Michigan – Gratiot – Alma
(NM) Commercial bank, state charter and Fed nonmember
active
www.commercial-bank.com
Michigan
Gratiot
Alma
(NM) Commercial bank, state charter and Fed nonmember
active
18584
1962
FDIC Certificate Number: 18584
FDIC's unique number: 12471
The FDIC Field Office where an institution is physically located: Detroit
Federal Reserve ID Number: 513340
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 10
Number of Foreign Offices: 0
The date of the last data update: 2010-07-19
1962-08-29 Institution established. Original name: Central National Bank Of Alma.
1983-09-30 Acquired Commercial National Bank in Ithaca, Michigan.
1983-09-30 Changed name to Commercial National Bank .
1988-05-31 Reorganized.
1992-12-30 Changed name to Commercial Bank .
1992-12-30 Changed primary regulatory agency from Comptroller Of The Currency to Federal Deposit Insurance Corporation.
2010-07-16 Acquired Mainstreet Savings Bank, Fsb in Hastings, Michigan as part of a government assisted transaction.
Total assets: $391,085,000
Total deposits: $332,241,000
Deposits held in domestic offices: $332,241,000
Equity capital: $29,106,000
Net income: $1,310,000
Return on Assets: 0.66
Return on Equity: 9.14
Last updated on: 2011-10-20
Bank Holding Company: Commercial National Financial Corporation
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Profile ID: LFUS-BAB-P-6595