Vitals
  • Total Assets
    120.7M -8.0 %
  • Total Deposits
    109.2M -4.2 %
  • Total Net Loans
    98.9M -17.3 %
  • Net Income
  • Book Value
    9.0M -14.2 %
  • Book Value x2
    18.0M -14.2 %
  • Book Value x3
    27.0M -14.2 %
ROAA

ROAE

Efficiency Ratio

83.775

Net Interest Margin

2.723

Balance Sheet Highlights
Financial Highlights Grand Haven Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 120,686 222,528
Total Net Loans 98,895 173,963
Total Deposits 109,189 176,870
Total Equity 8,986 21,058
Profitability
Net Income — 1,647
Return on Average Assets — 1.187
Return on Average Equity — 6.967
Net Interest Margin 2.723 3.73
Efficiency Ratio 83.775 80.181
Noninterest Income/Revenue 1.858 38.557
Balance Sheet Ratios
Loan-to-Deposit 90.572 91.969
Securities/Assets .499
Total Equity/Total Assets .074 .095
Tangible Equity/Tangible Assets .074 -.099
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 8,527 19,359
Tier 2 Capital 1,331 2,318
Total Capital 9,858 21,368
Total Risk Weighted Assets 103,203 171,011
Leverage Ratio 7.26 9.601
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 8.26 12.906
Total Capital Ratio 9.55 14.091

Timeline for Grand Haven Bank

Talmer West Bank

Grand Haven Bank was acquired by Talmer West Bank 15 years

View Profile Mar 31 2009

Financial Commerce Corporation

Financial Commerce Corporation became a new parent organization for Grand Haven Bank.

View Profile Jul 01 2008

Grand Haven Bank

Grand Haven Bank was established 28 years ago and is currently headquartered in Grand Haven, MI.

May 01 1995

Capitol Bancorp Ltd.

Capitol Bancorp Ltd. became a new parent organization for Grand Haven Bank.

View Profile May 01 1995
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Talmer West Bank Buyer 793,986 Pooling of Interests Discontinued 3/31/2009
Relationships Role Relationship Start Relationship End
Financial Commerce Corporation Parent 7/1/2008 3/30/2009
Capitol Bancorp Ltd. Parent 12/31/1998 6/30/2008
Capitol Bancorp Ltd. Parent 5/1/1995 12/30/1998
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