Assets
Liabilities
Assets Independent Bank - South Michigan All Insured Commercial Banks in Michigan
Total Assets 539,806,000 552,528,165
Loans & Leases 349,550,000 237,337,351
Real Estate Loans 317,405 162,228
Commercial Loans 26,859 27,239
Individual Loans 10,659 8,818
Agricultural Loans 696 8,655
Other Loans and Leases in Domestic and Foreign Offices 1,820 33,350
Loan and Lease Allowance (7,423) (2,721)
Unearned Income on Loans (466) (231)
Securities 98,704,000 217,144,632
U.S. Treasury and Agency Securities 15,737 172,071
Municipal Securities 59,420 24,852
Foreign Debt Securities — —
All Other Securities 23,547 20,221
Cash & Balances due from depository institutions 12,500,000 27,897,928
Noninterest-Bearing Cash and Due From Banks 12,500 5,823
Interest-Bearing Bank Balances — 22,075
Federal Funds Sold and Resales 35,000 52,796
Trading Account Assets — —
Premises and fixed assets (including capitalized leases) 13,568 5,138
Other Real Estate Owned 353 2,409
Direct and Indirect Investments in Real Estate Ventures — —
Investment in Unconsolidated Subsidiaries 676 1,481
Acceptances and Other Assets 29,455 8,325
Liabilities Independent Bank - South Michigan All Insured Commercial Banks in Michigan
Total Liabilities 539,806,000 1,427,441,778
Deposits 495,870,000 1,403,250,209
Demand Deposits 33,170 18,212
All NOW & ATS Accounts 8,675 15,467
Money Market Deposit Accounts 21,781 451,387
Other Nontransaction Savings 176,674 40,323
Time Deposits At Or Below Insurance Limit 208,186 69,480
Fully Insured Brokered Deposits 103,896 103,754
Less: Fully Insured Brokered Deposits (103,896) (103,754)
Time Deposits Above Insurance Limit 38,487 39,546
Total Deposits in Foreign Offices — —
Federal Home Loan Bank Borrowings Maturing Under One Year — 37,499
Federal Funds Purchased & Resales 3,494 120,968
Federal Home Loan Bank Borrowing Maturing Over One Year 1,000 57,754
Other Borrowings Maturing Under One Year 649 102,102
Other Borrowing Maturing Over One Year — 448,735
Acceptances & Other Liabilities 3,754 1,777
Capital 43,936,000 24,191,569
Subordinated Notes and Debentures — —
Total Equity 43,936 24,192