West Michigan Community Bank

West Michigan Community Bank is headquartered in Hudsonville and is the 87^th largest bank in the state of Michigan. It is also the 4,337^th largest bank in the nation. It was established in 1976 and as of March of 2012, it had grown to 62 employees at 6 locations. West Michigan Community Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics West Michigan Community Bank FDIC Certificate # 22308 BankRate Report View Year Established 1976 Employees 62 Primary Regulator FDIC Assets and Liabilities Assets $125.88 million Loans $92.47 million Deposits $109.96 million Equity Capital $14.43 million Loan Loss Allowance $1.11 million Unbacked Noncurrent Loans $805,000 Historic Data - March 2011 Assets $121.54 million Equity Capital $15.25 million Unbacked Noncurrent Loans $28,000 Profit Margin - Quarterly Net Interest Margin 4.56% Return on Assets -0.73% Return on Equity -6.12% Interest Income $1.44 million

Institution Health Overall Score: 5 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 West Michigan Community Bank had $805,000 in non-current loans and owned real-estate with $15.54 million in equity and loan loss allowances on hand to cover it. This gives West Michigan Community Bank a Texas Ratio of 5.18% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for West Michigan Community Bank held steady from 0.18% as of March 31, 2011 to 5.18% as of March 31, 2012, resulting in a negative change of 2,720.42%. This indicates that the balance sheet and financial strength for West Michigan Community Bank has held steady in recent periods. Deposit Growth In the past year, West Michigan Community Bank has increased its total deposits by $5.22 million, resulting in 4.98% 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 West Michigan Community Bank has shown is above average. 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. West Michigan Community Bank has $125.88 million in assets with $15.54 million in equity, resulting in a capitalization level of 12.34%, which is excellent.