Community Central Bank
Mount Clemens, MI — Non-member Bank
Acquired Apr 2011
Vitals
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Total Assets451.7M -19.1 %
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Total Deposits371.5M -13.0 %
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Total Net Loans308.6M -20.8 %
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Net Income-7755000.0000 11.5 %
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Book Value903000.0000 -96.6 %
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Book Value x21.8M -96.6 %
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Book Value x32.7M -96.6 %
Balance Sheet Highlights
| Financial Highlights | Community Central Bank | All Insured Commercial Banks in Michigan |
| Balance Sheet $(000) | ||
| Total Assets | 451,683 | 244,494 |
| Total Net Loans | 308,645 | 161,906 |
| Total Deposits | 371,494 | 207,832 |
| Total Equity | 903 | 22,036 |
| Profitability | ||
| Net Income | -7,755 | 277 |
| Return on Average Assets | -6.524 | .448 |
| Return on Average Equity | -654.361 | 4.459 |
| Net Interest Margin | 2.626 | 3.949 |
| Efficiency Ratio | 132.02 | 75.166 |
| Noninterest Income/Revenue | 7.979 | 14.44 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 83.082 | 76.1 |
| Securities/Assets | .079 | .146 |
| Total Equity/Total Assets | .002 | .09 |
| Tangible Equity/Tangible Assets | .002 | .087 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 771 | 20,662 |
| Tier 2 Capital | 771 | 2,057 |
| Total Capital | 1,542 | 22,720 |
| Total Risk Weighted Assets | 319,884 | 165,979 |
| Leverage Ratio | .16 | 9.597 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | .24 | 14.757 |
| Total Capital Ratio | .48 | 15.987 |
Timeline for Community Central Bank
Community Central Bank was acquired by 13 years
Apr 30 2011
Talmer Bank And Trust
Community Central Bank was acquired by Talmer Bank And Trust 13 years
View Profile Apr 30 2011
River Place Financial Corporation
Acquisition: Community Central Bank acquired a new subsidiary, River Place Financial Corporation , 18 years
View Profile Jul 01 2005
North Oakland Community Bank
Acquisition: Community Central Bank acquired a new subsidiary, North Oakland Community Bank, 20 years
View Profile Oct 17 2003
Community Central Mortgage Company, Llc
Community Central Mortgage Company, Llc became a new subsidiary organization for Community Central Bank.
View Profile May 17 2001
| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Talmer Bank And Trust | Buyer | 7,590,654 | Failure | 4/30/2011 | |
| River Place Financial Corporation | Seller | Acquisition | Discontinued | 7/1/2005 | |
| North Oakland Community Bank | Seller | 27,712 | Acquisition | Discontinued | 10/17/2003 |
| Relationships | Role | Relationship Start | Relationship End |
| Community Central Bank Corporation | Parent | 10/28/1996 | 4/29/2011 |
| Community Central Mortgage Company, Llc | Subsidary | 5/17/2001 | 4/29/2011 |
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