Vitals
  • Total Assets
    40.2M -17.1 %
  • Total Deposits
    32.7M -21.1 %
  • Total Net Loans
    13.2M 12.9 %
  • Net Income
    -149000.0000 -1,962.5 %
  • Book Value
    7.4M 6.5 %
  • Book Value x2
    14.8M 6.5 %
  • Book Value x3
    22.2M 6.5 %
ROAA

-.731

ROAE

-4.08

Efficiency Ratio

123.539

Net Interest Margin

2.426

Balance Sheet Highlights
Financial Highlights West Michigan Bank & Trust All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 40,160 317,863
Total Net Loans 13,197 217,036
Total Deposits 32,687 266,962
Total Equity 7,389 34,432
Profitability
Net Income -149 1,673
Return on Average Assets -.731 .86
Return on Average Equity -4.08 7.976
Net Interest Margin 2.426 3.8
Efficiency Ratio 123.539 72.703
Noninterest Income/Revenue 21.554 23.571
Balance Sheet Ratios
Loan-to-Deposit 40.374 77.128
Securities/Assets .443 .172
Total Equity/Total Assets .184 .108
Tangible Equity/Tangible Assets .184 .104
Capital Adequacy
Tier 1 Common Capital 7,287 32,288
Tier 1 Capital 7,287 32,390
Tier 2 Capital 170 2,503
Total Capital 7,457 34,880
Total Risk Weighted Assets 16,532 233,152
Leverage Ratio 17.88 10.528
Common Equity Tier 1 Capital Ratio 44.08 15.842
Tier 1 Capital Ratio 44.08 15.896
Total Capital Ratio 45.11 16.962

Timeline for West Michigan Bank & Trust

West Shore Bank

West Michigan Bank & Trust was acquired by West Shore Bank 7 years

View Profile Aug 13 2016

West Michigan Bank & Trust

West Michigan Bank & Trust was established 41 years ago and is currently headquartered in Frankfort, MI.

May 02 1983
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
West Shore Bank Buyer 429,085 Acquisition Discontinued 8/13/2016
Relationships Role Relationship Start Relationship End
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