Corporate Profile for First Michigan Bank Corp., dated March 29, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex and many others. -0- Published date: March 29, 1996 Company name: First Michigan Bank Corporation
Address: One Financial Plaza
Holland, MI 49423
Telephone No.: 616/355-9200 Chief Executive Officer: David M. Ondersma Chief Financial Officer: Larry D. Fredricks Investor Relations Contact: Larry D. Fredricks Business number: 616/355-9389 Home number: 616/363-5364 Public Relations Contact: Sharron J. Reynolds Business number: 616/355-9263 Home number: 616/878-0920 Trading symbol: FMBC (NASDAQ) Industry: Financial Services/Banking Company description: First Michigan Bank Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FMBC FMBC Florida Marching Band Coalition FMBC Full Moon Bus Club (forum) FMBC Fringe Benefits Management Company (Tallahassee, Florida) FMBC Faith Mission Bible College ) is a $3.1 billion diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services company with 14 community bank affiliates and more than 85 banking locations throughout Michigan. Although the core of FMB's business will always be the loans and deposits associated with traditional banking, the affiliate banks also offer trust services, mutual funds, annuities and access to discount brokerage services. FMB's target customers are the individual consumer and small- to medium-sized businesses. FMB FMB abbr. Federal Maritime Board FMB (US) n abbr (= Federal Maritime Board) → Dachausschuss der Handelsmarine has posted 14 consecutive years of record earnings. Net income for 1995 was $35,910,000, or $1.95 per share of common stock. The investment banking firm of Keefe, Bruyette, and Woods includes FMB on its seven-member "Honor Roll" of banking companies with consistent earnings growth. The company's stock price per share reached $29 1/2 in the fourth quarter of 1995, after beginning the year at 22 3/8. FMB has declared a 5% stock dividend every year since 1973. FMB's superior performance is due in large part to its community banking philosophy, which combines the best attributes of a small community bank, including local decision-making and personal service, with the multiple products and operating efficiencies of a large bank. FMB maintains a high quality loan portfolio with no industry concentrations. Media contact: Sharron J. Reynolds, 616/355-9263 CONTACT: First Michigan Bank Corp. |
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