Home > First of America Bank - Northern Michigan > Loan Charge- Offs and Recoveries
First of America Bank - Northern Michigan, Loan Charge- Offs and Recoveries
| 1993-12-31 (YTD Data) | Rank | |
| Total charge-offs | $1,984,000 | 885 |
| Loans secured by real estate, total | $784,000 | 791 |
| To non-U.S. addressees | $0 | 19 |
| Real estate loans in domestic offices | $784,000 | 789 |
| Construction and land development | $0 | 1,259 |
| Secured by farmland | $0 | 674 |
| Total charge-offs secured by 1-4 family residential properties | $36,000 | 2,450 |
| Secured by multifamily residential properties | $0 | 764 |
| Secured by nonfarm nonresidential properties | $748,000 | 452 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 28 |
| To foreign banks | $0 | 17 |
| Loans to finance agricultural production and other loans to farmers | $27,000 | 118 |
| Commercial and industrial loans | $528,000 | 945 |
| Loans to individuals | $645,000 | 683 |
| Credit card loan charge offs | $375,000 | 430 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $270,000 | 957 |
| Loans to foreign governments and official institutions | $0 | 34 |
| Other loans | $0 | 371 |
| Lease financing receivables | $0 | 379 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $1,399,000 | 452 |
| Loans secured by real estate, total | $633,000 | 301 |
| To non-U.S. addressees | $0 | 16 |
| Real estate loans in domestic offices | $633,000 | 301 |
| Construction and land development | $0 | 926 |
| Secured by farmland | $0 | 821 |
| Secured by 1-4 family residential properties - total recoveries | $18,000 | 1,569 |
| Secured by multifamily residential properties | $0 | 535 |
| Secured by nonfarm nonresidential properties | $615,000 | 162 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 43 |
| To foreign banks | $0 | 26 |
| Loans to finance agricultural production and other loans to farmers | $0 | 220 |
| Commercial and industrial loans | $416,000 | 454 |
| Loans to individuals | $350,000 | 513 |
| Credit card loan recoveries | $94,000 | 369 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $256,000 | 502 |
| Loans to foreign governments and official institutions | $0 | 38 |
| Other loans | $0 | 355 |
| Lease financing receivables | $0 | 365 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $585,000 | 1,611 |
| Loans secured by real estate, total | $151,000 | 1,696 |
| To non-U.S. addressees | $0 | 18 |
| Real estate loans in domestic offices | $151,000 | 1,694 |
| Construction and land development | $0 | 1,117 |
| Secured by farmland | $0 | 548 |
| Secured by 1-4 family residential properties- net charge-offs | $18,000 | 2,883 |
| Secured by multifamily residential properties | $0 | 715 |
| Secured by nonfarm nonresidential properties | $133,000 | 993 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 16 |
| To foreign banks | $0 | 11 |
| Loans to finance agricultural production and other loans to farmers | $27,000 | 84 |
| Commercial and industrial loans | $112,000 | 2,233 |
| To non-U.S. addressees | $0 | 36 |
| Loans to individuals | $295,000 | 853 |
| Credit card loan net charge offs | $281,000 | 432 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $14,000 | 4,831 |
| Loans to foreign governments and official institutions | $0 | 28 |
| Other loans | $0 | 299 |
| Lease financing receivables | $0 | 315 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| 1992-12-31 (YTD Data) | Rank | |
| Total charge-offs | $1,791,000 | 1,221 |
| Loans secured by real estate, total | $613,000 | 1,133 |
| To non-U.S. addressees | $0 | 17 |
| Real estate loans in domestic offices | $613,000 | 1,133 |
| Construction and land development | $0 | 1,669 |
| Secured by farmland | $0 | 904 |
| Total charge-offs secured by 1-4 family residential properties | $63,000 | 2,149 |
| Secured by multifamily residential properties | $50,000 | 591 |
| Secured by nonfarm nonresidential properties | $500,000 | 728 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 43 |
| To foreign banks | $0 | 20 |
| Loans to finance agricultural production and other loans to farmers | $0 | 201 |
| Commercial and industrial loans | $488,000 | 1,410 |
| Loans to individuals | $690,000 | 809 |
| Credit card loan charge offs | $315,000 | 511 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $375,000 | 949 |
| Loans to foreign governments and official institutions | $0 | 43 |
| Other loans | $0 | 387 |
| Lease financing receivables | $0 | 464 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $957,000 | 573 |
| Loans secured by real estate, total | $189,000 | 628 |
| To non-U.S. addressees | $0 | 7 |
| Real estate loans in domestic offices | $189,000 | 627 |
| Construction and land development | $0 | 1,048 |
| Secured by farmland | $0 | 870 |
| Secured by 1-4 family residential properties - total recoveries | $91,000 | 430 |
| Secured by multifamily residential properties | $0 | 476 |
| Secured by nonfarm nonresidential properties | $98,000 | 505 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 52 |
| To foreign banks | $0 | 28 |
| Loans to finance agricultural production and other loans to farmers | $0 | 217 |
| Commercial and industrial loans | $377,000 | 484 |
| Loans to individuals | $391,000 | 523 |
| Credit card loan recoveries | $52,000 | 472 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $339,000 | 461 |
| Loans to foreign governments and official institutions | $0 | 47 |
| Other loans | $0 | 349 |
| Lease financing receivables | $0 | 397 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $834,000 | 1,761 |
| Loans secured by real estate, total | $424,000 | 1,293 |
| To non-U.S. addressees | $0 | 17 |
| Real estate loans in domestic offices | $424,000 | 1,293 |
| Construction and land development | $0 | 1,547 |
| Secured by farmland | $0 | 773 |
| Secured by 1-4 family residential properties- net charge-offs | $-28,000 | 13,693 |
| Secured by multifamily residential properties | $50,000 | 565 |
| Secured by nonfarm nonresidential properties | $402,000 | 775 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 36 |
| To foreign banks | $0 | 15 |
| Loans to finance agricultural production and other loans to farmers | $0 | 152 |
| Commercial and industrial loans | $111,000 | 3,156 |
| To non-U.S. addressees | $0 | 50 |
| Loans to individuals | $299,000 | 1,090 |
| Credit card loan net charge offs | $263,000 | 503 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $36,000 | 3,948 |
| Loans to foreign governments and official institutions | $0 | 37 |
| Other loans | $0 | 326 |
| Lease financing receivables | $0 | 406 |
| 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.