United Bank of Michigan
Major Rating Factors:
Excellent current capitalization (9.4 on a scale of 0 to 10) and a capital leverage ratio of 10.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.7 percent of nonperforming loans to core capital combined with 1.3 percent from a year earlier contributes to the Excellent asset quality (7.5). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.3 has resulted in Good (5.9) profitability.
Asset Mix:
Comm re (47%), home mtgs (16%), securities (7%), cash (5%), home eq lns (2%), comm loans (2%), consumer loans (0%), other (20%)
States with Branches:
MI
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
United Bank Financial Corporation
Investment Rating
--
Address
900 East Paris Avenue, SE
Grand Rapids, MI 49546
Grand Rapids, MI 49546
Phone Number
(616) 559-7000
Year Founded
1903
FDIC Number
Website
Largest Affiliates
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