Home > The Algonac Savings Bank > Assets and Liabilities
The Algonac Savings Bank, Assets and Liabilities
| 1996-12-31 | Rank | |
| # of Employees: | 64 | 2,969 |
| Assets and Liabilities | ||
| Total Assets: | $123,498,000 | 3,643 |
| Cash and due from depository institutions | $3,971,000 | 2,969 |
| Interest-bearing balances | $0 | 6,640 |
| Securities | $40,275,000 | 3,000 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,460 |
| Net loans & leases | $76,969,000 | 3,528 |
| Loan loss allowance | $936,000 | 3,722 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $1,294,000 | 5,188 |
| Other real estate owned | $0 | 2,969 |
| Goodwill and other intangibles | $0 | 3,437 |
| All other assets | $989,000 | 6,285 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $123,498,000 | 3,643 |
| Total liabilities | $108,249,000 | 3,723 |
| Total deposits | $107,543,000 | 3,533 |
| Interest-bearing deposits | $95,932,000 | 3,412 |
| Deposits held in domestic offices | $107,543,000 | 3,522 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $31,000 | 3,883 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $0 | 5,299 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $675,000 | 4,794 |
| Total equity capital | $15,249,000 | 2,909 |
| Total bank equity capital | $15,249,000 | 2,909 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $2,000,000 | 1,906 |
| Surplus | $6,000,000 | 2,438 |
| Undivided profits | $7,249,000 | 3,316 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $525,000 | 4,187 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $415,000 | 5,489 |
| Earning assets | $117,244,000 | 3,535 |
| Long-term assets (5+ years) | $21,632,000 | 2,521 |
| Average Assets, year-to-date | $122,177,000 | 3,526 |
| Average Assets, quarterly | $124,702,000 | 3,577 |
| Volatile liabilities | $8,207,000 | 5,514 |
| Insider loans | $7,248,000 | 586 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $10,573,000 | 3,265 |
| Tier 1 (core) risk-based capital | $15,196,000 | 2,857 |
| Tier 2 risk-based capital | $876,670 | 3,378 |
| Total risk weighted assets | $70,074,070 | 3,856 |
| Total unused commitments | $10,573,000 | 3,280 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 70 | 2,789 |
| Assets and Liabilities | ||
| Total Assets: | $120,092,000 | 3,725 |
| Cash and due from depository institutions | $3,677,000 | 2,789 |
| Interest-bearing balances | $0 | 6,853 |
| Securities | $45,279,000 | 2,791 |
| Federal funds sold & reverse repurchase agreements | $2,450,000 | 4,966 |
| Net loans & leases | $66,087,000 | 3,936 |
| Loan loss allowance | $798,000 | 4,257 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $1,408,000 | 4,867 |
| Other real estate owned | $80,000 | 2,789 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $1,111,000 | 5,915 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $120,092,000 | 3,725 |
| Total liabilities | $105,785,000 | 3,802 |
| Total deposits | $105,119,000 | 3,633 |
| Interest-bearing deposits | $94,311,000 | 3,481 |
| Deposits held in domestic offices | $105,119,000 | 3,625 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $29,000 | 3,708 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $0 | 5,136 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $637,000 | 5,224 |
| Total equity capital | $14,307,000 | 3,105 |
| Total bank equity capital | $14,307,000 | 3,105 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $2,000,000 | 1,954 |
| Surplus | $6,000,000 | 2,447 |
| Undivided profits | $6,307,000 | 3,772 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $761,000 | 3,242 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $419,000 | 5,551 |
| Earning assets | $113,816,000 | 3,607 |
| Long-term assets (5+ years) | $12,382,000 | 3,520 |
| Average Assets, year-to-date | $118,218,000 | 3,638 |
| Average Assets, quarterly | $119,313,000 | 3,713 |
| Volatile liabilities | $7,944,000 | 5,326 |
| Insider loans | $7,099,000 | 625 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $10,835,000 | 3,093 |
| Tier 1 (core) risk-based capital | $14,246,000 | 3,017 |
| Tier 2 risk-based capital | $757,760 | 3,766 |
| Total risk weighted assets | $60,580,560 | 4,279 |
| Total unused commitments | $10,835,000 | 3,106 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 71 | 2,829 |
| Assets and Liabilities | ||
| Total Assets: | $118,927,000 | 3,722 |
| Cash and due from depository institutions | $3,507,000 | 2,829 |
| Interest-bearing balances | $0 | 7,034 |
| Securities | $51,410,000 | 2,561 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,397 |
| Net loans & leases | $60,783,000 | 4,153 |
| Loan loss allowance | $756,000 | 4,545 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $1,402,000 | 4,873 |
| Other real estate owned | $299,000 | 2,829 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $1,526,000 | 4,853 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $118,927,000 | 3,722 |
| Total liabilities | $105,982,000 | 3,785 |
| Total deposits | $99,530,000 | 3,803 |
| Interest-bearing deposits | $89,183,000 | 3,636 |
| Deposits held in domestic offices | $99,530,000 | 3,795 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $5,828,000 | 1,659 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $624,000 | 4,441 |
