Home > The First National Bank in Ontonagon > Assets and Liabilities
The First National Bank in Ontonagon, Assets and Liabilities
| 1996-12-31 | Rank | |
| # of Employees: | 17 | 8,098 |
| Assets and Liabilities | ||
| Total Assets: | $27,581,000 | 9,453 |
| Cash and due from depository institutions | $1,258,000 | 8,098 |
| Interest-bearing balances | $0 | 6,640 |
| Securities | $4,656,000 | 9,919 |
| Federal funds sold & reverse repurchase agreements | $615,000 | 7,194 |
| Net loans & leases | $20,099,000 | 8,430 |
| Loan loss allowance | $211,000 | 8,997 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $697,000 | 7,145 |
| Other real estate owned | $36,000 | 8,098 |
| Goodwill and other intangibles | $0 | 3,437 |
| All other assets | $220,000 | 10,746 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $27,581,000 | 9,453 |
| Total liabilities | $25,285,000 | 9,363 |
| Total deposits | $25,076,000 | 9,268 |
| Interest-bearing deposits | $21,687,000 | 9,196 |
| Deposits held in domestic offices | $25,076,000 | 9,266 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,907 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $0 | 5,299 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $209,000 | 9,127 |
| Total equity capital | $2,296,000 | 10,021 |
| Total bank equity capital | $2,296,000 | 10,021 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $150,000 | 8,068 |
| Surplus | $575,000 | 9,020 |
| Undivided profits | $1,571,000 | 7,910 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $91,000 | 8,282 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $126,000 | 9,775 |
| Earning assets | $25,370,000 | 9,418 |
| Long-term assets (5+ years) | $6,299,000 | 5,311 |
| Average Assets, year-to-date | $27,375,000 | 9,357 |
| Average Assets, quarterly | $27,680,000 | 9,406 |
| Volatile liabilities | $449,000 | 11,059 |
| Insider loans | $280,000 | 7,005 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $0 | 10,924 |
| Tier 1 (core) risk-based capital | $2,327,000 | 9,926 |
| Tier 2 risk-based capital | $211,000 | 8,479 |
| Total risk weighted assets | $18,837,200 | 8,851 |
| Total unused commitments | $0 | 10,925 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 19 | 7,970 |
| Assets and Liabilities | ||
| Total Assets: | $26,847,000 | 9,881 |
| Cash and due from depository institutions | $1,097,000 | 7,970 |
| Interest-bearing balances | $0 | 6,853 |
| Securities | $6,189,000 | 9,698 |
| Federal funds sold & reverse repurchase agreements | $100,000 | 9,118 |
| Net loans & leases | $18,400,000 | 8,910 |
| Loan loss allowance | $203,000 | 9,436 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $781,000 | 6,901 |
| Other real estate owned | $50,000 | 7,970 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $230,000 | 11,170 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $26,847,000 | 9,881 |
| Total liabilities | $24,754,000 | 9,766 |
| Total deposits | $24,534,000 | 9,679 |
| Interest-bearing deposits | $21,905,000 | 9,484 |
| Deposits held in domestic offices | $24,534,000 | 9,676 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,736 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $0 | 5,136 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $220,000 | 9,430 |
| Total equity capital | $2,093,000 | 10,580 |
| Total bank equity capital | $2,093,000 | 10,580 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $150,000 | 8,467 |
| Surplus | $575,000 | 9,344 |
| Undivided profits | $1,368,000 | 8,558 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $35,000 | 9,692 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $120,000 | 10,306 |
| Earning assets | $24,689,000 | 9,832 |
| Long-term assets (5+ years) | $6,707,000 | 5,041 |
| Average Assets, year-to-date | $27,290,200 | 9,668 |
| Average Assets, quarterly | $27,335,500 | 9,777 |
| Volatile liabilities | $400,000 | 11,562 |
| Insider loans | $250,000 | 7,522 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $43,000 | 11,204 |
| Tier 1 (core) risk-based capital | $2,154,000 | 10,450 |
| Tier 2 risk-based capital | $203,000 | 8,824 |
| Total risk weighted assets | $17,389,200 | 9,335 |
| Total unused commitments | $43,000 | 11,205 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 17 | 8,823 |
| Assets and Liabilities | ||
| Total Assets: | $27,715,000 | 10,067 |
| Cash and due from depository institutions | $1,226,000 | 8,823 |
| Interest-bearing balances | $0 | 7,034 |
| Securities | $8,126,000 | 9,479 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,397 |
| Net loans & leases | $17,144,000 | 9,353 |
| Loan loss allowance | $195,000 | 9,967 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $832,000 | 6,763 |
| Other real estate owned | $0 | 8,823 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $387,000 | 10,468 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $27,715,000 | 10,067 |
| Total liabilities | $25,935,000 | 9,918 |
| Total deposits | $25,184,000 | 9,872 |
| Interest-bearing deposits | $22,832,000 | 9,634 |
