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FBMI Balance Sheet

Click line-items for a historical chart and %
ASSETS
Cash and due from banks 27.91M
Short term investments 66.85M
Total Cash and cash equivalents 94.75M
FDIC insured bank time certificates of deposit 746K
Trading account securities 18K
Securities available for sale 359.86M
Federal Home Loan Bank stock 7.27M
Loans held for sale 69K
Loans, net of allowance for loan losses of $21,327 at June 30, 2011 and $21,431 at December 31, 2010 969.55M
Premises and equipment, net 24.22M
Goodwill 35.51M
Core deposit and other intangibles 517K
Other real estate owned 1.2M
Accrued interest receivable and other assets 23.67M
TOTAL ASSETS 1.5B
LIABILITIES
Non-interest bearing accounts 265.58M
Interest bearing accounts:
Demand 372.69M
Savings 297.61M
Time 313.65M
Total Deposits 1.25B
Securities sold under agreements to repurchase and overnight borrowings 55.74M
Federal Home Loan Bank advances 12M
Subordinated Debentures 36.08M
Accrued interest and other liabilities 6.99M
Total Liabilities 1.36B
SHAREHOLDERS’ EQUITY
Preferred stock; no par value, 300,000 shares authorized, 33,000 issued 0
Common stock; 20,000,000 shares authorized, 7,853,295 shares issued and outstanding ( 7,803,816 at December 31, 2010 ) 116.73M
Retained earnings 22.6M
Accumulated other comprehensive income 724K
Total Shareholders’ Equity 140.06M
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 1.5B