Home > First of America Bank - Northern Michigan > Assets and Liabilities
First of America Bank - Northern Michigan, Assets and Liabilities
| 1993-12-31 | Rank | |
| # of Employees: | 289 | 730 |
| Assets and Liabilities | ||
| Total Assets: | $653,410,000 | 797 |
| Cash and due from depository institutions | $23,808,000 | 730 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $128,839,000 | 1,067 |
| Federal funds sold & reverse repurchase agreements | $537,000 | 8,997 |
| Net loans & leases | $476,576,000 | 666 |
| Loan loss allowance | $6,349,000 | 832 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $10,340,000 | 701 |
| Other real estate owned | $1,164,000 | 730 |
| Goodwill and other intangibles | $3,544,000 | 525 |
| All other assets | $8,602,000 | 1,057 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $653,410,000 | 797 |
| Total liabilities | $606,708,000 | 792 |
| Total deposits | $562,806,000 | 742 |
| Interest-bearing deposits | $478,733,000 | 753 |
| Deposits held in domestic offices | $562,806,000 | 730 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $39,500,000 | 542 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $257,000 | 3,871 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $4,145,000 | 1,080 |
| Total equity capital | $46,702,000 | 899 |
| Total bank equity capital | $46,702,000 | 899 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $21,084,000 | 190 |
| Surplus | $11,828,000 | 1,255 |
| Undivided profits | $13,790,000 | 1,726 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $4,238,000 | 1,100 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $250,000 | 499 |
| Income earned, not collected on loans | $2,424,000 | 741 |
| Earning assets | $605,952,000 | 784 |
| Long-term assets (5+ years) | $96,901,000 | 689 |
| Average Assets, year-to-date | $644,349,600 | 782 |
| Average Assets, quarterly | $664,496,000 | 774 |
| Volatile liabilities | $77,662,000 | 897 |
| Insider loans | $12,486,000 | 353 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $7,042,000 | 419 |
| Unused loan commitments | $112,677,000 | 580 |
| Tier 1 (core) risk-based capital | $42,360,000 | 958 |
| Tier 2 risk-based capital | $5,252,260 | 711 |
| Total risk weighted assets | $419,083,660 | 748 |
| Total unused commitments | $112,677,000 | 595 |
| Derivatives | $25,621,000 | 416 |
| 1992-12-31 | Rank | |
| # of Employees: | 299 | 733 |
| Assets and Liabilities | ||
| Total Assets: | $619,431,000 | 856 |
| Cash and due from depository institutions | $25,982,000 | 733 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $120,783,000 | 1,129 |
| Federal funds sold & reverse repurchase agreements | $5,932,000 | 2,791 |
| Net loans & leases | $441,931,000 | 711 |
| Loan loss allowance | $6,307,000 | 841 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $9,995,000 | 732 |
| Other real estate owned | $1,664,000 | 733 |
| Goodwill and other intangibles | $3,939,000 | 486 |
| All other assets | $9,205,000 | 1,039 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $619,431,000 | 856 |
| Total liabilities | $576,308,000 | 850 |
| Total deposits | $548,559,000 | 810 |
| Interest-bearing deposits | $474,156,000 | 810 |
| Deposits held in domestic offices | $548,559,000 | 800 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $23,504,000 | 643 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $260,000 | 3,688 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $3,985,000 | 1,104 |
| Total equity capital | $43,123,000 | 920 |
| Total bank equity capital | $43,123,000 | 920 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $21,084,000 | 187 |
| Surplus | $9,428,000 | 1,482 |
| Undivided profits | $12,611,000 | 1,737 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $4,544,000 | 1,210 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $2,540,000 | 783 |
| Earning assets | $568,646,000 | 846 |
| Long-term assets (5+ years) | $98,396,000 | 629 |
| Average Assets, year-to-date | $605,288,600 | 854 |
| Average Assets, quarterly | $618,880,500 | 855 |
| Volatile liabilities | $62,695,000 | 1,005 |
| Insider loans | $811,000 | 1,065 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $91,182,000 | 645 |
| Tier 1 (core) risk-based capital | $39,184,000 | 974 |
| Tier 2 risk-based capital | $4,927,250 | 767 |
| Total risk weighted assets | $392,800,350 | 817 |
| Total unused commitments | $91,182,000 | 656 |
| Derivatives | $0 | 651 |