Home > The Empire National Bank of Traverse City > Assets and Liabilities
The Empire National Bank of Traverse City, Assets and Liabilities
| 1999-12-31 | Rank | |
| # of Employees: | 222 | 754 |
| Assets and Liabilities | ||
| Total Assets: | $503,795,000 | 961 |
| Cash and due from depository institutions | $19,174,000 | 754 |
| Interest-bearing balances | $551,000 | 3,040 |
| Securities | $100,500,000 | 1,141 |
| Federal funds sold & reverse repurchase agreements | $3,300,000 | 2,680 |
| Net loans & leases | $363,319,000 | 872 |
| Loan loss allowance | $5,400,000 | 765 |
| Trading account assets | $0 | 165 |
| Bank premises and fixed assets | $5,054,000 | 1,681 |
| Other real estate owned | $307,000 | 754 |
| Goodwill and other intangibles | $1,989,000 | 1,079 |
| All other assets | $10,152,000 | 978 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $503,795,000 | 961 |
| Total liabilities | $463,109,000 | 953 |
| Total deposits | $422,056,000 | 885 |
| Interest-bearing deposits | $351,527,000 | 930 |
| Deposits held in domestic offices | $422,056,000 | 879 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $3,000,000 | 2,113 |
| Trading liabilities | $0 | 65 |
| Other borrowed funds | $30,000,000 | 1,036 |
| Subordinated debt | $0 | 242 |
| All other liabilities | $8,053,000 | 684 |
| Total equity capital | $40,686,000 | 1,108 |
| Total bank equity capital | $40,686,000 | 1,108 |
| Perpetual preferred stock | $0 | 193 |
| Common stock | $3,651,000 | 1,058 |
| Surplus | $4,012,000 | 3,524 |
| Undivided profits | $33,023,000 | 777 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,956,000 | 1,196 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,502 |
| Income earned, not collected on loans | $1,673,000 | 1,271 |
| Earning assets | $467,670,000 | 950 |
| Long-term assets (5+ years) | $53,793,000 | 1,617 |
| Average Assets, year-to-date | $491,410,400 | 944 |
| Average Assets, quarterly | $504,694,500 | 949 |
| Volatile liabilities | $40,390,000 | 1,979 |
| Insider loans | $4,393,000 | 1,067 |
| FHLB advances | $0 | 802 |
| Loans and leases held for sale | $2,218,000 | 479 |
| Unused loan commitments | $114,705,000 | 678 |
| Tier 1 (core) risk-based capital | $41,226,000 | 1,067 |
| Tier 2 risk-based capital | $5,204,170 | 751 |
| Total risk weighted assets | $409,321,220 | 799 |
| Total unused commitments | $114,705,000 | 679 |
| Derivatives | $0 | 488 |
| 1998-12-31 | Rank | |
| # of Employees: | 222 | 760 |
| Assets and Liabilities | ||
| Total Assets: | $477,661,000 | 984 |
| Cash and due from depository institutions | $15,740,000 | 760 |
| Interest-bearing balances | $491,000 | 3,565 |
| Securities | $120,135,000 | 969 |
| Federal funds sold & reverse repurchase agreements | $5,600,000 | 3,051 |
| Net loans & leases | $320,949,000 | 902 |
| Loan loss allowance | $4,825,000 | 827 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $4,944,000 | 1,615 |
| Other real estate owned | $221,000 | 760 |
| Goodwill and other intangibles | $1,717,000 | 1,127 |
| All other assets | $8,355,000 | 1,015 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $477,661,000 | 984 |
| Total liabilities | $439,157,000 | 962 |
| Total deposits | $411,672,000 | 902 |
| Interest-bearing deposits | $348,918,000 | 914 |
| Deposits held in domestic offices | $411,672,000 | 899 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,214 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $17,000,000 | 1,150 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $10,485,000 | 615 |
| Total equity capital | $38,504,000 | 1,165 |
| Total bank equity capital | $38,504,000 | 1,165 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $3,651,000 | 1,016 |
| Surplus | $4,012,000 | 3,377 |
| Undivided profits | $30,841,000 | 852 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,472,000 | 1,715 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $110,000 | 866 |
| Income earned, not collected on loans | $1,511,000 | 1,379 |
| Earning assets | $447,175,000 | 963 |
| Long-term assets (5+ years) | $43,128,000 | 1,788 |
| Average Assets, year-to-date | $461,263,000 | 968 |
| Average Assets, quarterly | $477,161,500 | 966 |
| Volatile liabilities | $31,485,000 | 2,073 |
| Insider loans | $5,223,000 | 801 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $6,173,000 | 457 |
