Founders Bank & Trust
Grand Rapids, MI — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Efficiency Ratio Over Time
| Efficiency Ratio | Founders Bank & Trust | All Insured Commercial Banks in Michigan |
| 12-31-2014 | 67.892 | 75.309 |
| 09-30-2014 | 66.732 | 75.334 |
| 06-30-2014 | 67.401 | 75.605 |
| 03-31-2014 | 68.58 | 76.846 |
| 12-31-2013 | 62.818 | 74.841 |
| 09-30-2013 | 60.64 | 73.806 |
| 06-30-2013 | 60.263 | 73.811 |
| 03-31-2013 | 59.987 | 73.988 |
| 12-31-2012 | 56.85 | 71.723 |
| 09-30-2012 | 55.123 | 71.614 |
| 06-30-2012 | 57.946 | 71.839 |
| 03-31-2012 | 58.561 | 72.697 |
| 12-31-2011 | 61.221 | 73.486 |
| 09-30-2011 | 61.744 | 73.637 |
| 06-30-2011 | 63.837 | 74.221 |
| 03-31-2011 | 67.826 | 75.166 |
| 12-31-2010 | 62.222 | 74.379 |
| 09-30-2010 | 60.627 | 74.86 |
| 06-30-2010 | 60.392 | 75.739 |
| 03-31-2010 | 61.589 | 76.883 |
| 12-31-2009 | 68.618 | 82.058 |
| 09-30-2009 | 70.272 | 81.121 |
| 06-30-2009 | 72.4 | 82.109 |
| 03-31-2009 | 71.627 | 80.184 |
| 12-31-2008 | 69.68 | 80.181 |
| 09-30-2008 | 68.404 | 75.465 |
| 06-30-2008 | 69.665 | 75.619 |
| 03-31-2008 | 70.973 | 76.097 |
| 12-31-2007 | 69.129 | 72.221 |
| 09-30-2007 | 69.512 | 70.635 |
| 06-30-2007 | 69.036 | 69.92 |
| 03-31-2007 | 71.692 | 70.315 |
| 12-31-2006 | 61.976 | 66.877 |
| 09-30-2006 | 62.649 | 65.716 |
| 06-30-2006 | 62.935 | 66.171 |
| 03-31-2006 | 65.424 | 66.982 |
| 12-31-2005 | 61.756 | 64.078 |
| 09-30-2005 | 61.459 | 64.016 |
| 06-30-2005 | 61.051 | 63.808 |
| 03-31-2005 | 61.67 | 64.541 |
| 12-31-2004 | 60.878 | 64.329 |
| 09-30-2004 | 61.286 | 64.747 |
| 06-30-2004 | 62.788 | 65.538 |
| 03-31-2004 | 62.188 | 66.274 |
| 12-31-2003 | 61.428 | 63.66 |
| 09-30-2003 | 61.092 | 62.955 |
| 06-30-2003 | 62.3 | 63.034 |
| 03-31-2003 | 63.585 | 63.233 |
| 12-31-2002 | 63.126 | 62.526 |