Largest Banks and Thrifts in Metro Detroit

Ranked by 2018 assets.
194
Flagstar Bank headquarters
Flagstar Bank in Troy tops the list.

1. FLAGSTAR BANK
5151 Corporate Dr.
Troy 48098
248-312-2000
flagstar.com
Top Local Executive: Alessandro P. DiNello, president/CEO
Assets 2018: $18.5B
Assets 2017: $16.9B
Net Income 2018: $176B
Net Income 2017: $63M*
Total Loans 2018: $13.3B
Total Loans 2017: $12.3B
*Unadjusted number. Net income 2017 adjusted for the Tax Reform and New Jobs Act was $143M.

2. COMERICA BANK
411 W. Lafayette Blvd.
Detroit 48226
313-222-4000
comerica.com
Top Local Executive: Michael T. Ritchie, Michigan market president
Assets 2018 (FY average): $13.2B
Assets 2017 (FY average): $13.4B
Net Income 2018: $326M
Net Income 2017: $247M
Total Loans 2018 (FY average): $12.5B
Total Loans 2017 (FY average): $12.7B
(These figures reflect Comerica’s Michigan banks.)

3. STERLING BANK AND TRUST
One Towne Square, Ste. 1900
Southfield 48076
248-355-2400
sterlingbank.com
Top Local Executive: Gary Judd, CEO
Assets 2018: $3.2B
Assets 2017: $3B
Net Income 2018: $67.9M
Net Income 2017: $41.2M
Total Loans 2018: $2.92B
Total Loans 2017: $2.7B

4. BANK OF ANN ARBOR
125 S. Fifth Ave.
Ann Arbor 48017
734-662-1600
bankofannarbor.com
Top Local Executive: Timothy G. Marshall, president/CEO
Assets 2018: $1.7B
Assets 2017: $1.5B
Net Income 2018: $29.1M
Net Income 2017: $20.1M
Total Loans 2018: $1,290.7M
Total Loans 2017: $1,245.7M

5. CRESTMARK BANK
5480 Corporate Dr., Ste. 350
Troy 48098
248-641-5100
crestmark.com
Top Local Executive: Mick Goik, President
Assets 2018: $1.5B
Assets 2017: $1.2B
Net Income 2018: $26.2M
Net Income 2017: $29.4M
Total Loans 2018: $1.3B
Total Loans 2017: $731M

6. LEVEL ONE BANK
32991 Hamilton Court
Farmington Hills 48334
248-737-0300
levelonebank.com
Top Local Executive: Patrick J. Fehring, chairman/president/CEO
Assets 2018: $1.4B
Assets 2017: $1.3B
Net Income 2018:  $14.4M
Net Income 2017: $9.8M
Total Loans 2018: $1.1B
Total Loans 2017: $1B

7. FIRST STATE BANK
16100 Nine Mile Rd.
Eastpointe 48021
586-775-5000
thefsb.com
Top Local Executive: Gene Lovell, president/CEO
Assets 2018: $712.4M
Assets 2017: $676.9M
Net Income 2018: $7.7M
Net Income 2017: $5.4M
Total Loans 2018: $520M
Total Loans 2017: $445.5M

8. OXFORD BANK
60 S. Washington St.
Oxford 48371
248-628-2533
oxfordbank.com
Top Local Executive: David Lamb, president/CEO
Assets 2018: $457.4M
Assets 2017: $386.3M
Net Income 2018: $3.88M
Net Income 2017: $1.7M
Total Loans 2018: $319.4M
Total Loans 2017: $289M

9. FIRST NATIONAL BANK IN HOWELL
101 East Grand River Ave.
Howell 48843
517-546-3150
fnbh.com
Top Local Executive: Ronald L. Long, CEO
Assets 2018: $412.4M
Assets 2017: $400.6M
Net Income 2018:  $3.2M
Net Income 2017: $259K
Total Loans 2018:  $323.8M
Total Loans 2017: $267.2M

10. ANN ARBOR STATE BANK
125 W. William St.
Ann Arbor 48104
734-761-1475
a2sb.com
Top Local Executive: Peter Schork, president/CEO
Assets 2018: $309.3M
Assets 2017: $292.1M
Net Income 2018: $4.1M
Net Income 2017: $3.3M
Total Loans 2018: $234.2M
Total Loans 2017: $209.9M

11. CHELSEA STATE BANK
1010 South Main St.
Chelsea 48118
734-475-1355
chelseastate.bank
Top Local Executive: John Mann, CEO
Assets 2018: $300.7M
Assets 2017: $285.3M
Net Income 2018: $5.3M
Net Income 2017: $4.6M
Total Loans 2018: $176.6M
Total Loans 2017: $169.9M

12. DEARBORN FEDERAL SAVINGS BANK
22315 Michigan Ave.
Dearborn 48124
313-565-3100
mydfsb.com
Top Local Executive: William R. White, chairman/president
Assets 2018: $266.2M
Assets 2017: $257.1M
Net Income 2018: $1.5M
Net Income 2017: $2.5M
Total Loans 2018: $201.1M
Total Loans 2017: $185.8M

13. FIRST INDEPENDENCE BANK
7310 Woodward Ave., Ste. 101
Detroit 48202
313-256-8400
firstindependence.com
Top Local Executive: Kenneth Kelly, chairman/CEO
Assets 2018: $258.1M
Assets 2017: $286.3M
Net Income 2018: $3M
Net Income 2017: $1.7M
Total Loans 2018: $177M
Total Loans 2017: $172M

14. MAIN STREET BANK
31780 Telegraph Rd.
Bingham Farms 48025
248-645-8888
msbmi.com
Top Local Executive: Jeffrey Kopelman, president/CEO
Assets 2018: $255.2M
Assets 2017: $227.5M
Net Income 2018: $2M
Net Income 2017: $1.1M
Total Loans 2018: $236.7M
Total Loans 2017: $192.4M

15. UNIVERSITY BANK
2015 Washtenaw Ave.
Ann Arbor 48104
734-741-5858
university-bank.com
Top Local Executive: Stephen L. Ranzini, president/CEO
Assets 2018: $246.4M
Assets 2017: $182.9M
Net Income 2018: $2.4M
Net Income 2017: $5.1M
Total Loans 2018: $115.7M
Total Loans 2017: $119.6M

16. CLARKSTON STATE BANK
5800 S. Main St.
Clarkston 48346
248-625-8585
clarkstonstatebank.com
Top Local Executive: J. Grant Smith, president/CEO
Assets 2018: $210.7M
Assets 2017: $192.4M
Net Income 2018: $2.6M
Net Income 2017: $860,000
Total Loans 2018: $192.1M
Total Loans 2017: $148.1M

17. HURON VALLEY STATE BANK
130 Milford Rd.
Milford, 48381
248-684-9626
hvsb.com
Top Local Executive: Jack Shubitowski, president/CEO
Assets 2018: $150.8M
Assets 2017: $140.7M
Net Income 2018: $1.8M
Net Income 2017: $1.2M
Total Loans 2018: $132.1M
Total Loans 2017: $121.9M

Total financial results are listed for banks headquartered in Wayne, Oakland, Macomb, Livingston, and Washtenaw counties. For banks headquartered outside this area, local results only are provided. Many national banks do not release results for individual markets; therefore, major institutions are not included on this list. Total loans also account for leases.

Sources:  Federal Deposit Insurance Corp. and DBusiness

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