| Total equity capital | $12,945,000 | 3,159 |
| Total bank equity capital | $12,945,000 | 3,159 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $2,000,000 | 2,014 |
| Surplus | $5,000,000 | 2,732 |
| Undivided profits | $5,945,000 | 3,672 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $281,000 | 5,829 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $315,000 | 6,327 |
| Earning assets | $112,193,000 | 3,620 |
| Long-term assets (5+ years) | $9,686,000 | 4,194 |
| Average Assets, year-to-date | $118,076,400 | 3,661 |
| Average Assets, quarterly | $119,025,500 | 3,697 |
| Volatile liabilities | $13,231,000 | 3,524 |
| Insider loans | $3,799,000 | 1,096 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $5,509,000 | 4,638 |
| Tier 1 (core) risk-based capital | $13,652,000 | 3,034 |
| Tier 2 risk-based capital | $750,530 | 3,762 |
| Total risk weighted assets | $60,036,630 | 4,234 |
| Total unused commitments | $5,509,000 | 4,646 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 80 | 2,603 |
| Assets and Liabilities | ||
| Total Assets: | $119,211,000 | 3,798 |
| Cash and due from depository institutions | $2,640,000 | 2,603 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $52,650,000 | 2,631 |
| Federal funds sold & reverse repurchase agreements | $5,600,000 | 2,481 |
| Net loans & leases | $55,056,000 | 4,412 |
| Loan loss allowance | $756,000 | 4,682 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $1,410,000 | 4,901 |
| Other real estate owned | $575,000 | 2,603 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $1,280,000 | 5,061 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $119,211,000 | 3,798 |
| Total liabilities | $106,362,000 | 3,848 |
| Total deposits | $105,543,000 | 3,689 |
| Interest-bearing deposits | $95,633,000 | 3,524 |
| Deposits held in domestic offices | $105,543,000 | 3,682 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $127,000 | 3,761 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,027 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $692,000 | 4,182 |
| Total equity capital | $12,849,000 | 3,155 |
| Total bank equity capital | $12,849,000 | 3,155 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $2,000,000 | 2,040 |
| Surplus | $5,000,000 | 2,659 |
| Undivided profits | $5,849,000 | 3,840 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $416,000 | 5,444 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $229,000 | 7,456 |
| Earning assets | $113,306,000 | 3,668 |
| Long-term assets (5+ years) | $13,233,000 | 3,616 |
| Average Assets, year-to-date | $114,600,400 | 3,840 |
| Average Assets, quarterly | $117,836,500 | 3,807 |
| Volatile liabilities | $9,451,000 | 4,266 |
| Insider loans | $1,959,000 | 2,088 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $902,000 | 1,064 |
| Unused loan commitments | $5,092,000 | 4,826 |
| Tier 1 (core) risk-based capital | $12,791,000 | 3,092 |
| Tier 2 risk-based capital | $739,550 | 3,780 |
| Total risk weighted assets | $59,147,550 | 4,230 |
| Total unused commitments | $5,092,000 | 4,850 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 76 | 2,835 |
| Assets and Liabilities | ||
| Total Assets: | $113,604,000 | 4,043 |
| Cash and due from depository institutions | $4,088,000 | 2,835 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $48,006,000 | 2,844 |
| Federal funds sold & reverse repurchase agreements | $3,650,000 | 4,315 |
| Net loans & leases | $55,070,000 | 4,471 |
| Loan loss allowance | $756,000 | 4,715 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $1,343,000 | 5,074 |
| Other real estate owned | $268,000 | 2,835 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $1,179,000 | 5,565 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $113,604,000 | 4,043 |
| Total liabilities | $101,671,000 | 4,120 |
| Total deposits | $100,879,000 | 3,968 |
| Interest-bearing deposits | $92,414,000 | 3,814 |
| Deposits held in domestic offices | $100,879,000 | 3,960 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $126,000 | 3,565 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $666,000 | 4,605 |
| Total equity capital | $11,933,000 | 3,210 |
| Total bank equity capital | $11,933,000 | 3,210 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $2,000,000 | 2,114 |
| Surplus | $4,000,000 | 3,152 |
| Undivided profits | $5,933,000 | 3,654 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $385,000 | 6,466 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $233,000 | 7,887 |
| Earning assets | $106,726,000 | 3,937 |
| Long-term assets (5+ years) | $11,215,000 | 4,025 |
| Average Assets, year-to-date | $111,614,000 | 4,005 |
| Average Assets, quarterly | $113,651,000 | 4,006 |
| Volatile liabilities | $6,686,000 | 5,476 |
| Insider loans | $197,000 | 3,982 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $4,144,000 | 5,152 |
| Tier 1 (core) risk-based capital | $11,933,000 | 3,155 |
| Tier 2 risk-based capital | $713,760 | 3,897 |
| Total risk weighted assets | $57,058,560 | 4,408 |
| Total unused commitments | $4,144,000 | 5,182 |
| Derivatives | $0 | 651 |