Founders Bank & Trust, Financial Information

About Founders Bank & Trust

 Address:
5200 Cascade Road, S.E.
Grand Rapids, MI
Kent County, Michigan
 Established:
Dec 1991
 Number of domestic offices:
4
Total assets$452M
Net income$7M
Net income, quarterly$1M
Total deposits$374M
Domestic deposits$374M
Equity capital$44M
ROA1.48%
ROAQ, quarterly1.28%
ROA, pretax1.28%
ROAQ, quarterly, pretax1.65%
ROE15.49%
ROEQ, quarterly13.01%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.