Vitals
  • Total Assets
    113.7M -9.0 %
  • Total Deposits
    86.6M -6.7 %
  • Total Net Loans
    90.8M -13.5 %
  • Net Income
    193000.0000 -66.5 %
  • Book Value
    8.8M -19.2 %
  • Book Value x2
    17.6M -19.2 %
  • Book Value x3
    26.3M -19.2 %
ROAA

.661

ROAE

8.446

Efficiency Ratio

74.885

Net Interest Margin

3.648

Balance Sheet Highlights
Financial Highlights Firstbank - Lakeview All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 113,700 223,423
Total Net Loans 90,813 179,487
Total Deposits 86,626 177,325
Total Equity 8,775 22,685
Profitability
Net Income 193 726
Return on Average Assets .661 1.284
Return on Average Equity 8.446 8.354
Net Interest Margin 3.648 3.744
Efficiency Ratio 74.885 76.097
Noninterest Income/Revenue 13.378 11.258
Balance Sheet Ratios
Loan-to-Deposit 104.833 93.118
Securities/Assets .046 .484
Total Equity/Total Assets .077 .102
Tangible Equity/Tangible Assets .071 -.515
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 8,212 20,584
Tier 2 Capital 798 2,381
Total Capital 9,010 22,584
Total Risk Weighted Assets 85,334 171,699
Leverage Ratio 7.06 10.056
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.62 13.716
Total Capital Ratio 10.56 14.881

Timeline for Firstbank - Lakeview

Firstbank

Firstbank - Lakeview was acquired by Firstbank 16 years

View Profile May 16 2008

Firstbank - Lakeview Mortgage Company

Firstbank - Lakeview Mortgage Company became a new subsidiary organization for Firstbank - Lakeview.

View Profile Jun 01 2001

Michigan Bankers Title Of Northern Michigan, Llc

Michigan Bankers Title Of Northern Michigan, Llc became a new subsidiary organization for Firstbank - Lakeview.

View Profile Jan 22 1998

Firstbank Corporation

Firstbank Corporation became a new parent organization for Firstbank - Lakeview.

View Profile Aug 09 1997

Lakeview Financial Corporation

Lakeview Financial Corporation became a new parent organization for Firstbank - Lakeview.

View Profile Dec 31 1986

Want to see more?

Complete timeline for Firstbank - Lakeview is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Firstbank Buyer 1,247,618 Pooling of Interests Discontinued 5/16/2008
Relationships Role Relationship Start Relationship End
Firstbank Corporation Parent 8/9/1997 5/15/2008
Lakeview Financial Corporation Parent 12/31/1986 8/8/1997
Firstbank - Lakeview Mortgage Company Subsidary 6/30/2007 5/15/2008
Firstbank - Lakeview Mortgage Company Subsidary 6/1/2001 6/29/2007
Michigan Bankers Title Of Northern Michigan, Llc Subsidary 1/22/1998 8/31/2001
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