Vitals
  • Total Assets
    395.5M 15.0 %
  • Total Deposits
    348.8M 16.7 %
  • Total Net Loans
    302.0M 23.6 %
  • Net Income
    2.0M -33.4 %
  • Book Value
    39.3M 4.8 %
  • Book Value x2
    78.7M 4.8 %
  • Book Value x3
    118.0M 4.8 %
ROAA

.559

ROAE

5.237

Efficiency Ratio

75.501

Net Interest Margin

3.664

Balance Sheet Highlights
Financial Highlights West Michigan Community Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 395,528 330,697
Total Net Loans 302,043 227,599
Total Deposits 348,775 278,247
Total Equity 39,332 33,935
Profitability
Net Income 2,018 3,589
Return on Average Assets .559 .954
Return on Average Equity 5.237 8.772
Net Interest Margin 3.664 3.821
Efficiency Ratio 75.501 71.925
Noninterest Income/Revenue 17.128 24.061
Balance Sheet Ratios
Loan-to-Deposit 86.601 76.845
Securities/Assets .086 .16
Total Equity/Total Assets .099 .103
Tangible Equity/Tangible Assets .099 .098
Capital Adequacy
Tier 1 Common Capital 39,528 32,553
Tier 1 Capital 39,528 32,664
Tier 2 Capital 4,100 2,479
Total Capital 43,628 35,133
Total Risk Weighted Assets 327,879 242,208
Leverage Ratio 10.16 10.341
Common Equity Tier 1 Capital Ratio 12.06 15.339
Tier 1 Capital Ratio 12.06 15.393
Total Capital Ratio 13.31 16.423

Timeline for West Michigan Community Bank

Fentura Financial, Inc.

Fentura Financial, Inc. became a new parent organization for West Michigan Community Bank.

View Profile Mar 15 2004

West Mi Mortgage, Llc

West Mi Mortgage, Llc became a new subsidiary organization for West Michigan Community Bank.

View Profile Jan 01 2002

Community Insurance Services, Inc.

Community Insurance Services, Inc. became a new subsidiary organization for West Michigan Community Bank.

View Profile Jul 01 1998

West Michigan Financial Corporation

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

View Profile May 31 1989

West Michigan Community Bank

West Michigan Community Bank was established 47 years ago and is currently headquartered in Hudsonville, MI.

Jul 21 1976
Relationships Role Relationship Start Relationship End
Fentura Financial, Inc. Parent 3/15/2004 1/31/2011
West Michigan Financial Corporation Parent 5/31/1989 3/14/2004
West Mi Mortgage, Llc Subsidary 1/1/2002 1/31/2011
Community Insurance Services, Inc. Subsidary 6/30/2007 1/31/2011
Community Insurance Services, Inc. Subsidary 7/1/1998 6/29/2007
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