Assets
Liabilities
Assets Independent Bank All Insured Commercial Banks in Michigan
Total Assets 2,537,351,000 310,577,917
Loans & Leases 1,656,343,000 216,162,583
Real Estate Loans 1,198,880 170,377
Commercial Loans 200,826 34,246
Individual Loans 266,187 6,909
Agricultural Loans 4,075 2,395
Other Loans and Leases in Domestic and Foreign Offices 6,609 4,967
Loan and Lease Allowance (20,234) (2,718)
Unearned Income on Loans — (13)
Securities 610,616,000 52,406,917
U.S. Treasury and Agency Securities 185,277 26,447
Municipal Securities 170,899 22,390
Foreign Debt Securities 25,475 137
All Other Securities 228,965 3,433
Cash & Balances due from depository institutions 88,785,000 21,911,119
Noninterest-Bearing Cash and Due From Banks 48,948 7,751
Interest-Bearing Bank Balances 39,837 14,160
Federal Funds Sold and Resales — 759
Trading Account Assets 410 0
Premises and fixed assets (including capitalized leases) 40,353 5,622
Other Real Estate Owned 4,956 590
Direct and Indirect Investments in Real Estate Ventures — 0
Investment in Unconsolidated Subsidiaries — 16
Acceptances and Other Assets 135,888 13,110
Liabilities Independent Bank All Insured Commercial Banks in Michigan
Total Liabilities 2,537,351,000 305,048,190
Deposits 2,278,537,000 271,113,548
Demand Deposits 116,478 45,963
All NOW & ATS Accounts 42,750 26,638
Money Market Deposit Accounts 114,062 45,591
Other Nontransaction Savings 1,482,860 76,679
Time Deposits At Or Below Insurance Limit 309,467 54,342
Fully Insured Brokered Deposits 38,657 13,573
Less: Fully Insured Brokered Deposits (38,657) (13,573)
Time Deposits Above Insurance Limit 179,645 10,051
Total Deposits in Foreign Offices — 0
Federal Home Loan Bank Borrowings Maturing Under One Year 1,587 1,780
Federal Funds Purchased & Resales — 1,957
Federal Home Loan Bank Borrowing Maturing Over One Year 7,841 5,674
Other Borrowings Maturing Under One Year — 0
Other Borrowing Maturing Over One Year — 2
Acceptances & Other Liabilities 23,847 2,436
Capital 258,814,000 33,934,643
Subordinated Notes and Debentures — 0
Total Equity 258,814 33,935