www.choiceone.com
Michigan
Kent
Sparta
(SM) Commercial bank, state charter & Fed member
active
1014
1898
FDIC Certificate Number: 1014
FDIC's unique number: 672
The FDIC Field Office where an institution is physically located: Grand Rapids
Federal Reserve ID Number: 324340
Report Date: 2011-06-30
Bank Charter Class: SM
Number of Domestic Offices: 14
Number of Foreign Offices: 0
The date of the last data update: 2007-01-23
1898-01-01 Institution established. Original name: Sparta State Bank.
1987-04-07 Reorganized.
1996-05-13 Changed name to Choiceone Bank .
2006-12-07 Acquired Valley Ridge Bank in Kent City, Michigan.
Total assets: $479,175,000
Total deposits: $389,797,000
Deposits held in domestic offices: $389,797,000
Equity capital: $55,656,000
Net income: $1,642,000
Return on Assets: 0.68
Return on Equity: 6.01
Last updated on: 2011-10-20
Bank Holding Company: Choiceone Financial Services, Inc.
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Profile ID: LFUS-BAB-P-22927