Michigan – Washtenaw – Ann Arbor
(NM) Commercial bank, state charter and Fed nonmember
active
www.michigancommercebank.com
Michigan
Washtenaw
Ann Arbor
(NM) Commercial bank, state charter and Fed nonmember
active
33134
1990
FDIC Certificate Number: 33134
FDIC's unique number: 46369
The FDIC Field Office where an institution is physically located: Detroit
Federal Reserve ID Number: 1478222
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: 2010-04-14
1990-10-01 Institution established. Original name: Ann Arbor Commerce Bank.
2009-03-31 Acquired Portage Commerce Bank in Portage, Michigan.
2009-03-31 Changed name to Michigan Commerce Bank .
2009-03-31 Acquired Oakland Commerce Bank in Farmington Hills, Michigan.
2009-03-31 Acquired Grand Haven Bank in Grand Haven, Michigan.
2009-03-31 Acquired Macomb Community Bank in Clinton Township, Michigan.
2009-03-31 Acquired Brighton Commerce Bank in Brighton, Michigan.
2009-03-31 Acquired Muskegon Commerce Bank in Muskegon, Michigan.
2009-03-31 Acquired Kent Commerce Bank in Kentwood, Michigan.
2009-03-31 Acquired Detroit Commerce Bank in Detroit, Michigan.
2010-03-31 Acquired Paragon Bank & Trust in Holland, Michigan.
2010-03-31 Acquired Bank Of Auburn Hills in Auburn Hills, Michigan.
2010-03-31 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
Total assets: $864,807,000
Total deposits: $827,361,000
Deposits held in domestic offices: $827,361,000
Equity capital: $24,748,000
Net income: $-11,613,000
Return on Assets: -2.6
Return on Equity: -125.2
Last updated on: 2011-10-20
Bank Holding Company: Capitol Bancorp Ltd.
Michigan Commerce Bank - Auburn Hills Branch
Michigan Commerce Bank - Brighton Branch
Michigan Commerce Bank - Downtown Detroit Branch
Michigan Commerce Bank - Farmington Hills Branch
Michigan Commerce Bank - Grand Haven Branch
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Profile ID: LFUS-BAB-P-16913