Vitals
  • Total Assets
    914.3M 2.9 %
  • Total Deposits
    675.0M 2.6 %
  • Total Net Loans
    720.9M 7.6 %
  • Net Income
    11.8M 10.8 %
  • Book Value
    132.4M 4.5 %
  • Book Value x2
    264.8M 4.5 %
  • Book Value x3
    397.2M 4.5 %
ROAA

1.316

ROAE

9.103

Efficiency Ratio

53.741

Net Interest Margin

4.26

Balance Sheet Highlights
Financial Highlights Chemical Bank West All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 914,347 240,060
Total Net Loans 720,939 189,164
Total Deposits 674,981 193,092
Total Equity 132,404 24,484
Profitability
Net Income 11,786 16,546
Return on Average Assets 1.316 1.327
Return on Average Equity 9.103 11.505
Net Interest Margin 4.26 4.306
Efficiency Ratio 53.741 64.078
Noninterest Income/Revenue 14.121 12.81
Balance Sheet Ratios
Loan-to-Deposit 106.809 92.247
Securities/Assets .086 .792
Total Equity/Total Assets .145 .102
Tangible Equity/Tangible Assets .095 -.49
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 88,553 22,600
Tier 2 Capital 8,317 2,381
Total Capital 96,870 24,732
Total Risk Weighted Assets 664,651 182,243
Leverage Ratio 10.28 10.205
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.32 13.859
Total Capital Ratio 14.57 15.027

Timeline for Chemical Bank West

Chemical Bank

Chemical Bank West was acquired by Chemical Bank 18 years

View Profile Jan 01 2006

State Bank Of Caledonia

Acquisition: Chemical Bank West acquired a new subsidiary, State Bank Of Caledonia, 19 years

View Profile Jun 28 2004

Chemical West Loan Management Corporation

Chemical West Loan Management Corporation became a new subsidiary organization for Chemical Bank West.

View Profile Jan 01 2003

Chemical West Loan Services, Llc

Chemical West Loan Services, Llc became a new subsidiary organization for Chemical Bank West.

View Profile Jan 01 2003

Sunrise Mortgage Corporation

Sunrise Mortgage Corporation became a new subsidiary organization for Chemical Bank West.

View Profile Sep 17 2001

Want to see more?

Complete timeline for Chemical Bank West is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Chemical Bank Buyer 9,717,567 Pooling of Interests Discontinued 1/1/2006
State Bank Of Caledonia Seller 238,502 Pooling of Interests Discontinued 6/28/2004
Bank West Seller 279,943 Acquisition Discontinued 9/15/2001
Chemical Bank North Seller 83,882 Pooling of Interests Discontinued 1/1/2001
Chemical Bank Montcalm Seller 133,599 Pooling of Interests Discontinued 1/1/2001
Chemical Bank Central Seller 119,905 Pooling of Interests Discontinued 1/1/2001
Chemical Bank Lake City Seller 51,605 Discontinued 12/16/1985
Relationships Role Relationship Start Relationship End
Chemical Financial Corporation Parent 12/16/1985 12/31/2005
Chemical West Loan Management Corporation Subsidary 1/1/2003 12/31/2005
Chemical West Loan Services, Llc Subsidary 1/1/2003 12/31/2005
Sunrise Mortgage Corporation Subsidary 9/17/2001 9/30/2005
Bw Investment, L.L.C. Subsidary 9/17/2001 9/30/2005
West Shore Computer Services, Inc. Subsidary 6/20/1987 5/27/1994
West Shore Computer Services, Inc. Subsidary 12/16/1985 12/4/1986
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