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This institution is no longer active

Operations ceased on May 16, 2008. CRA examination history below reflects the period it was active.

FIRSTBANK - LAKEVIEW

LAKEVIEW, MI · Supervised by FDIC

Est. 1904FDIC #13,874RSSD: FDIC-13874
Part ofFIRSTBANK CORP→ View all charters
Satisfactory

Current rating · Exam: April 2004

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.66%

Institution Profile

FDIC BankFind

Address

506 South Lincoln Avenue, LAKEVIEW, MI

County

Montcalm County

Established

January 1, 1904

Total Assets

$114M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

April 1, 2004

Exam Type

Small Bank

Regulator

FDIC
⚠️This exam is 22 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 2008Call Report / FDIC

Total Assets

$114M

Total Deposits

$87M

Net Loans

$91M

Net Income

$193K

ROA

0.66%

ROE

8.45%

Risk-Based Capital

10.56%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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