Wolverine Bank, Federal Savings Bank

Wolverine Bank, Federal Savings Bank is headquartered in Midland and is the 38^th largest bank in the state of Michigan. It is also the 2,238^th largest bank in the nation. It was established in 1933 and as of March of 2012, it had grown to 64 employees at 4 locations. Wolverine Bank, Federal Savings Bank has a 3-star health rating.

Data for Q1 2012

Institution Statistics Wolverine Bank, Federal Savings Bank OTS # 02620 FDIC Certificate # 28918 BankRate Report View Year Established 1933 Employees 64 Primary Regulator OCC Assets and Liabilities Assets $291.93 million Loans $241.89 million Deposits $171.98 million Equity Capital $53.81 million Loan Loss Allowance $6.26 million Unbacked Noncurrent Loans $10.20 million Real Estate Owned $1.19 million Historic Data - March 2011 Assets $313.31 million Equity Capital $52.01 million Loan Loss Allowance $6.50 million Unbacked Noncurrent Loans $6.07 million Real Estate Owned $2.80 million Profit Margin - Quarterly Net Interest Margin 3.81% Return on Assets 0.56% Return on Equity 3.07% Interest Income $3.66 million

Institution Health Overall Score: 3 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 Wolverine Bank, Federal Savings Bank had $11.39 million in non-current loans and owned real-estate with $60.07 million in equity and loan loss allowances on hand to cover it. This gives Wolverine Bank, Federal Savings Bank a Texas Ratio of 18.96% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Wolverine Bank, Federal Savings Bank held steady from 15.17% as of March 31, 2011 to 18.96% as of March 31, 2012, resulting in a negative change of 25.00%. This indicates that the balance sheet and financial strength for Wolverine Bank, Federal Savings Bank has held steady in recent periods. Deposit Growth In the past year, Wolverine Bank, Federal Savings Bank has decreased its total deposits by -$14.01 million, resulting in -7.53% 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 Wolverine Bank, Federal Savings Bank has shown is poor. 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. Wolverine Bank, Federal Savings Bank has $291.93 million in assets with $60.07 million in equity, resulting in a capitalization level of 20.58%, which is excellent.

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