 Spectrum equals character values in a commutative Banach algebra

For a commutative complex unital Banach algebra, a character of an algebra annihilates $a-\varphi (a)1$, so this element cannot be invertible. Conversely a noninvertible $a-\lambda 1$ generates a proper ideal, which lies in a maximal ideal. The corresponding character then has value $\lambda$ at $a$. Thus the Gelfand transform determines every element's spectrum even when the algebra is not semisimple.