Vitals
  • Total Assets
    762.0M 0.5 %
  • Total Deposits
    539.8M -0.6 %
  • Total Net Loans
    266.7M -25.5 %
  • Net Income
    4.0M -49.0 %
  • Book Value
    207.3M 1.7 %
  • Book Value x2
    414.5M 1.7 %
  • Book Value x3
    621.8M 1.7 %
ROAA

.537

ROAE

1.952

Efficiency Ratio

77.322

Net Interest Margin

3.245

Balance Sheet Highlights
Financial Highlights Wells Fargo Bank Michigan, National Association All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 762,001 215,187
Total Net Loans 266,723 159,549
Total Deposits 539,830 172,873
Total Equity 207,261 21,490
Profitability
Net Income 4,023 19,395
Return on Average Assets .537 1.276
Return on Average Equity 1.952 12.591
Net Interest Margin 3.245 4.236
Efficiency Ratio 77.322 63.66
Noninterest Income/Revenue 30.078 17.561
Balance Sheet Ratios
Loan-to-Deposit 49.409 88.398
Securities/Assets .154 1.169
Total Equity/Total Assets .272 .1
Tangible Equity/Tangible Assets .135 -.452
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 101,876 19,726
Tier 2 Capital 4,649 2,069
Total Capital 106,525 21,617
Total Risk Weighted Assets 363,548 156,466
Leverage Ratio 15.67 9.63
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 28.02 13.528
Total Capital Ratio 29.3 14.758

Timeline for Wells Fargo Bank Michigan, National Association

Wells Fargo Bank, National Association

Wells Fargo Bank Michigan, National Association was acquired by Wells Fargo Bank, National Association 20 years

View Profile Feb 20 2004

Orchid Asset Management, Inc.

Orchid Asset Management, Inc. became a new subsidiary organization for Wells Fargo Bank Michigan, National Association.

View Profile Sep 01 2000

Mfc First National Bank

Acquisition: Wells Fargo Bank Michigan, National Association acquired a new subsidiary, Mfc First National Bank, 23 years

View Profile Jul 22 2000

The Miners' First National Bank & Trust Company Of Ishpeming

Acquisition: Wells Fargo Bank Michigan, National Association acquired a new subsidiary, The Miners' First National Bank & Trust Company Of Ishpeming, 32 years

View Profile Nov 11 1991

Trenary State Bank

Acquisition: Wells Fargo Bank Michigan, National Association acquired a new subsidiary, Trenary State Bank, 36 years

View Profile Oct 23 1987

Want to see more?

Complete timeline for Wells Fargo Bank Michigan, National Association is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Wells Fargo Bank, National Association Buyer 1,740,819,000 Pooling of Interests Discontinued 2/20/2004
Mfc First National Bank Seller 152,236 Pooling of Interests Discontinued 7/22/2000
Mfc First National Bank Seller 103,979 Pooling of Interests Discontinued 7/22/2000
Mfc First National Bank Seller 116,124 Pooling of Interests Discontinued 7/22/2000
Mfc First National Bank Seller 67,315 Pooling of Interests Discontinued 7/22/2000
Mfc First National Bank Seller 64,697 Pooling of Interests Discontinued 7/22/2000
Mfc First National Bank Seller 74,646 Pooling of Interests Discontinued 7/22/2000
The Miners' First National Bank & Trust Company Of Ishpeming Seller 76,419 Discontinued 11/11/1991
Trenary State Bank Seller 12,462 Discontinued 10/23/1987
The Gwinn State Savings Bank Seller 19,775 Discontinued 11/1/1986
Relationships Role Relationship Start Relationship End
Michigan Financial Corporation Parent 10/1/1973 2/19/2004
Orchid Asset Management, Inc. Subsidary 9/1/2000 2/19/2004
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