| Unused loan commitments | $106,446,000 | 680 |
| Tier 1 (core) risk-based capital | $37,223,000 | 1,129 |
| Tier 2 risk-based capital | $4,699,520 | 777 |
| Total risk weighted assets | $367,489,120 | 815 |
| Total unused commitments | $106,446,000 | 684 |
| Derivatives | $0 | 527 |
| 1997-12-31 | Rank | |
| # of Employees: | 210 | 844 |
| Assets and Liabilities | ||
| Total Assets: | $442,659,000 | 1,069 |
| Cash and due from depository institutions | $25,433,000 | 844 |
| Interest-bearing balances | $44,000 | 5,424 |
| Securities | $98,490,000 | 1,173 |
| Federal funds sold & reverse repurchase agreements | $6,800,000 | 2,036 |
| Net loans & leases | $298,344,000 | 995 |
| Loan loss allowance | $4,125,000 | 956 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $4,985,000 | 1,589 |
| Other real estate owned | $177,000 | 844 |
| Goodwill and other intangibles | $1,172,000 | 1,246 |
| All other assets | $7,258,000 | 1,102 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $442,659,000 | 1,069 |
| Total liabilities | $408,054,000 | 1,046 |
| Total deposits | $388,064,000 | 982 |
| Interest-bearing deposits | $324,178,000 | 1,001 |
| Deposits held in domestic offices | $388,064,000 | 975 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,723 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $12,000,000 | 1,243 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $7,990,000 | 722 |
| Total equity capital | $34,605,000 | 1,297 |
| Total bank equity capital | $34,605,000 | 1,297 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $3,651,000 | 1,002 |
| Surplus | $4,012,000 | 3,318 |
| Undivided profits | $26,942,000 | 968 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,260,000 | 2,031 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,731 |
| Income earned, not collected on loans | $1,456,000 | 1,509 |
| Earning assets | $403,678,000 | 1,075 |
| Long-term assets (5+ years) | $27,338,000 | 2,237 |
| Average Assets, year-to-date | $417,114,000 | 1,089 |
| Average Assets, quarterly | $434,316,500 | 1,077 |
| Volatile liabilities | $27,892,000 | 2,266 |
| Insider loans | $6,120,000 | 654 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $2,745,000 | 503 |
| Unused loan commitments | $93,000,000 | 697 |
| Tier 1 (core) risk-based capital | $33,895,000 | 1,245 |
| Tier 2 risk-based capital | $4,118,520 | 844 |
| Total risk weighted assets | $329,475,120 | 912 |
| Total unused commitments | $93,000,000 | 699 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 208 | 900 |
| Assets and Liabilities | ||
| Total Assets: | $400,536,000 | 1,214 |
| Cash and due from depository institutions | $22,603,000 | 900 |
| Interest-bearing balances | $95,000 | 5,011 |
| Securities | $98,314,000 | 1,212 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,460 |
| Net loans & leases | $268,657,000 | 1,122 |
| Loan loss allowance | $3,525,000 | 1,165 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $3,985,000 | 1,992 |
| Other real estate owned | $0 | 900 |
| Goodwill and other intangibles | $934,000 | 1,320 |
| All other assets | $6,043,000 | 1,375 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $400,536,000 | 1,214 |
| Total liabilities | $368,890,000 | 1,200 |
| Total deposits | $345,459,000 | 1,129 |
| Interest-bearing deposits | $289,798,000 | 1,155 |
| Deposits held in domestic offices | $345,459,000 | 1,123 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $5,500,000 | 1,517 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $12,000,000 | 1,197 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $5,931,000 | 872 |
| Total equity capital | $31,646,000 | 1,431 |
| Total bank equity capital | $31,646,000 | 1,431 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $3,651,000 | 1,054 |
| Surplus | $4,012,000 | 3,402 |
| Undivided profits | $23,983,000 | 1,071 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $2,303,000 | 1,360 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $1,411,000 | 1,540 |
| Earning assets | $367,066,000 | 1,209 |
| Long-term assets (5+ years) | $27,025,000 | 2,135 |
| Average Assets, year-to-date | $382,321,800 | 1,204 |
| Average Assets, quarterly | $396,046,000 | 1,206 |
| Volatile liabilities | $29,978,000 | 2,077 |
| Insider loans | $6,343,000 | 671 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $1,879,000 | 549 |
