Michigan Commerce Bank

Michigan – Washtenaw – Ann Arbor

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(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.

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Profile ID: LFUS-BAB-P-16913

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