PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

West Michigan Community Bank

Hudsonville, MI · Cert 22308 · Northstar Financial Group Inc.

State charter, Fed member · FED · 2 affiliate banks · 8 branches (27 in holding)

Q2 2026

$1.2BAssets
$1.0BLoans
$1.1BDeposits
$106.1MEquity
Loan mix
80%RE $807.1M19%C&I $193.6M0%Consumer $4.9MQ2 2025Q2 2026
Deposit mix
79%Interest-bearing $848.1M21%Noninterest $225.7MQ2 2025Q2 2026

NIM

5.68%Q2 ’245.65%Q2 ’255.64%Q2 ’26+5%-1%

Non-interest income vs. expense

2.11%Q2 ’242.18%Q2 ’252.08%Q2 ’26+2%-5%

Market Position · Grand Rapids-Wyoming-Kentwood, MI · 2026 SOD (annual) · 3.1% share · #8 of 28 inst. · $1.1B of $34.4B

14.5% Ottawa
0.7% Kent

Executive Summary

  • Earnings: ROA of 1.46%, up 43 bps year over year; NIM at 3.56%.
  • Asset quality: problem loans at 1.40% of loans (+79 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.22%, down 31 bps from a year ago.
  • Funding: loans stand at 97.27% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.46%+43 bps YoY

Net Interest Margin (YTD, annualized)

3.56%-3 bps YoY

Efficiency Ratio (YTD, annualized)

51.71%-187 bps YoY

Tier 1 Leverage Ratio

9.22%-31 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.03%1.16%1.21%1.37%1.46%+43 bps
Return on Equity11.72%13.12%13.86%16.28%17.04%+532 bps
Net Interest Margin3.59%3.59%3.48%3.57%3.56%-3 bps
Efficiency Ratio53.58%52.89%52.07%51.40%51.71%-187 bps
Non-Interest Burden1.70%1.68%1.59%1.61%1.62%-8 bps
Growth
Asset Growth (YoY)6.64%7.54%13.12%12.46%13.49%+685 bps
Loan Growth (YoY)6.53%8.13%13.02%13.05%12.67%+614 bps
Deposit Growth (YoY)7.43%9.08%11.64%13.83%15.49%+806 bps
Asset Quality
Nonperforming Loans / Loans0.61%0.80%0.31%1.43%1.40%+79 bps
Net Charge-Offs / Loans0.57%0.36%0.28%0.00%0.00%-57 bps
Allowance / Loans1.29%1.30%1.34%1.38%1.39%+10 bps
Allowance Coverage of NPLs2.1x1.6x4.3x1.0x1.0x-1.1x
Capital
Tier 1 Leverage Ratio9.52%9.68%8.89%8.98%9.22%-31 bps
Total Risk-Based Capital9.52%9.68%8.89%8.98%9.22%-31 bps
Equity / Assets8.97%9.00%8.26%8.61%8.75%-22 bps
Liquidity & Funding
Loans / Deposits99.70%101.10%97.53%99.11%97.27%-243 bps
Liquid Assets / Assets0.80%1.03%2.20%0.83%1.16%+36 bps
CRE / Total Capitaln/a552%605%585%n/an/a