Vitals
  • Total Assets
    112.4M -28.9 %
  • Total Deposits
    98.9M -30.7 %
  • Total Net Loans
    90.5M -27.4 %
  • Net Income
  • Book Value
    2.8M -78.8 %
  • Book Value x2
    5.6M -78.8 %
  • Book Value x3
    8.4M -78.8 %
ROAA

ROAE

Efficiency Ratio

257.636

Net Interest Margin

1.368

Balance Sheet Highlights
Financial Highlights Main Street Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 112,368 226,260
Total Net Loans 90,532 183,619
Total Deposits 98,934 178,477
Total Equity 2,797 22,727
Profitability
Net Income — 1,745
Return on Average Assets — 1.325
Return on Average Equity — 8.412
Net Interest Margin 1.368 3.744
Efficiency Ratio 257.636 75.619
Noninterest Income/Revenue 8.239 12.204
Balance Sheet Ratios
Loan-to-Deposit 91.508 93.905
Securities/Assets .099 .478
Total Equity/Total Assets .025 .1
Tangible Equity/Tangible Assets .025 -.505
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 2,809 20,943
Tier 2 Capital 1,202 2,449
Total Capital 4,011 23,003
Total Risk Weighted Assets 95,438 176,045
Leverage Ratio 2.28 10.063
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 2.94 13.647
Total Capital Ratio 4.2 14.817

Timeline for Main Street Bank

Monroe Bank & Trust

Main Street Bank was acquired by Monroe Bank & Trust 15 years

View Profile Oct 11 2008

Main Street Bank

Main Street Bank was established 20 years ago and is currently headquartered in Northville, MI.

Mar 01 2004

Main Street Bancorp, Inc.

Main Street Bancorp, Inc. became a new parent organization for Main Street Bank.

View Profile Mar 01 2004
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Monroe Bank & Trust Buyer 1,341,707 Failure 10/11/2008
Relationships Role Relationship Start Relationship End
Main Street Bancorp, Inc. Parent 3/1/2004 10/10/2008
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