| Unused loan commitments | $68,397,000 | 873 |
| Tier 1 (core) risk-based capital | $31,075,000 | 1,385 |
| Tier 2 risk-based capital | $3,525,000 | 982 |
| Total risk weighted assets | $292,298,700 | 1,033 |
| Total unused commitments | $68,397,000 | 878 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 196 | 989 |
| Assets and Liabilities | ||
| Total Assets: | $372,121,000 | 1,284 |
| Cash and due from depository institutions | $13,858,000 | 989 |
| Interest-bearing balances | $161,000 | 4,519 |
| Securities | $84,048,000 | 1,496 |
| Federal funds sold & reverse repurchase agreements | $8,000,000 | 1,816 |
| Net loans & leases | $255,902,000 | 1,160 |
| Loan loss allowance | $3,200,000 | 1,289 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $3,623,000 | 2,144 |
| Other real estate owned | $280,000 | 989 |
| Goodwill and other intangibles | $437,000 | 1,622 |
| All other assets | $5,973,000 | 1,404 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $372,121,000 | 1,284 |
| Total liabilities | $342,887,000 | 1,271 |
| Total deposits | $320,405,000 | 1,221 |
| Interest-bearing deposits | $272,838,000 | 1,252 |
| Deposits held in domestic offices | $320,405,000 | 1,207 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,736 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $17,000,000 | 916 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $5,482,000 | 981 |
| Total equity capital | $29,234,000 | 1,550 |
| Total bank equity capital | $29,234,000 | 1,550 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $3,651,000 | 1,070 |
| Surplus | $4,012,000 | 3,409 |
| Undivided profits | $21,571,000 | 1,216 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $939,000 | 2,766 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $1,615,000 | 1,378 |
| Earning assets | $348,111,000 | 1,261 |
| Long-term assets (5+ years) | $29,452,000 | 1,844 |
| Average Assets, year-to-date | $351,826,400 | 1,302 |
| Average Assets, quarterly | $365,413,000 | 1,294 |
| Volatile liabilities | $23,902,000 | 2,277 |
| Insider loans | $7,532,000 | 594 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $2,054,000 | 584 |
| Unused loan commitments | $54,566,000 | 977 |
| Tier 1 (core) risk-based capital | $28,463,000 | 1,520 |
| Tier 2 risk-based capital | $3,200,000 | 1,072 |
| Total risk weighted assets | $270,347,800 | 1,085 |
| Total unused commitments | $54,566,000 | 981 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 191 | 1,022 |
| Assets and Liabilities | ||
| Total Assets: | $336,630,000 | 1,379 |
| Cash and due from depository institutions | $14,527,000 | 1,022 |
| Interest-bearing balances | $67,000 | 5,968 |
| Securities | $63,967,000 | 2,050 |
| Federal funds sold & reverse repurchase agreements | $7,100,000 | 1,304 |
| Net loans & leases | $240,683,000 | 1,184 |
| Loan loss allowance | $2,900,000 | 1,439 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $3,939,000 | 1,903 |
| Other real estate owned | $53,000 | 1,022 |
| Goodwill and other intangibles | $477,000 | 1,473 |
| All other assets | $5,884,000 | 1,480 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $336,630,000 | 1,379 |
| Total liabilities | $310,770,000 | 1,361 |
| Total deposits | $298,549,000 | 1,260 |
| Interest-bearing deposits | $253,839,000 | 1,293 |
| Deposits held in domestic offices | $298,549,000 | 1,251 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 4,788 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $8,000,000 | 1,387 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $4,221,000 | 1,019 |
| Total equity capital | $25,860,000 | 1,604 |
| Total bank equity capital | $25,860,000 | 1,604 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $3,651,000 | 1,060 |
| Surplus | $4,012,000 | 3,300 |
| Undivided profits | $18,197,000 | 1,310 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,356,000 | 2,103 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $1,355,000 | 1,433 |
| Earning assets | $311,817,000 | 1,361 |
| Long-term assets (5+ years) | $27,554,000 | 1,962 |
| Average Assets, year-to-date | $320,642,000 | 1,406 |
| Average Assets, quarterly | $333,259,000 | 1,388 |
| Volatile liabilities | $17,393,000 | 2,843 |
| Insider loans | $6,309,000 | 686 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $1,360,000 | 550 |
| Unused loan commitments | $50,128,000 | 984 |
