EXHIBIT 21-SUBSIDIARIES OF THE REGISTRANT
CAPITOL BANCORP LTD.
DECEMBER 31, 2001
PAGE 1 OF 2 STATE OR OTHER
JURISDICTION
NAME OF SUBSIDIARY OF INCORPORATION
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CONSOLIDATED SUBSIDIARIES:
Ann Arbor Commerce Bank Michigan
Brighton Commerce Bank Michigan
Capitol National Bank United States
(national bank)
Detroit Commerce Bank (93% owned) Michigan
Grand Haven Bank Michigan
Kent Commerce Bank Michigan
Macomb Community Bank Michigan
Muskegon Commerce Bank Michigan
Oakland Commerce Bank Michigan
Paragon Bank & Trust Michigan
Portage Commerce Bank Michigan
Indiana Community Bancorp Limited (52% owned): Indiana
Elkhart Community Bank
(51% owned by Indiana Community Bancorp Limited) Indiana
Goshen Community Bank
(51% owned by Indiana Community Bancorp Limited) Indiana
Sun Community Bancorp Limited (50% owned): Arizona
Bank of Tucson
(100% owned by Sun Community Bancorp Limited) Arizona
Valley First Community Bank
(100% owned by Sun Community Bancorp Limited) Arizona
Camelback Community Bank
(100% owned by Sun Community Bancorp Limited) Arizona
East Valley Community Bank
(85% owned by Sun Community Bancorp Limited) Arizona
Southern Arizona Community Bank
(100% owned by Sun Community Bancorp Limited) Arizona
Mesa Bank
(100% owned by Sun Community Bancorp Limited) Arizona
Arrowhead Community Bank
(87% owned by Sun Community Bancorp Limited) Arizona
Yuma Community Bank
(51% owned by Sun Community Bancorp Limited) Arizona
First California Northern Bancorp
(51% owned by Sun Community Bancorp Limited) California
Nevada Community Bancorp Limited
(54% owned by Sun Community Bancorp Limited): Nevada
Black Mountain Community Bank
(51% owned by Nevada Community Bancorp Limited) Nevada
Desert Community Bank
(51% owned by Nevada Community Bancorp Limited) Nevada
Red Rock Community Bank
(51% owned by Nevada Community Bancorp Limited) Nevada
EXHIBIT 21--SUBSIDIARIES OF THE REGISTRANT - CONTINUED:
CAPITOL BANCORP LTD.
DECEMBER 31, 2001
PAGE 2 OF 2 STATE OR OTHER
JURISDICTION
NAME OF SUBSIDIARY OF INCORPORATION
- ------------------ ----------------
CONSOLIDATED SUBSIDIARIES - CONTINUED:
Sunrise Capital Corporation
(71% owned by Sun Community Bancorp Limited): New Mexico
Sunrise Bank of Arizona
(100% owned by Sunrise Capital Corporation) Arizona
Sunrise Bank of Albuquerque
(87% owned by Sunrise Capital Corporation) New Mexico
Sunrise Bank of San Diego
(64% owned by Sunrise Capital Corporation) California
Capitol Trust I Delaware
Capitol Trust II Delaware
Capitol Statutory Trust III Connecticut
UNCONSOLIDATED SUBSIDIARY:
Amera Mortgage Corporation, Inc. Michigan
(49% owned equity method investee)
INACTIVE SUBSIDIARIES:
MOI, Inc. Michigan
(wholly-owned subsidiary of
Oakland Commerce Bank)
Financial Center Corporation Michigan
C.B. Services, Inc. Michigan
The following summarizes regulatory agencies of the registrant and its
subsidiaries:
The Corporation's state-chartered banks located in Michigan are regulated by the
Office of Financial and Insurance Services, Department of Consumer & Industry
Services of the State of Michigan. Capitol National Bank, as a national bank, is
regulated by the Office of the Comptroller of the Currency. Bank subsidiaries
located in the states Arizona, Nevada, New Mexico, Indiana and California are
state-chartered and are regulated by banking agencies of each of those states.
Each of the banking subsidiaries which are not members of the Federal Reserve
System, as federally-insured depository institutions, are also regulated by the
Federal Deposit Insurance Corporation. Elkhart Community Bank and Goshen
Community Bank are members of the Federal Reserve System and, accordingly, are
regulated by the Federal Reserve Board. As a bank holding company, Capitol
Bancorp Ltd. is regulated by the Federal Reserve Board, which also regulates its
nonbanking subsidiaries. Sun Community Bancorp Limited, Nevada Community Bancorp
Limited, Sunrise Capital Corporation and Indiana Community Bancorp Limited are
also regulated by the Federal Reserve Board. In addition to the bank regulatory
agencies, the registrant and its subsidiaries are subject to regulation by other
state and federal agencies.