Independent Bank - South Michigan

Status:Inactive as of 09/15/2007
 Absorption - Without Assistance
Successor Bank:Independent Bank
Headquarters:Independent Bank - South Michigan
2900 West Road, Suite 100
East Lansing, MI 48823
Established:12/31/1886
FDIC Insurance:02/24/1934
FDIC Cert:#13930
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$539,806,000
Total Deposits:$486,973,000

History

1886-12-31Institution established: Original name:The Peoples Bank of Leslie
1985-07-22Acquired Independent Bank - South Michigan (8182) in OLIVET, MI
1985-07-22Changed name to Independent Bank - South Michigan
1989-12-05Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2006-06-19Moved bank headquarters from LESLIE, MI to EAST LANSING, MI
2007-09-15Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2007-09-15Acquired Independent Bank - South Michigan in EAST LANSING, MI
2007-09-15Moved bank headquarters from EAST LANSING, MI to IONIA, MI
2007-09-15Acquired Independent Bank East Michigan (12732) in TROY, MI
2007-09-15Merged into and subsequently operated as part of Independent Bank (27811) in IONIA, MI
2007-09-15Acquired Independent Bank-West Michigan (22094) in GRAND RAPIDS, MI
2015-04-20Moved bank headquarters from IONIA, MI to GRAND RAPIDS, MI
2018-04-01Acquired Traverse City State Bank (35350) in TRAVERSE CITY, MI

Financial Information (2007-06-30 and Older)