Vitals
  • Total Assets
    258.8M 5.1 %
  • Total Deposits
    226.5M 5.5 %
  • Total Net Loans
    140.6M 3.9 %
  • Net Income
    2.1M 5.7 %
  • Book Value
    30.2M 2.0 %
  • Book Value x2
    60.4M 2.0 %
  • Book Value x3
    90.5M 2.0 %
ROAA

.835

ROAE

6.847

Efficiency Ratio

67.755

Net Interest Margin

3.725

Balance Sheet Highlights
Financial Highlights Central Savings Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 258,769 330,697
Total Net Loans 140,617 227,599
Total Deposits 226,459 278,247
Total Equity 30,177 33,935
Profitability
Net Income 2,086 3,589
Return on Average Assets .835 .954
Return on Average Equity 6.847 8.772
Net Interest Margin 3.725 3.821
Efficiency Ratio 67.755 71.925
Noninterest Income/Revenue 16.682 24.061
Balance Sheet Ratios
Loan-to-Deposit 62.094 76.845
Securities/Assets .302 .16
Total Equity/Total Assets .117 .103
Tangible Equity/Tangible Assets .116 .098
Capital Adequacy
Tier 1 Common Capital 30,677 32,553
Tier 1 Capital 30,677 32,664
Tier 2 Capital 1,679 2,479
Total Capital 32,356 35,133
Total Risk Weighted Assets 165,099 242,208
Leverage Ratio 11.9 10.341
Common Equity Tier 1 Capital Ratio 18.58 15.339
Tier 1 Capital Ratio 18.58 15.393
Total Capital Ratio 19.6 16.423

Timeline for Central Savings Bank

Central Business Corporation

Central Business Corporation became a new subsidiary organization for Central Savings Bank.

View Profile May 13 2008

Central Financial Corporation

Central Financial Corporation became a new subsidiary organization for Central Savings Bank.

View Profile Dec 30 1996

Central Bank Corporation

Central Bank Corporation became a new parent organization for Central Savings Bank.

View Profile Nov 25 1987

Central Savings Bank

Central Savings Bank was established 121 years ago and is currently headquartered in Sault Sainte Marie, MI.

Dec 02 1902
Relationships Role Relationship Start Relationship End
Central Bank Corporation Parent 11/25/1987
Central Financial Corporation Subsidary 6/30/2007
Central Business Corporation Subsidary 5/13/2008
Central Financial Corporation Subsidary 12/30/1996 6/29/2007
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