Independent Bank

Details Independent Bank Independent Bank

www.independentbank.com

Michigan

Ionia

Ionia

(SM) Commercial bank, state charter & Fed member

active

27811

1890

FDIC Certificate Number: 27811
FDIC's unique number: 40645
The FDIC Field Office where an institution is physically located: Grand Rapids

Federal Reserve ID Number: 636771
Report Date: 2011-06-30

Bank Charter Class: SM

Number of Domestic Offices: 110
Number of Foreign Offices: 0
The date of the last data update: 2010-10-20

1890-01-01 Institution established. Original name: Mutual Savings And Loan Association.
1985-06-30 Changed name to Mutual Savings And Loan Association, FA .
1986-01-31 Acquired Peoples Savings And Loan Association Of Battle Creek in Battle Creek, Michigan.
1990-05-01 Changed name to Mutual Savings Bank, F.S.B. .
1990-05-01 Changed organization type to Stock Savings Bank.
1990-06-01 Changed name to Mutual Savings Bank, F.s.b .
1991-08-01 Changed name to Mutual Savings Bank, F.S.B. .
1999-09-15 Reorganized.
1999-09-15 Changed name to Independent Bank Msb .
1999-09-15 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
1999-09-15 Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
2001-09-14 Acquired Independent Bank in Ionia, Michigan.
2001-09-14 Changed name to Independent Bank .
2004-07-01 Acquired First National Bank Of Gaylord in Gaylord, Michigan.
2004-09-08 Changed trust powers from Full Trust Powers Granted to Trust Powers Terminated.
2007-09-15 Acquired Independent Bank East Michigan in Troy, Michigan.
2007-09-15 Acquired Independent Bank - South Michigan in East Lansing, Michigan.
2007-09-15 Acquired Independent Bank-west Michigan in Grand Rapids, Michigan.
2007-09-15 Moved bank headquarters from Bay City, Michigan to Ionia, Michigan.
2007-09-15 Changed primary regulatory agency from Federal Deposit Insurance Corporation to Federal Reserve Board.
2007-09-15 Changed institution class to Insured Commercial Banks, State, Members Frs.

Total assets: $2,318,396,000
Total deposits: $2,076,227,000
Deposits held in domestic offices: $2,076,227,000
Equity capital: $164,111,000

Net income: $-6,561,000

Return on Assets: -0.54
Return on Equity: -7.91
Last updated on: 2011-10-20

Bank Holding Company: Independent Bank Corporation

Affiliated with

Also associated with

No associations

Rating

Independent Bank does not yet have a rating. At this time, there are no reviews or comments for this bank.

If you have personal experience with Independent Bank, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Independent Bank will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-BAB-P-3519