Firstbank - Alma

Firstbank - Alma is headquartered in Alma and is the 27^th largest bank in the state of Michigan. It is also the 1,721^st largest bank in the nation. It was established in 1880 and as of March of 2012, it had grown to 84 employees at 12 locations. Firstbank - Alma has a 4-star health rating.

Firstbank - Alma Routing Number: 072403211

Data for Q1 2012

Institution Statistics Firstbank - Alma FDIC Certificate # 9108 BankRate Report View Year Established 1880 Employees 84 Primary Regulator FDIC Assets and Liabilities Assets $387.06 million Loans $196.87 million Deposits $312.69 million Equity Capital $32.56 million Loan Loss Allowance $5.18 million Unbacked Noncurrent Loans $4.55 million Real Estate Owned $149,000 Historic Data - March 2011 Assets $266.95 million Equity Capital $21.56 million Loan Loss Allowance $2.54 million Unbacked Noncurrent Loans $2.09 million Profit Margin - Quarterly Net Interest Margin 3.59% Return on Assets 0.77% Return on Equity 8.92% Interest Income $3.56 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Firstbank - Alma had $4.7 million in non-current loans and owned real-estate with $37.73 million in equity and loan loss allowances on hand to cover it. This gives Firstbank - Alma a Texas Ratio of 12.45% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Firstbank - Alma held steady from 8.66% as of March 31, 2011 to 12.45% as of March 31, 2012, resulting in a negative change of 43.69%. This indicates that the balance sheet and financial strength for Firstbank - Alma has held steady in recent periods. Deposit Growth In the past year, Firstbank - Alma has increased its total deposits by $94.76 million, resulting in 43.48% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Firstbank - Alma has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Firstbank - Alma has $387.06 million in assets with $37.73 million in equity, resulting in a capitalization level of 9.75%, which is average.

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