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West Michigan Community Bank, Financial Information

AboutWest Michigan Community Bank

 Address:
3467 Kelly Street
Hudsonville,MI
Ottawa County,Michigan
 Established:
Jul 1976
 Number of domestic offices:
9
Total assets$755M
Net income$9M
Net income,quarterly$3M
Total deposits$650M
Domestic deposits$650M
Equity capital$65M
ROA1.36%
ROAQ,quarterly1.5%
ROA,pretax1.5%
ROAQ,quarterly,pretax1.88%
ROE14.38%
ROEQ,quarterly16.43%
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.

Historical Data