Vitals
  • Total Assets
    1.1B 21.9 %
  • Total Deposits
    929.2M 17.6 %
  • Total Net Loans
    952.2M 26.0 %
  • Net Income
    11.9M -6.7 %
  • Book Value
    109.2M 14.6 %
  • Book Value x2
    218.5M 14.6 %
  • Book Value x3
    327.7M 14.6 %
ROAA

1.141

ROAE

11.562

Efficiency Ratio

59.577

Net Interest Margin

4.834

Balance Sheet Highlights
Financial Highlights Level One Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 1,125,890 330,697
Total Net Loans 952,164 227,599
Total Deposits 929,190 278,247
Total Equity 109,235 33,935
Profitability
Net Income 11,935 3,589
Return on Average Assets 1.141 .954
Return on Average Equity 11.562 8.772
Net Interest Margin 4.834 3.821
Efficiency Ratio 59.577 71.925
Noninterest Income/Revenue 9.35 24.061
Balance Sheet Ratios
Loan-to-Deposit 102.473 76.845
Securities/Assets .089 .16
Total Equity/Total Assets .097 .103
Tangible Equity/Tangible Assets .088 .098
Capital Adequacy
Tier 1 Common Capital 100,579 32,553
Tier 1 Capital 100,579 32,664
Tier 2 Capital 11,100 2,479
Total Capital 111,679 35,133
Total Risk Weighted Assets 1,006,810 242,208
Leverage Ratio 9.11 10.341
Common Equity Tier 1 Capital Ratio 9.99 15.339
Tier 1 Capital Ratio 9.99 15.393
Total Capital Ratio 11.09 16.423

Timeline for Level One Bank

Bank Of Michigan

Acquisition: Level One Bank acquired a new subsidiary, Bank Of Michigan, 8 years

View Profile Mar 01 2016

Lotus Bank

Acquisition: Level One Bank acquired a new subsidiary, Lotus Bank, 9 years

View Profile Mar 01 2015

Paramount Bank

Acquisition: Level One Bank acquired a new subsidiary, Paramount Bank, 13 years

View Profile Dec 11 2010

Michigan Heritage Bank

Acquisition: Level One Bank acquired a new subsidiary, Michigan Heritage Bank, 15 years

View Profile Apr 25 2009

Level One Bank

Level One Bank was established 16 years ago and is currently headquartered in Farmington Hills, MI.

Oct 05 2007

Want to see more?

Complete timeline for Level One Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Bank Of Michigan Seller 110,938 Acquisition Discontinued 3/1/2016
Lotus Bank Seller 107,515 Acquisition Discontinued 3/1/2015
Paramount Bank Seller 252,744 Failure 12/11/2010
Michigan Heritage Bank Seller 167,710 Failure 4/25/2009
Relationships Role Relationship Start Relationship End
Level One Bancorp, Inc. Parent 10/5/2007
Similar Organizations
Organization City State Total Assets
First Choice Bank
 		Lawrenceville NJ 1.1B
Sovereign Bank
 		Dallas TX 1.1B
American Momentum Bank
 		College Station TX 1.1B
The Bank Of Commerce
 		Ammon ID 1.1B
Business First Bank
 		Baton Rouge LA 1.1B
Peoples Bank
 		Newton NC 1.1B
Unity Bank
 		Clinton NJ 1.2B
Redding Bank Of Commerce
 		Redding CA 1.1B
Metropolitan Bank
 		Crystal Springs MS 1.1B
Wayne Bank
 		Honesdale PA 1.1B