SAFE & SOUND® STAR RATINGS

Financial statement

BANK OF ALPENA
468 NORTH RIPLEY BOULEVARD
ALPENA, Michigan 49707

STAR RATING: 3 starstarstar
Predictive Indicator - (decline)
As of December 31, 2013
Federal Reserve System Identifier 2936840




Financial summary ($ in Thousands)
2013
12 months
2012
Year
2011
Year
Total Assets$73,171$86,676$70,066
Loans Receivable, Net38,63040,61539,354
Mortgage-Backed Securities4,5043,3233,900
Investments18,41318,14413,287
Deposits66,15279,42862,837
Borrowings000
Equity6,8057,0627,031
Net Interest Income2,4742,6552,832
Fee Income154160174
Overhead2,4812,5272,749
Net Operating Income190103269
Net Income13577191
Ratio Analysis Profitability%%%
Return on Assets *0.190.110.27
Operating Return on Assets *0.260.140.38
Return on Equity *1.971.092.77
Net Interest Margin *3.623.814.50
Fee Income / Assets *0.210.220.25
Overhead / Assets *3.433.513.93
Efficiency Ratio90.88100.2489.69
Asset Quality%%%
Nonperforming Assets / Assets3.412.875.58
Nonperforming Assets / Equity & Loss Reserves32.7631.5548.99
Loss Reserves / Nonperforming Loans36.2643.662.41
1-4 Fam Mtg + MBS / Assets22.8618.5721.76
Commercial Real Estate Loans / Assets24.8022.5530.28
Construction Loans / Assets1.241.561.30
Commercial & Industrial Loans / Assets9.117.017.35
Consumer Loans / Assets0.440.470.53
Capitalization%%%
Equity / Assets9.308.1510.03
Tangible Capital / Tangible Assets9.308.1510.03
Risk-based Capital Ratio19.3918.0518.47
Liquidity%%%
Loans / Deposits58.4051.1362.63
Non-Interest Bearing Deposits / Deposits26.4340.1025.93
Purchased Liabilities1.641.785.83

* Calculations are based on the latest four quarters of income and expense.
Modify Search

Connect with us