# BANK OF HOLLAND
HOLLAND, MI · FDIC certificate 34862 · asset band $300M-1B · latest filing 2015-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 7 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $871.0M | |
| Deposits | $622.9M | |
| Loans and leases | $693.8M | |
| Total equity | $150.9M | |
| Loans / deposits | 111.39% (p96 of band) | 82.48% |
| Liquid assets / assets | 5.24% (p1 of band) | |
| Uninsured deposits / deposits | 39.19% (p91 of band) | 19.89% |
| Brokered deposits | 19.34% | |
| Wholesale funding | 28.86% (p97 of band) | |
| FHLB advances / assets | 5.66% | |
| Tier 1 leverage | 9.80% (p42 of band) | 10.12% |
| Unrealized securities loss / equity | 0.04% (p18 of band) | 1.17% |
| AOCI / equity | 0.02% (p48 of band) | |
| ROA (annualized) | 0.59% (p23 of band) | 0.92% |
| Net interest margin | 1.67% (p1 of band) | 3.59% |
| Efficiency ratio | 43.57% (p4 of band) | |
| Noncurrent loans | 0.03% (p6 of band) | 0.75% |
| Net charge-offs (annualized) | -0.01% (p19 of band) | |
| Reserve coverage of noncurrent | 0.00% | |
| Real estate % of loans | 62% | |
| Construction % of loans | 44.49% (p59 of band) | |
| Auto loans | $149,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -7.3% | |
| Employees | 44 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, brokered >10%, wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  | loans exceed deposits, reserve under noncurrent |
| 2011-09 | 3 | capital falling |  |
| 2011-12 | 3 | reserve under noncurrent | capital falling |
| 2012-03 | 2 |  | reserve under noncurrent |
| 2012-06 | 3 | loans exceed deposits |  |
| 2012-09 | 2 |  | loans exceed deposits |
| 2012-12 | 2 |  |  |
| 2013-03 | 3 | capital falling |  |
| 2013-06 | 2 |  | capital falling |
| 2013-09 | 2 |  |  |
| 2013-12 | 3 | capital falling |  |
| 2014-03 | 2 |  | capital falling |
| 2014-06 | 2 |  |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 3 | loans exceed deposits |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 6 | liquid assets <10%, NIM <2.5%, reserve under noncurrent |  |
| 2015-09 | 7 | deposits shrinking |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2015-01-07 [Bank of Holland merges with Chemical Financial Corp. - The Holland Sentinel](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNRC03SEhtb2xZcm9fMmhTSjJLcjJFU2F6ejRyeU9pMXdjMDZOLVZHUTRwMFNVSU8zVE9wQ1lqYlVPZ1BYMGFpTkNzRW9INlNRT3ZXcGMtMGFFWFJ1bTU5OFEyRG5tdWdYZFNNU1NFM3NHOW5pQUJQbWVWNXdxMk5ZNzVuNUpoRXBFQkRSMkt5R3lPSjl0bkdzSGVpTjlHaFpHSzEtNjFJUFZpZw?oc=5) · The Holland Sentinel
