The Privatebank
Bloomfield Hills, MI — Domestic Branch of a Domestic Bank
Acquired Apr 2009
Vitals
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Total Assets1.2B 37.5 %
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Total Deposits707.4M 4.2 %
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Total Net Loans783.0M 22.7 %
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Net Income
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Book Value132.9M 16.5 %
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Book Value x2265.7M 16.5 %
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Book Value x3398.6M 16.5 %
Balance Sheet Highlights
Financial Highlights | The Privatebank | All Insured Commercial Banks in Michigan |
Balance Sheet $(000) | ||
Total Assets | 1,187,282 | 248,367 |
Total Net Loans | 783,022 | 181,516 |
Total Deposits | 707,431 | 198,409 |
Total Equity | 132,865 | 23,279 |
Profitability | ||
Net Income | — | 458 |
Return on Average Assets | — | 1.252 |
Return on Average Equity | — | 8.56 |
Net Interest Margin | 2.485 | 3.632 |
Efficiency Ratio | 55.923 | 80.184 |
Noninterest Income/Revenue | 6.096 | 14.226 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 110.685 | 88.172 |
Securities/Assets | .052 | .475 |
Total Equity/Total Assets | .112 | .094 |
Tangible Equity/Tangible Assets | .074 | -.112 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 86,712 | 21,452 |
Tier 2 Capital | 10,959 | 2,715 |
Total Capital | 97,671 | 23,751 |
Total Risk Weighted Assets | 870,915 | 187,182 |
Leverage Ratio | 8.62 | 9.703 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.96 | 13.408 |
Total Capital Ratio | 11.21 | 14.62 |
Timeline for The Privatebank
The Privatebank And Trust Company
The Privatebank was acquired by The Privatebank And Trust Company 15 years
View Profile Apr 01 2009Tpb Title Agency, Llc
Tpb Title Agency, Llc became a new subsidiary organization for The Privatebank.
View Profile Jun 21 2006Privatebancorp, Inc.
Privatebancorp, Inc. became a new parent organization for The Privatebank.
View Profile Jun 20 2005Bank Of Rochester
Acquisition: The Privatebank acquired a new subsidiary, Bank Of Rochester, 23 years
View Profile Apr 23 2001Private Bank Mortgage Company, The
Private Bank Mortgage Company, The became a new subsidiary organization for The Privatebank.
View Profile Apr 01 2001Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
The Privatebank And Trust Company | Buyer | 19,090,535 | Pooling of Interests | Discontinued | 4/1/2009 |
Bank Of Rochester | Seller | 24,375 | Pooling of Interests | Discontinued | 4/23/2001 |
Relationships | Role | Relationship Start | Relationship End |
Privatebancorp, Inc. | Parent | 6/20/2005 | 3/31/2009 |
Bloomfield Hills Bancorp, Inc. | Parent | 10/3/1989 | 6/19/2005 |
Private Bank Mortgage Company, The | Subsidary | 6/30/2007 | 3/31/2009 |
Bbh Financial Advisors, Inc. | Subsidary | 6/30/2007 | 3/31/2009 |
Tpb Title Agency, Llc | Subsidary | 6/21/2006 | 3/31/2009 |
Private Bank Mortgage Company, The | Subsidary | 4/1/2001 | 6/29/2007 |
Bbh Financial Advisors, Inc. | Subsidary | 11/7/1997 | 6/29/2007 |
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