Home > First of America Bank-Southeast Michigan > Loan Charge- Offs and Recoveries
First of America Bank-Southeast Michigan, Loan Charge- Offs and Recoveries
| 1993-12-31 (YTD Data) | Rank | |
| Total charge-offs | $24,226,000 | 173 |
| Loans secured by real estate, total | $3,500,000 | 310 |
| To non-U.S. addressees | $0 | 19 |
| Real estate loans in domestic offices | $3,500,000 | 310 |
| Construction and land development | $0 | 1,259 |
| Secured by farmland | $1,000 | 645 |
| Total charge-offs secured by 1-4 family residential properties | $547,000 | 437 |
| Secured by multifamily residential properties | $0 | 764 |
| Secured by nonfarm nonresidential properties | $2,952,000 | 189 |
| 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 | $0 | 175 |
| Commercial and industrial loans | $4,322,000 | 190 |
| Loans to individuals | $16,404,000 | 85 |
| Credit card loan charge offs | $4,295,000 | 135 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $12,109,000 | 29 |
| 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 | $6,379,000 | 176 |
| Loans secured by real estate, total | $402,000 | 412 |
| To non-U.S. addressees | $0 | 16 |
| Real estate loans in domestic offices | $402,000 | 411 |
| Construction and land development | $0 | 926 |
| Secured by farmland | $0 | 821 |
| Secured by 1-4 family residential properties - total recoveries | $145,000 | 306 |
| Secured by multifamily residential properties | $0 | 535 |
| Secured by nonfarm nonresidential properties | $257,000 | 300 |
| 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 | $1,808,000 | 168 |
| Loans to individuals | $4,169,000 | 100 |
| Credit card loan recoveries | $653,000 | 135 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $3,516,000 | 62 |
| 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 | $17,847,000 | 167 |
| Loans secured by real estate, total | $3,098,000 | 297 |
| To non-U.S. addressees | $0 | 18 |
| Real estate loans in domestic offices | $3,098,000 | 297 |
| Construction and land development | $0 | 1,117 |
| Secured by farmland | $1,000 | 524 |
| Secured by 1-4 family residential properties- net charge-offs | $402,000 | 467 |
| Secured by multifamily residential properties | $0 | 715 |
| Secured by nonfarm nonresidential properties | $2,695,000 | 178 |
| 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 | $0 | 121 |
| Commercial and industrial loans | $2,514,000 | 213 |
| To non-U.S. addressees | $0 | 36 |
| Loans to individuals | $12,235,000 | 78 |
| Credit card loan net charge offs | $3,642,000 | 132 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $8,593,000 | 26 |
| 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 | $27,011,000 | 192 |
| Loans secured by real estate, total | $3,476,000 | 376 |
| To non-U.S. addressees | $0 | 17 |
| Real estate loans in domestic offices | $3,476,000 | 375 |
| Construction and land development | $0 | 1,669 |
| Secured by farmland | $0 | 904 |
| Total charge-offs secured by 1-4 family residential properties | $291,000 | 797 |
| Secured by multifamily residential properties | $0 | 893 |
| Secured by nonfarm nonresidential properties | $3,185,000 | 216 |
| 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 | $8,501,000 | 147 |
| Loans to individuals | $15,034,000 | 113 |
| Credit card loan charge offs | $4,541,000 | 144 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $10,493,000 | 61 |
| 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 | $4,694,000 | 207 |
| Loans secured by real estate, total | $284,000 | 469 |
| To non-U.S. addressees | $0 | 7 |
| Real estate loans in domestic offices | $284,000 | 469 |
| Construction and land development | $0 | 1,048 |
| Secured by farmland | $0 | 870 |
| Secured by 1-4 family residential properties - total recoveries | $70,000 | 559 |
| Secured by multifamily residential properties | $0 | 476 |
| Secured by nonfarm nonresidential properties | $214,000 | 296 |
| 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 | $946,000 | 255 |
| Loans to individuals | $3,464,000 | 116 |
| Credit card loan recoveries | $557,000 | 158 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $2,907,000 | 77 |
| 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 | $22,317,000 | 188 |
| Loans secured by real estate, total | $3,192,000 | 368 |
| To non-U.S. addressees | $0 | 17 |
| Real estate loans in domestic offices | $3,192,000 | 367 |
| Construction and land development | $0 | 1,547 |
| Secured by farmland | $0 | 773 |
| Secured by 1-4 family residential properties- net charge-offs | $221,000 | 843 |
| Secured by multifamily residential properties | $0 | 849 |
| Secured by nonfarm nonresidential properties | $2,971,000 | 212 |
| 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 | $7,555,000 | 130 |
| To non-U.S. addressees | $0 | 50 |
| Loans to individuals | $11,570,000 | 107 |
| Credit card loan net charge offs | $3,984,000 | 141 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $7,586,000 | 52 |
| 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.