| Tier 1 (core) risk-based capital | $25,894,000 | 1,593 |
| Tier 2 risk-based capital | $2,900,000 | 1,144 |
| Total risk weighted assets | $253,090,600 | 1,129 |
| Total unused commitments | $50,128,000 | 992 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 187 | 1,102 |
| Assets and Liabilities | ||
| Total Assets: | $312,715,000 | 1,505 |
| Cash and due from depository institutions | $11,450,000 | 1,102 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $65,566,000 | 2,092 |
| Federal funds sold & reverse repurchase agreements | $8,900,000 | 1,555 |
| Net loans & leases | $215,750,000 | 1,288 |
| Loan loss allowance | $2,630,000 | 1,655 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $4,172,000 | 1,744 |
| Other real estate owned | $838,000 | 1,102 |
| Goodwill and other intangibles | $516,000 | 1,337 |
| All other assets | $5,523,000 | 1,467 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $312,715,000 | 1,505 |
| Total liabilities | $288,646,000 | 1,492 |
| Total deposits | $279,936,000 | 1,426 |
| Interest-bearing deposits | $241,073,000 | 1,433 |
| Deposits held in domestic offices | $279,936,000 | 1,415 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $5,000,000 | 1,484 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $3,710,000 | 1,165 |
| Total equity capital | $24,069,000 | 1,706 |
| Total bank equity capital | $24,069,000 | 1,706 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $3,651,000 | 1,058 |
| Surplus | $4,012,000 | 3,256 |
| Undivided profits | $16,406,000 | 1,452 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,498,000 | 2,376 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $1,085,000 | 1,601 |
| Earning assets | $290,216,000 | 1,484 |
| Long-term assets (5+ years) | $15,794,000 | 3,178 |
| Average Assets, year-to-date | $298,689,600 | 1,529 |
| Average Assets, quarterly | $307,074,500 | 1,513 |
| Volatile liabilities | $21,906,000 | 2,234 |
| Insider loans | $2,390,000 | 1,731 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $3,482,000 | 609 |
| Unused loan commitments | $58,518,000 | 891 |
| Tier 1 (core) risk-based capital | $23,553,000 | 1,699 |
| Tier 2 risk-based capital | $2,630,000 | 1,234 |
| Total risk weighted assets | $223,814,400 | 1,247 |
| Total unused commitments | $58,518,000 | 909 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 185 | 1,151 |
| Assets and Liabilities | ||
| Total Assets: | $293,422,000 | 1,644 |
| Cash and due from depository institutions | $12,097,000 | 1,151 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $64,770,000 | 2,091 |
| Federal funds sold & reverse repurchase agreements | $9,700,000 | 1,687 |
| Net loans & leases | $194,680,000 | 1,470 |
| Loan loss allowance | $2,450,000 | 1,787 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $4,261,000 | 1,718 |
| Other real estate owned | $2,407,000 | 1,151 |
| Goodwill and other intangibles | $556,000 | 1,306 |
| All other assets | $4,951,000 | 1,668 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $293,422,000 | 1,644 |
| Total liabilities | $271,425,000 | 1,634 |
| Total deposits | $268,178,000 | 1,562 |
| Interest-bearing deposits | $230,704,000 | 1,574 |
| Deposits held in domestic offices | $268,178,000 | 1,549 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $3,247,000 | 1,284 |
| Total equity capital | $21,997,000 | 1,765 |
| Total bank equity capital | $21,997,000 | 1,765 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $3,651,000 | 1,080 |
| Surplus | $4,012,000 | 3,142 |
| Undivided profits | $14,334,000 | 1,521 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,656,000 | 2,576 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $1,129,000 | 1,719 |
| Earning assets | $269,150,000 | 1,635 |
| Long-term assets (5+ years) | $19,460,000 | 2,665 |
| Average Assets, year-to-date | $285,717,600 | 1,638 |
| Average Assets, quarterly | $291,421,500 | 1,639 |
| Volatile liabilities | $9,444,000 | 4,292 |
| Insider loans | $270,000 | 3,158 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $1,575,000 | 622 |
| Unused loan commitments | $41,452,000 | 1,077 |
| Tier 1 (core) risk-based capital | $21,441,000 | 1,760 |
| Tier 2 risk-based capital | $2,450,000 | 1,336 |
| Total risk weighted assets | $206,476,300 | 1,403 |
| Total unused commitments | $41,452,000 | 1,096 |
| Derivatives | $0 | 651 |