🏦Bank Scorer

This institution is no longer active

Operations ceased on January 1, 1995. CRA examination history below reflects the period it was active.

OLD KENT BANK OF GRAND HAVEN

GRAND HAVEN, MI · Supervised by FDIC

Est. 1851FDIC #991RSSD: FDIC-991
Part ofOLD KENT FINANCIAL CORP→ View all charters
Outstanding Same

Current rating · Exam: June 1993

At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Financial Health

Strong

ROA 1.73%

Is this bank safe?

OLD KENT BANK OF GRAND HAVEN earned an Outstanding CRA rating (1993), is financially strong (ROA +1.73%). Overall, this bank appears financially sound.

Institution Profile

FDIC BankFind

Address

223 Washington Street, GRAND HAVEN, MI

County

Ottawa County

Established

September 1, 1851

Total Assets

$402M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

June 1, 1993

Exam Type

Not Reported

Regulator

FDIC
⚠️This exam is 33 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q4 1994Call Report / FDIC

Total Assets

$402M

Total Deposits

$325M

Net Loans

$332M

Net Income

$6M

ROA

1.73%

Above avg for Small banks. Peer avg: 0.44%

ROE

25.22%

Risk-Based Capital

10.63%

Below avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA1.73%Peer avg: 0.44%▲ Above avg
Risk-Based Capital10.63%Peer avg: 23.03%▼ Below avg

Unlock peer list → See which specific banks are in this peer group.

Rating History

CRA / FFIEC
Exam DateRatingExam Type
Jun 1993OutstandingNot Reported
Aug 1990OutstandingNot Reported

Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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