Fifth Third Bank
Grand Rapids, MI — Domestic Branch of a Domestic Bank
Acquired Sep 2009
Vitals
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Total Assets50.9B -6.0 %
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Total Deposits41.5B 10.9 %
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Total Net Loans34.9B -14.5 %
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Net Income
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Book Value6.0B -6.6 %
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Book Value x212.1B -6.6 %
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Book Value x318.1B -6.6 %
Balance Sheet Highlights
Financial Highlights | Fifth Third Bank | All Insured Commercial Banks in Michigan |
Balance Sheet $(000) | ||
Total Assets | 50,893,622 | 240,551 |
Total Net Loans | 34,916,210 | 187,895 |
Total Deposits | 41,454,606 | 195,567 |
Total Equity | 6,525,990 | 22,268 |
Profitability | ||
Net Income | — | 879 |
Return on Average Assets | — | 1.159 |
Return on Average Equity | — | 7.633 |
Net Interest Margin | 2.686 | 3.655 |
Efficiency Ratio | 73.989 | 82.109 |
Noninterest Income/Revenue | 26.663 | 42.019 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 84.228 | 86.937 |
Securities/Assets | .109 | .497 |
Total Equity/Total Assets | .128 | .093 |
Tangible Equity/Tangible Assets | .095 | -.124 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 4,882,532 | 20,724 |
Tier 2 Capital | 932,873 | 2,644 |
Total Capital | 5,815,405 | 22,974 |
Total Risk Weighted Assets | 48,177,035 | 181,260 |
Leverage Ratio | 9.45 | 9.587 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.13 | 13.465 |
Total Capital Ratio | 12.07 | 14.688 |
Timeline for Fifth Third Bank
The Fifth Third Bank
Fifth Third Bank was acquired by The Fifth Third Bank 14 years
View Profile Sep 30 2009Freedom Bank
Acquisition: Fifth Third Bank acquired a new subsidiary, Freedom Bank, 15 years
View Profile Nov 01 2008R-G Crown Bank, National Association
Acquisition: Fifth Third Bank acquired a new subsidiary, R-G Crown Bank, National Association, 16 years
View Profile Nov 03 2007First National Wealth Management Company
Acquisition: Fifth Third Bank acquired a new subsidiary, First National Wealth Management Company , 19 years
View Profile Feb 28 2005First National Bank Of Florida
Acquisition: Fifth Third Bank acquired a new subsidiary, First National Bank Of Florida, 19 years
View Profile Jan 01 2005Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
The Fifth Third Bank | Buyer | 13,121,546 | Pooling of Interests | Discontinued | 9/30/2009 |
Freedom Bank | Seller | 270,842 | Failure | 11/1/2008 | |
R-G Crown Bank, National Association | Seller | 2,790,988 | Acquisition | Discontinued | 11/3/2007 |
First National Wealth Management Company | Seller | Pooling of Interests | Discontinued | 2/28/2005 | |
First National Bank Of Florida | Seller | 5,642,797 | Acquisition | Discontinued | 1/1/2005 |
West Coast Guaranty Title Insurance Company | Seller | Acquisition | Discontinued | 1/1/2005 | |
Fifth Third Bank, Florida | Seller | 703,477 | Pooling of Interests | Discontinued | 12/31/2003 |
Fifth Third Bank, Indiana | Seller | 8,174,578 | Pooling of Interests | Discontinued | 12/31/2003 |
The Fifth Third Bank Of Northern Kentucky, Inc. | Seller | 1,515,664 | Pooling of Interests | Discontinued | 12/31/2003 |
Fifth Third Bank, Kentucky, Inc. | Seller | 2,627,190 | Pooling of Interests | Discontinued | 12/31/2003 |
Home Loan Bank Fsb | Seller | 387,307 | Pooling of Interests | Discontinued | 10/14/2000 |
Old Kent, National Association | Seller | 13,758 | Pooling of Interests | Discontinued | 7/15/2000 |
Grand National Bank | Seller | 1,642,155 | Pooling of Interests | Discontinued | 4/15/2000 |
The Merchants National Bank Of Aurora | Seller | 984,254 | Pooling of Interests | Discontinued | 2/12/2000 |
Pinnacle Bank | Seller | 864,866 | Pooling of Interests | Discontinued | 9/4/1999 |
Pinnacle Bank Of The Quad Cities | Seller | 132,551 | Pooling of Interests | Discontinued | 9/4/1999 |
Community First Bank | Seller | 877,628 | Pooling of Interests | Discontinued | 7/10/1999 |
First National Bank Of Evergreen Park | Seller | 1,908,833 | Pooling of Interests | Discontinued | 12/12/1998 |
Old Kent Bank | Seller | 2,074,657 | Pooling of Interests | Discontinued | 7/1/1997 |
