Vitals
  • Total Assets
    614.4M 17.2 %
  • Total Deposits
    463.2M 12.4 %
  • Total Net Loans
    512.8M 14.9 %
  • Net Income
    4.5M 7.3 %
  • Book Value
    56.6M 7.4 %
  • Book Value x2
    113.2M 7.4 %
  • Book Value x3
    169.9M 7.4 %
ROAA

.793

ROAE

8.229

Efficiency Ratio

74.144

Net Interest Margin

4

Balance Sheet Highlights
Financial Highlights United Bank Of Michigan All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 614,359 330,697
Total Net Loans 512,751 227,599
Total Deposits 463,220 278,247
Total Equity 56,617 33,935
Profitability
Net Income 4,471 3,589
Return on Average Assets .793 .954
Return on Average Equity 8.229 8.772
Net Interest Margin 4 3.821
Efficiency Ratio 74.144 71.925
Noninterest Income/Revenue 19.606 24.061
Balance Sheet Ratios
Loan-to-Deposit 110.693 76.845
Securities/Assets .006 .16
Total Equity/Total Assets .092 .103
Tangible Equity/Tangible Assets .089 .098
Capital Adequacy
Tier 1 Common Capital 56,617 32,553
Tier 1 Capital 56,617 32,664
Tier 2 Capital 5,474 2,479
Total Capital 62,091 35,133
Total Risk Weighted Assets 538,540 242,208
Leverage Ratio 9.43 10.341
Common Equity Tier 1 Capital Ratio 10.51 15.339
Tier 1 Capital Ratio 10.51 15.393
Total Capital Ratio 11.53 16.423

Timeline for United Bank Of Michigan

United Bank Mortgage Corporation

United Bank Mortgage Corporation became a new subsidiary organization for United Bank Of Michigan.

View Profile Oct 02 2000

A.H. Johnson Agency, Inc. (Dba United Bank Insurance Agency)

A.H. Johnson Agency, Inc. (Dba United Bank Insurance Agency) became a new subsidiary organization for United Bank Of Michigan.

View Profile May 20 1994

United Community Financial Corporation

United Community Financial Corporation became a new parent organization for United Bank Of Michigan.

View Profile Jan 14 1983

Middleville Data Center Inc

Middleville Data Center Inc became a new subsidiary organization for United Bank Of Michigan.

View Profile Jan 14 1983

Farmers State Bank Of Alto

Acquisition: United Bank Of Michigan acquired a new subsidiary, Farmers State Bank Of Alto , 57 years

View Profile May 15 1967

Want to see more?

Complete timeline for United Bank Of Michigan is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Farmers State Bank Of Alto Seller Discontinued 5/15/1967
Relationships Role Relationship Start Relationship End
United Community Financial Corporation Parent 1/14/1983
A.H. Johnson Agency, Inc. (Dba United Bank Insurance Agency) Subsidary 6/30/2007
United Bank Mortgage Corporation Subsidary 6/30/2007 7/1/2016
A.H. Johnson Agency, Inc. (Dba United Bank Insurance Agency) Subsidary 5/20/1994 6/29/2007
United Bank Mortgage Corporation Subsidary 10/2/2000 6/29/2007
Middleville Data Center Inc Subsidary 1/14/1983 10/31/1991
Similar Organizations
Organization City State Total Assets
The Farmers Bank
 		Portland TN 591.1M
First Us Bank
 		Thomasville AL 600.0M
American State Bank & Trust Company Of Williston
 		Williston ND 592.6M
Central Bank Illinois
 		Geneseo IL 574.0M
Venture Bank
 		Bloomington MN 611.8M
Farmers And Merchants Bank
 		Milford NE 596.4M
Bank Of Labor
 		Kansas City KS 572.2M
Mid-Missouri Bank
 		Springfield MO 591.8M
The Union Bank Company
 		Columbus Grove OH 615.2M
The Business Bank Of Saint Louis
 		Clayton MO 584.9M