- 2020-08-04 [West Michigan Community Bank continues Grand Rapids-area expansion - Crain's Grand Rapids](https://news.google.com/rss/articles/CBMivwFBVV95cUxOUTM1S2x4WFVnUGMycktrMjRsNzMwTXU5RV92LXJyMDZRWldiVEVFWUFSZEZyRU43U3FnMmFBVHdLSmZVSV9PelBObnVUVHdqVEFoYmVHOU1QeS1sbnN4OE9qY2ZHSDR2eDNsMkpZR3FfVjdIZXZmcWRhbVdXV0MyaXgtekVYeWNhVjVvVHRCdm84VXQzeVdiZjNXQktSM1VpMzVheXN1SUd0OUNfdjhXUlQ4b2RrNlIyLXFQc2R5cw?oc=5) · Crain's Grand Rapids
- 2015-01-07 [Bank of Northern Michigan to be part of merger - Petoskey News-Review](https://news.google.com/rss/articles/CBMisAFBVV95cUxPVGR5SXN4TzJfY0ZsWlFPN3BvRVV1ZXRmR0ZmUldIQVc0WnVCVGdGYjVQOVRibEdscUs3ZjRnSUhJZXJBX2tJN3dGMlVkVnZMT0V4NjJDSGhkcmRvVmtsNEx6UWszb2RkSDNBTFRYcnFRVTRHSzExdDh4cnMtdDFmTHd1V21QS0V3Y2RyRzFaMDlRYl8wMkk2akxlYnprUDF2WGVBeDRYWnQ1aTZaNkNXeA?oc=5) · Petoskey News-Review
- 2019-12-04 [John Vander Velde named Chief Information Officer at Superior National Bank - The Mining Gazette](https://news.google.com/rss/articles/CBMizAFBVV95cUxQdVR3cFhKUFNtZ2tpMmdMM2pGWHd0MWJFUFdfbVpDWHlCcFF1aUlzOUlpMXFsYjJUb0ZUM1dQandESkt4dWxReTJPT2g0ZXZTVXZlR1VOZUpJTWRSR0plNW5RbDlkdzFHMVVDdHpPb1JCUmg3cmx1V2ZiZGtyVXhtdEprRmlwa1NwUEJhM2pkNy1MdVk0bFpWei0teGlCR2t3ak9ubDBGWmdWQmhLS3UtRkkzcUdObUNrQkJVcHI3RkpwRWJNRFVCOWhPMnU?oc=5) · The Mining Gazette
- 2013-02-11 [Grow Michigan, LLC Opens for Business - CBS News](https://news.google.com/rss/articles/CBMif0FVX3lxTE5fUVlxMXpGUWdtcnhCTTRXemRvRlR3VzViaXN0YlBYRU1ST0xVQUJMZmRvc1hYcFJrQkdMU1Q1cm5XOGhvUmdwai1PdHhZcExscVpqa0pVbWpmYjlONzFDYkhtZEVYQTNuTmFEZmxjRnVFRmhpb2k1dnRjRkh5WXc?oc=5) · CBS News
- 2008-10-29 [Bank of Holland built on customer relationships - The Holland Sentinel](https://news.google.com/rss/articles/CBMingFBVV95cUxOSkJvTnVXYmN1Tmdia3ZSNGpBcnJjZWRjMnJVT3dwTUFvX1JQa0N1UzJac3Q0enp4UDRFQ1lYX0N5eEc4M3ZPblM2dEtobTlYYkxOWFdnQVBVV2N3MzhfVmMzbDd5aEtvR0RHUHVkNURvZDItRUF0MS1iYkFJLUJweGpDYXZEX01HSGNmMHJhSDFZaGlOcW1VZUVsTXR6QQ?oc=5) · The Holland Sentinel
- 2015-01-06 [Banks in Holland and Northern Michigan acquired by Chemical Financial Corp. for $184.1 million - MLive.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxORC1KMC1tVFhLOXNmT0hsR25vZDNlc0F5ZkJObFdQeVhNVUk0Z1l1S25UWFRwQmdOem4wWGwyWEtyTWtCQ2dfR21TOTB4dnhFUTF5TjFXQnFncWhvT3pHb1ZZMnZVZXNNdkF0Tm9yNTF1M3FLN0JrVy1CM1lkb3dXQ1VaVjJhaVJwd1J5RlFLODA?oc=5) · MLive.com
- 2010-10-12 [Bank of Holland founder Rich Lievense named Small Business Person of Year - The Holland Sentinel](https://news.google.com/rss/articles/CBMiowFBVV95cUxQTTNkMGZ4NmYzaE5BUUQ3TlJfc014M0Y1RW1jbUVvOTBITmJJaU5CbjkzRExBNnY0NndKQ2drY2RiaHhnVHc4TXNReFM0cEIzY0I4NER0ZkI4SUZYSWk5dUM3dFdUbFF2bFh4aXJ5NExVNi05TmRaV3FtN0VoU1hhQjZUM2UtUmJDQVlUb2ZrRFBpa01KUGpiUnVfVXk3X2ZMYUpn?oc=5) · The Holland Sentinel

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34862 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/46.json (key "34862", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide