This institution is no longer active

Operations ceased on January 31, 2013. CRA examination history below reflects the period it was active.

FIRSTBANK - WEST MICHIGAN

IONIA, MI · Supervised by FDIC

Est. 1934FDIC #14,471RSSD: FDIC-14471

Part ofFIRSTBANK CORP→ View all charters

Satisfactory

Current rating · Exam: August 2008

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.39%

Institution Profile

FDIC BankFind

Address

302 West Main Street, IONIA, MI

County

Ionia County

Established

June 15, 1934

Total Assets

$207M(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

August 1, 2008

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 17 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 Q4 2012Call Report / FDIC

Total Assets

$207M

Total Deposits

$170M

Net Loans

$114M

Net Income

$791K

ROA

0.39%

ROE

2.47%

Risk-Based Capital

12.83%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

Embed this rating

Copy this snippet to embed a live rating badge on your website:

<iframe
  src="https://bankscorer.com/widget/bank/62a084be-2837-4a04-8f14-18e3f04aa7f5"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: