West Michigan Community Bank
Major Rating Factors:
A current level of 4.9 percent of nonperforming loans to core capital combined with 8.1 percent from a year earlier contributes to the Fair asset quality (4.8). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.8 on a scale of 0 to 10) and a capital leverage ratio of 9.5. Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.0 has resulted in Good (5.5) profitability.
Asset Mix:
Comm re (40%), comm loans (15%), home mtgs (11%), securities (8%), cash (2%), home eq lns (2%), consumer loans (1%), other (22%)
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
Northstar Financial Group, Inc.
Investment Rating
--
Address
5367 School Avenue
Hudsonville, MI 49426
Hudsonville, MI 49426
Phone Number
(616) 669-1280
Year Founded
1976
FDIC Number
Website
Largest Affiliates
No affiliate information available.