Vitals
  • Total Assets
    312.5M 6.1 %
  • Total Deposits
    267.5M 6.5 %
  • Total Net Loans
    248.9M 12.3 %
  • Net Income
    2.6M -0.9 %
  • Book Value
    32.1M 8.7 %
  • Book Value x2
    64.2M 8.7 %
  • Book Value x3
    96.2M 8.7 %
ROAA

.878

ROAE

8.545

Efficiency Ratio

68.083

Net Interest Margin

3.682

Balance Sheet Highlights
Financial Highlights Traverse City State Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 312,513 330,697
Total Net Loans 248,851 227,599
Total Deposits 267,542 278,247
Total Equity 32,079 33,935
Profitability
Net Income 2,636 3,589
Return on Average Assets .878 .954
Return on Average Equity 8.545 8.772
Net Interest Margin 3.682 3.821
Efficiency Ratio 68.083 71.925
Noninterest Income/Revenue 25.608 24.061
Balance Sheet Ratios
Loan-to-Deposit 93.014 76.845
Securities/Assets .022 .16
Total Equity/Total Assets .103 .103
Tangible Equity/Tangible Assets .09 .098
Capital Adequacy
Tier 1 Common Capital 29,850 32,553
Tier 1 Capital 29,850 32,664
Tier 2 Capital 2,945 2,479
Total Capital 32,795 35,133
Total Risk Weighted Assets 235,626 242,208
Leverage Ratio 9.73 10.341
Common Equity Tier 1 Capital Ratio 12.67 15.339
Tier 1 Capital Ratio 12.67 15.393
Total Capital Ratio 13.92 16.423

Timeline for Traverse City State Bank

Tcsb Mortgage Company

Acquisition: Traverse City State Bank acquired a new subsidiary, Tcsb Mortgage Company , 16 years

View Profile Mar 17 2008

Tcsb Mortgage Company

Tcsb Mortgage Company became a new subsidiary organization for Traverse City State Bank.

View Profile Jan 03 2006

Tcsb Bancorp, Inc.

Tcsb Bancorp, Inc. became a new parent organization for Traverse City State Bank.

View Profile Apr 15 2002

Traverse City State Bank

Traverse City State Bank was established 23 years ago and is currently headquartered in Traverse City, MI.

Jul 06 2000
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Tcsb Mortgage Company Seller Pooling of Interests Discontinued 3/17/2008
Relationships Role Relationship Start Relationship End
Tcsb Bancorp, Inc. Parent 4/15/2002
Tcsb Mortgage Company Subsidary 6/30/2007 3/16/2008
Tcsb Mortgage Company Subsidary 1/3/2006 6/29/2007
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