secured by 1-4 family residential properties - total recoveries | $0 | 4,685 |
| Secured by multifamily residential properties | $0 | 476 |
| Secured by nonfarm nonresidential properties | $0 | 2,509 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 9,301 |
| Loans to individuals | $36,000 | 2,650 |
| Credit card loan recoveries | $31,000 | 584 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $5,000 | 6,866 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $2,744,000 | 781 |
| Loans secured by real estate, total | $0 | 7,205 |
| To non-U.S. addressees | NA | NA |
| Real estate loans in domestic offices | $0 | 7,197 |
| Construction and land development | $0 | 1,547 |
| Secured by farmland | NA | NA |
| Secured by 1-4 family residential properties- net charge-offs | $0 | 5,775 |
| Secured by multifamily residential properties | $0 | 849 |
| Secured by nonfarm nonresidential properties | $0 | 3,618 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | NA | NA |
| To foreign banks | NA | NA |
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Commercial and industrial loans | $0 | 8,199 |
| To non-U.S. addressees | NA | NA |
| Loans to individuals | $2,744,000 | 296 |
| Credit card loan net charge offs | $107,000 | 769 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $2,637,000 | 159 |
| Loans to foreign governments and official institutions | NA | NA |
| Other loans | NA | NA |
| Lease financing receivables | NA | NA |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.