Vitals
  • Total Assets
    248.9M 0.2 %
  • Total Deposits
    203.5M 0.7 %
  • Total Net Loans
    180.8M -2.4 %
  • Net Income
    2.2M 87.6 %
  • Book Value
    21.5M 1.6 %
  • Book Value x2
    42.9M 1.6 %
  • Book Value x3
    64.4M 1.6 %
ROAA

.886

ROAE

10.353

Efficiency Ratio

56.816

Net Interest Margin

4.687

Balance Sheet Highlights
Financial Highlights Firstbank - West Branch All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 248,949 262,409
Total Net Loans 180,811 169,519
Total Deposits 203,529 223,172
Total Equity 21,473 26,323
Profitability
Net Income 2,217 2,432
Return on Average Assets .886 .863
Return on Average Equity 10.353 8.339
Net Interest Margin 4.687 4.014
Efficiency Ratio 56.816 71.723
Noninterest Income/Revenue 11.862 20.528
Balance Sheet Ratios
Loan-to-Deposit 88.838 73.84
Securities/Assets .15 .172
Total Equity/Total Assets .086 .1
Tangible Equity/Tangible Assets .082 .097
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 20,945 24,406
Tier 2 Capital 2,069 2,216
Total Capital 23,014 26,609
Total Risk Weighted Assets 163,795 177,408
Leverage Ratio 8.55 10.056
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.79 15.671
Total Capital Ratio 14.05 16.901

Timeline for Firstbank - West Branch

Firstbank

Firstbank - West Branch was acquired by Firstbank 11 years

View Profile Feb 01 2013

1St Investors Title Agency, Llc

1St Investors Title Agency, Llc became a new subsidiary organization for Firstbank - West Branch.

View Profile Nov 01 2009

Firstbank - West Branch Mortgage Company

Firstbank - West Branch Mortgage Company became a new subsidiary organization for Firstbank - West Branch.

View Profile Jun 01 2001

1St Real Estate, Inc.

Acquisition: Firstbank - West Branch acquired a new subsidiary, 1St Real Estate, Inc. , 23 years

View Profile Jan 20 2001

C.A. Hanes Realty, Inc.

C.A. Hanes Realty, Inc. became a new subsidiary organization for Firstbank - West Branch.

View Profile Jan 20 2001

Want to see more?

Complete timeline for Firstbank - West Branch is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Firstbank Buyer 1,247,618 Pooling of Interests Discontinued 2/1/2013
1St Real Estate, Inc. Seller Pooling of Interests Discontinued 1/20/2001
Relationships Role Relationship Start Relationship End
Firstbank Corporation Parent 9/18/1987 1/31/2013
Comerica Incorporated Parent 9/14/1982 9/17/1987
First Bank Corporation Parent 12/23/1980 9/13/1982
Firstbank - West Branch Mortgage Company Subsidary 6/30/2007 1/31/2013
1St Investors Title Agency, Llc Subsidary 11/1/2009 1/31/2013
1St Armored, Inc. Subsidary 6/30/2007 3/31/2010
1St Title, Inc. Subsidary 6/30/2007 10/31/2009
C.A. Hanes Realty, Inc. Subsidary 1/20/2001 9/30/2007
1St Armored, Inc. Subsidary 2/23/1995 6/29/2007
1St Title, Inc. Subsidary 3/1/2000 6/29/2007
Firstbank - West Branch Mortgage Company Subsidary 6/1/2001 6/29/2007
1St Collections, Inc. Subsidary 7/1/1999 12/31/2001
Michigan Bankers Title Of Northern Michigan, Llc Subsidary 1/22/1998 8/31/2001
1St Real Estate, Inc. Subsidary 11/1/2000 1/19/2001
Similar Organizations
Organization City State Total Assets
Merchants & Planters' Bank
 		Newport AR 250.4M
Citizens State Bank
 		Sealy TX 246.8M
The Union Bank
 		Marksville LA 251.2M
Affinity Bank
 		Atlanta GA 251.9M
First State Bank
 		Scottsbluff NE 244.7M
Byron Bank
 		Byron IL 244.5M
Community Bank Of Parkersburg
 		Parkersburg WV 244.4M
The Shelby County State Bank
 		Harlan IA 253.6M
The Peoples State Bank
 		Ellettsville IN 243.8M
Homestead Bank
 		Cozad NE 243.6M