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Commercial Bank
Commercial Bank
RSSD ID 513340 | CERTIFICATE 18584 | ABA NUMBER 72403554 |
101 N Pine River St |
Quarter Ended : |
2025-03-31 |
Ithaca, Michigan, 48847 |
Updated : |
2025-04-24 |
www.commercial-bank.com |
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Institution Profile |
Year Opened : |
1962 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
11 |
Number of Employees : |
100 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 570,139 |
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Total Interest Income | 6,475 |
Total Liabilities | 514,349 |
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Total NonInterest Income | 459 |
Total Bank Equity Capital | 55,790 |
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Total Interest Expense | 1,481 |
Total Deposits | 507,759 |
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Total NonInterest Expense | 3,512 |
Net Loans & Leases | 387,094 |
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Net Income | 1,593 |
Loan Loss Allowance | 3,482 |
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Net Charge Offs | 0 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 63,250 |
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Total loans | 393,234 |
Total assets for the leverage ratio | 571,421 |
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Loans secured by real estate: | 342,112 |
Tier 1 Leverage Ratio | 10.45 |
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Commercial and industrial loans | 36,588 |
Tier 1 Capital Ratio | 16.22 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 17.18 |
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Loans to individuals - Other | 6,168 |
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