Bank Michigan, Financial Information

AboutBank Michigan

 Address:
417 South Main Street
Brooklyn,MI
Jackson County,Michigan
 Established:
Oct 1907
 Number of domestic offices:
3
Total assets$118M
Net income$0M
Net income,quarterly$0M
Total deposits$101M
Domestic deposits$101M
Equity capital$10M
ROA-0.15%
ROAQ,quarterly1.52%
ROA,pretax1.52%
ROAQ,quarterly,pretax2.01%
ROE-1.77%
ROEQ,quarterly18.58%
UpdatedMay 20, 2021

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.

OSB Community Bank originated in 1907 in Onsted, MI and have evolved from a one town, one location Bank to four locations, with Founding Lenawee County office in Onsted and three locations in Jackson County: Brooklyn, Clarklake & downtown Jackson, servicing customers primarily in these market areas.

OSB Community Bank is a safe, secure, and stable financial institution focused on doing what is best for the customers and communities. Depending on what you’re looking for the bank provides products to help you manage your day-to-day cash needs, offer short term liquidity or long term yield, or a secure stable return, along with a friendly environment to ensure peace of mind.

With Online Banking, you can view your account balances and detailed transaction history, transfer money between accounts, save time and money paying bills online. Mobile Banking via web browser or downloaded application on your smart phone helps you manage your deposit and loan accounts without having to be at a computer or in a branch.

Quick & Simple Payments provides your customers the ability to make one-time payments directly from their deposit account to your business deposit account through a secure online service that is located on the banks site and/or through a link on your site.

Main Office 417 S. Main St. P.O. Box 738 Brooklyn, MI 49230 800-466-2990 Clarklake Office 3101 Jefferson Rd. P.O. Box 68 Clarklake, Michigan 49234 517-529-4656 Founding Office 112 S. Main Street P.O. Box 188 Onsted, Michigan 49265 517-467-4712 Jackson Lending Office 119 W. Louis Glick Hwy. Jackson, Michigan 49201 517-592-1078