Vitals
  • Total Assets
    351.1M 7.0 %
  • Total Deposits
    317.2M 8.2 %
  • Total Net Loans
    204.5M 7.3 %
  • Net Income
    2.3M -5.6 %
  • Book Value
    31.9M -2.3 %
  • Book Value x2
    63.7M -2.3 %
  • Book Value x3
    95.6M -2.3 %
ROAA

.683

ROAE

6.976

Efficiency Ratio

73.702

Net Interest Margin

3.636

Balance Sheet Highlights
Financial Highlights Range Bank, National Association All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 351,119 330,697
Total Net Loans 204,514 227,599
Total Deposits 317,178 278,247
Total Equity 31,874 33,935
Profitability
Net Income 2,312 3,589
Return on Average Assets .683 .954
Return on Average Equity 6.976 8.772
Net Interest Margin 3.636 3.821
Efficiency Ratio 73.702 71.925
Noninterest Income/Revenue 16.976 24.061
Balance Sheet Ratios
Loan-to-Deposit 64.479 76.845
Securities/Assets .323 .16
Total Equity/Total Assets .091 .103
Tangible Equity/Tangible Assets .079 .098
Capital Adequacy
Tier 1 Common Capital 31,585 32,553
Tier 1 Capital 31,585 32,664
Tier 2 Capital 2,397 2,479
Total Capital 33,982 35,133
Total Risk Weighted Assets 248,204 242,208
Leverage Ratio 8.75 10.341
Common Equity Tier 1 Capital Ratio 12.73 15.339
Tier 1 Capital Ratio 12.73 15.393
Total Capital Ratio 13.69 16.423

Timeline for Range Bank, National Association

Range Bank - Copper Country, National Association

Acquisition: Range Bank, National Association acquired a new subsidiary, Range Bank - Copper Country, National Association, 17 years

View Profile Dec 16 2006

Range Mortgage Company Llc

Range Mortgage Company Llc became a new subsidiary organization for Range Bank, National Association.

View Profile Jul 01 2004

First Of Negaunee Financial Services, Inc.

First Of Negaunee Financial Services, Inc. became a new subsidiary organization for Range Bank, National Association.

View Profile Dec 31 2002

Range Financial Corporation

Range Financial Corporation became a new parent organization for Range Bank, National Association.

View Profile Jul 31 1986

Range Bank, National Association

Range Bank, National Association was established 136 years ago and is currently headquartered in Marquette, MI.

Jun 04 1887
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Range Bank - Copper Country, National Association Seller 54,349 Pooling of Interests Discontinued 12/16/2006
Relationships Role Relationship Start Relationship End
Range Financial Corporation Parent 7/31/1986
Range Mortgage Company Llc Subsidary 7/1/2004 8/31/2012
First Of Negaunee Financial Services, Inc. Subsidary 12/31/2002 1/1/2007
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