| Deposits held in domestic offices | $25,184,000 | 9,867 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $625,000 | 3,769 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $126,000 | 10,523 |
| Total equity capital | $1,780,000 | 11,235 |
| Total bank equity capital | $1,780,000 | 11,235 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $150,000 | 8,932 |
| Surplus | $575,000 | 9,688 |
| Undivided profits | $1,055,000 | 8,909 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $100,000 | 8,418 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $87,000 | 11,183 |
| Earning assets | $25,270,000 | 10,059 |
| Long-term assets (5+ years) | $7,430,000 | 4,934 |
| Average Assets, year-to-date | $27,146,600 | 10,077 |
| Average Assets, quarterly | $27,435,500 | 10,090 |
| Volatile liabilities | $1,681,000 | 10,107 |
| Insider loans | $0 | 11,229 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $290,000 | 10,900 |
| Tier 1 (core) risk-based capital | $2,041,000 | 10,954 |
| Tier 2 risk-based capital | $195,000 | 9,255 |
| Total risk weighted assets | $16,761,700 | 9,693 |
| Total unused commitments | $290,000 | 10,903 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 17 | 9,167 |
| Assets and Liabilities | ||
| Total Assets: | $27,464,000 | 10,516 |
| Cash and due from depository institutions | $999,000 | 9,167 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $9,636,000 | 9,223 |
| Federal funds sold & reverse repurchase agreements | $0 | 10,345 |
| Net loans & leases | $15,630,000 | 9,869 |
| Loan loss allowance | $168,000 | 10,840 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $903,000 | 6,554 |
| Other real estate owned | $0 | 9,167 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $296,000 | 11,318 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $27,464,000 | 10,516 |
| Total liabilities | $25,402,000 | 10,434 |
| Total deposits | $25,263,000 | 10,321 |
| Interest-bearing deposits | $22,456,000 | 10,121 |
| Deposits held in domestic offices | $25,263,000 | 10,315 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,027 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $139,000 | 10,645 |
| Total equity capital | $2,062,000 | 11,242 |
| Total bank equity capital | $2,062,000 | 11,242 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $150,000 | 9,374 |
| Surplus | $575,000 | 10,018 |
| Undivided profits | $1,337,000 | 8,764 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $377,000 | 5,748 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $106,000 | 10,818 |
| Earning assets | $25,266,000 | 10,479 |
| Long-term assets (5+ years) | $7,715,000 | 5,123 |
| Average Assets, year-to-date | $26,826,400 | 10,496 |
| Average Assets, quarterly | $27,364,500 | 10,494 |
| Volatile liabilities | $824,000 | 11,706 |
| Insider loans | $146,000 | 9,035 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $317,000 | 11,105 |
| Tier 1 (core) risk-based capital | $2,062,000 | 11,203 |
| Tier 2 risk-based capital | $168,000 | 10,064 |
| Total risk weighted assets | $16,002,900 | 10,121 |
| Total unused commitments | $317,000 | 11,115 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 17 | 9,428 |
| Assets and Liabilities | ||
| Total Assets: | $26,346,000 | 10,989 |
| Cash and due from depository institutions | $1,073,000 | 9,428 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $10,590,000 | 8,904 |
| Federal funds sold & reverse repurchase agreements | $0 | 11,296 |
| Net loans & leases | $13,253,000 | 10,680 |
| Loan loss allowance | $162,000 | 11,278 |
| Trading account assets | $307,000 | 303 |
| Bank premises and fixed assets | $803,000 | 7,097 |
| Other real estate owned | $0 | 9,428 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $320,000 | 11,509 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $26,346,000 | 10,989 |
| Total liabilities | $24,298,000 | 10,910 |
| Total deposits | $23,873,000 | 10,861 |
| Interest-bearing deposits | $21,125,000 | 10,717 |
| Deposits held in domestic offices | $23,873,000 | 10,857 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $250,000 | 3,348 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $175,000 | 10,593 |
| Total equity capital | $2,048,000 | 11,395 |
| Total bank equity capital | $2,048,000 | 11,395 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $150,000 | 9,817 |
| Surplus | $575,000 | 10,258 |
| Undivided profits | $1,323,000 | 8,765 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $53,000 | 11,184 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $86,000 | 11,994 |
| Earning assets | $24,150,000 | 10,925 |
| Long-term assets (5+ years) | $7,775,000 | 5,065 |
| Average Assets, year-to-date | $25,236,600 | 11,062 |
| Average Assets, quarterly | $26,895,500 | 10,847 |
| Volatile liabilities | $849,000 | 12,103 |
| Insider loans | $128,000 | 5,054 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $959,000 | 9,261 |
| Tier 1 (core) risk-based capital | $2,048,000 | 11,349 |
| Tier 2 risk-based capital | $162,000 | 10,342 |
| Total risk weighted assets | $14,308,200 | 10,828 |
| Total unused commitments | $959,000 | 9,288 |
| Derivatives | $0 | 651 |