C
Northpointe Bank
Rating Date
April 2025
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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 (4.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Good (5.3) profitability.
Other Rating Factors: Excellent current capitalization (7.1 on a scale of 0 to 10) based on a risk-based capital ratio of 11.9 and a capital leverage ratio of 9.1. A current level of 9.9 percent of nonperforming loans to core capital combined with 6.0 percent from a year earlier contributes to the Good asset quality (5.5).
Asset Mix: Home mtgs (38%), home eq lns (14%), cash (7%), securities (0%), comm loans (0%), other (41%)
States with Branches: MI
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Group Affiliation
Northpointe Bancshares, Inc.
Investment Rating
Address
3333 Deposit Drive NE
Grand Rapids, MI 49546
Phone Number
(616) 940-9400
Year Founded
1999
FDIC Number
Largest Affiliates
No affiliate information available.