The Peninsula Bank Of Ishpeming
Ishpeming, MI — Domestic Branch of a Domestic Bank
Acquired Dec 2014
Vitals
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Total Assets126.4M -5.2 %
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Total Deposits107.1M -6.3 %
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Total Net Loans72.7M -2.2 %
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Net Income-230000.0000 -757.1 %
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Book Value16.9M 5.3 %
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Book Value x233.9M 5.3 %
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Book Value x350.8M 5.3 %
Balance Sheet Highlights
Financial Highlights | The Peninsula Bank Of Ishpeming | All Insured Commercial Banks in Michigan |
Balance Sheet $(000) | ||
Total Assets | 126,389 | 273,553 |
Total Net Loans | 72,656 | 176,126 |
Total Deposits | 107,057 | 231,676 |
Total Equity | 16,942 | 29,006 |
Profitability | ||
Net Income | -230 | 1,859 |
Return on Average Assets | -.239 | .754 |
Return on Average Equity | -1.779 | 7.249 |
Net Interest Margin | 3.831 | 3.822 |
Efficiency Ratio | 95.181 | 75.334 |
Noninterest Income/Revenue | 26.369 | 20.091 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 67.867 | 73.587 |
Securities/Assets | .181 | .19 |
Total Equity/Total Assets | .134 | .106 |
Tangible Equity/Tangible Assets | .13 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 16,853 | 27,267 |
Tier 2 Capital | 950 | 2,202 |
Total Capital | 17,803 | 29,453 |
Total Risk Weighted Assets | 74,998 | 186,794 |
Leverage Ratio | 13.4 | 10.451 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 22.47 | 16.353 |
Total Capital Ratio | 23.74 | 17.524 |
Timeline for The Peninsula Bank Of Ishpeming
Peninsula Insurance Agency, Inc.
Peninsula Insurance Agency, Inc. became a new subsidiary organization for The Peninsula Bank Of Ishpeming.
View Profile Dec 17 1996Peninsula Financial Corporation
Peninsula Financial Corporation became a new parent organization for The Peninsula Bank Of Ishpeming.
View Profile Jul 31 1986The Peninsula Bank Of Ishpeming
The Peninsula Bank Of Ishpeming was established 136 years ago and is currently headquartered in Ishpeming, MI.
Oct 27 1887Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Mbank | Buyer | 955,746 | Acquisition | Discontinued | 12/6/2014 |
Relationships | Role | Relationship Start | Relationship End |
Peninsula Financial Corporation | Parent | 7/31/1986 | 12/5/2014 |
Peninsula Insurance Agency, Inc. | Subsidary | 6/30/2007 | 12/5/2014 |
Peninsula Insurance Agency, Inc. | Subsidary | 12/17/1996 | 6/29/2007 |
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