First Community Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

In 1905, the Bank opened for business under the name of Emmet County State Bank. The Bank became a member of the Federal Deposit Insurance Corporation in 1933 and a member of the Federal Reserve System in 1937. In 1975, the Bank changed its name to Harbor Springs State Bank. In 1993, as the result of expansion into the adjoining community of Petoskey, the name was again changed to First Community Bank.

In 2000, First Community Bank expanded to the community of Cheboygan and in 2006 expanded to the community of Traverse City. Most recently, in 2012, First Community Bank established an office in downtown Grand Rapids following a merger with Select Bank.

First Community Bank - Cheboygan
201 North Main Street
Cheboygan, MI 49721
Telephone: 231-627-7700
Fax: 231-627-7200

First Community Bank - Grand Rapids
60 Monroe Center NW
Grand Rapids, MI 49503
Toll Free: 800-830-9627
Telephone: 616-454-8447
Fax: 616-454-8678

First Community Bank - Harbor Springs
200 East Main Street
Harbor Springs, MI 49740
Telephone: 231-526-2114
Fax: 231-526-9575

Lake Street Drive-Up Office
115 East Lake Street
Harbor Springs, MI 49740
Telephone: 231-526-2747

Pleasantview Drive-Up Office
8201 Pleasantview Road
Harbor Springs, MI 49740
Telephone: 231-347-5521

First Community Bank - Petoskey
330 East Mitchell Street
Petoskey, MI 49770
Telephone: 231-348-1800
Fax: 231-348-5560 First Community Bank - Traverse City
102 East Front Street
Traverse City, MI 49684
Telephone: 231-946-2400
Fax: 231-946-3984