United Bank of Michigan
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.1 has resulted in Good (5.3) profitability.
Other Rating Factors:
Excellent current capitalization (8.5 on a scale of 0 to 10) and a capital leverage ratio of 10.0. A current level of 1.0 percent of nonperforming loans to core capital combined with 2.0 percent from a year earlier contributes to the Excellent asset quality (7.5).
Asset Mix:
Comm re (46%), home mtgs (16%), cash (8%), securities (8%), comm loans (2%), home eq lns (2%), consumer loans (0%), other (17%)
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
No affiliate information available.