The Commercial And Savings Bank Of St. Clair County | Seller | 256,850 | Pooling of Interests | Discontinued | 5/10/1997 |
The Algonac Savings Bank | Seller | 124,287 | Pooling of Interests | Discontinued | 5/10/1997 |
Old Kent Bank, National Association | Seller | 535,342 | Pooling of Interests | Discontinued | 7/1/1995 |
Old Kent Bank Of Cadillac | Seller | 118,836 | Discontinued | 1/1/1995 | |
Old Kent Bank - East | Seller | 384,839 | Discontinued | 1/1/1995 | |
Old Kent Bank Of Hillsdale | Seller | 97,620 | Discontinued | 1/1/1995 | |
Old Kent Bank Of Gaylord | Seller | 171,372 | Discontinued | 1/1/1995 | |
Old Kent Bank Of Holland | Seller | 328,206 | Discontinued | 1/1/1995 | |
Old Kent Bank Of Petoskey | Seller | 153,191 | Discontinued | 1/1/1995 | |
Old Kent Bank-Grand Traverse | Seller | 450,147 | Discontinued | 1/1/1995 | |
Old Kent Bank-Southeast | Seller | 283,237 | Discontinued | 1/1/1995 | |
Old Kent Bank-Southwest | Seller | 1,208,738 | Discontinued | 1/1/1995 | |
Old Kent Bank Of Ludington | Seller | 77,987 | Discontinued | 1/1/1995 | |
Old Kent Bank Of St. Johns | Seller | 113,879 | Discontinued | 1/1/1995 | |
Old Kent Bank-Central | Seller | 421,345 | Discontinued | 1/1/1995 | |
Old Kent Bank Of Grand Haven | Seller | 402,146 | Discontinued | 1/1/1995 | |
Old Kent Bank Of Big Rapids | Seller | 125,046 | Discontinued | 1/1/1995 | |
Old Kent Bank Of Lansing, National Association | Seller | 46,075 | Discontinued | 3/2/1992 | |
Old Kent Bank Of Kentwood | Seller | 23,354 | Discontinued | 1/1/1988 | |
Old Kent Bank Of Greenville | Seller | 59,331 | Discontinued | 1/1/1988 | |
Old Kent Bank Of Fremont | Seller | 55,990 | Discontinued | 1/1/1988 | |
Kent Development Corporation | Seller | Discontinued | 6/30/1986 | ||
Kent Realty Corporation | Seller | Discontinued | 6/30/1986 | ||
Old Kent Bank Of Grandville | Seller | 7,105 | Discontinued | 3/1/1984 | |
Old Kent Bank Of Wyoming | Seller | 11,693 | Discontinued | 3/1/1984 | |
Community State Bank | Seller | Discontinued | 1/2/1964 |
Relationships | Role | Relationship Start | Relationship End |
Fifth Third Financial Corporation | Parent | 4/2/2001 | 9/29/2009 |
Old Kent Financial Corporation | Parent | 10/16/1972 | 4/1/2001 |
Old Kent Mortgage Services, Inc. | Subsidary | 6/30/2007 | 9/29/2009 |
Fifth Third Commercial Funding Inc | Subsidary | 6/30/2007 | 9/29/2009 |
Community Financial Services, Inc. | Subsidary | 6/30/2007 | 9/29/2009 |
Home Equity Of America, Inc. | Subsidary | 6/30/2007 | 9/29/2009 |
Fifth Third Mortgage-Mi, Llc | Subsidary | 7/30/2001 | 9/29/2009 |
Gnb Management Llc | Subsidary | 4/15/2000 | 9/29/2009 |
Fifth Third Funding, Llc | Subsidary | 9/1/2003 | 9/29/2009 |
Fifth Third Auto Funding, Llc | Subsidary | 5/18/2004 | 9/29/2009 |
Old Kent Mortgage Services, Inc. | Subsidary | 1/1/1994 | 6/29/2007 |
Fifth Third Commercial Funding Inc | Subsidary | 6/2/1997 | 6/29/2007 |
Community Financial Services, Inc. | Subsidary | 12/31/2003 | 6/29/2007 |
Home Equity Of America, Inc. | Subsidary | 9/13/2005 | 6/29/2007 |
Home Equity Of America, Inc. | Subsidary | 5/29/2001 | 9/12/2005 |
Southern Community Insurance Agency, Inc. | Subsidary | 1/1/2005 | 1/2/2005 |
62Nd Street Limited Partnership | Subsidary | 4/2/2001 | 12/30/2003 |
Elburn/ Meadows Lp | Subsidary | 4/2/2001 | 12/30/2003 |
Old Kent Hong Kong Llc | Subsidary | 12/10/1999 | 3/25/2003 |
Old Kent Trade Services Limited | Subsidary | 4/2/2001 | 3/7/2003 |
Lyon Street Asset Management Company | Subsidary | 1/2/1998 | 12/25/2001 |
Dovenmuehle Mortgage Company, L.P. | Subsidary | 9/3/1999 | 8/31/2001 |
Old Kent Leasing Services Corporation | Subsidary | 10/1/1989 | 8/22/2001 |
Old Kent Insurance Group, Inc. | Subsidary | 1/1/1998 | 5/21/2001 |
Capital Consolidated Financial Corporation | Subsidary | 7/9/1999 | 9/30/2000 |
Old Kent, National Association | Subsidary | 4/15/2000 | 7/14/2000 |
Old Kent Securities Corporation | Subsidary | 9/1/1994 | 7/2/2000 |
Merserco, Inc. | Subsidary | 2/12/2000 | 2/15/2000 |
Guyot, Hicks, Anderson & Associates, Inc. | Subsidary | 12/1/1995 | 12/31/1997 |
Hartger & Willard Mortgage Associates, Inc. | Subsidary | 1/3/1989 | 1/14/1997 |
Kent Development Corporation | Subsidary | 12/31/1976 | 6/29/1986 |
Kent Realty Corporation | Subsidary | 12/31/1976 | 6/29/1986 |
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