Company Grand River Commerce, Inc.

GNRV

US3864411091

Banks

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sector Other Banks

Market Closed - OTC Markets Other stock markets 01:19:45 28/06/2024 am IST			5-day change	1st Jan Change
2.66 ^USD	+0.76%		-3.27%	-22.45%

24/05	Grand River Commerce, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
03/05	Grand River Commerce, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Grand River Commerce, Inc. is a holding company. The Company operates through its subsidiary, Grand River Bank (the Bank). The Bank is a full-service commercial bank, serving the communities of Grandville, Grand Rapids and the surrounding areas in Kent and Ottawa counties in Michigan, offering a range of commercial and consumer banking services to businesses, professionals, and residents. The Bankâs primary deposit products are interest and noninterest-bearing checking accounts, savings accounts and time deposits and its primary lending products are real estate mortgages, commercial and consumer loans. The majority of the Bankâs loan portfolio is comprised of commercial real estate and commercial and industrial loans. Grand River Mortgage Company, LLC (GRMC) is a wholly owned subsidiary of the Bank, which is a direct-to-consumer national mortgage lender that has built a digital platform designed to simplify the mortgage experience.

Number of employees: 20

USD in Million	2022	Weight	2023	Weight	Delta
Banking and Related Activities 100.0 %	16	100.0 %	13	100.0 %	-18.10%

USD in Million	2022	Weight	2023	Weight	Delta
United States 100.0 %	16	100.0 %	13	100.0 %	-18.10%

Managers	Title	Age	Since
Robert Bilotti CEO	Chief Executive Officer	59	15/06/15
Kevin VanSingel DFI	Director of Finance/CFO	-	-
Jerry Sytsma BRD	Director/Board Member	53	01/07/01
Jeffrey Elders BRD	Director/Board Member	55	01/07/01

Members of the board	Title	Age	Since
Patrick Gill BRD	Director/Board Member	70	08/12/08
Randall Hartgerink BRD	Director/Board Member	82	26/11/26
Robert Bilotti CEO	Chief Executive Officer	59	15/06/15
Richard Blauw BRD	Director/Board Member	56	-
Jeffrey Elders BRD	Director/Board Member	55	01/07/01
Jerry Sytsma BRD	Director/Board Member	53	01/07/01
Thomas Jeakle BRD	Director/Board Member	72	07/11/07
Margaret Murphy BRD	Director/Board Member	-	-
Randall Ferris BRD	Director/Board Member	-	-
Todd Hartgerink BRD	Director/Board Member	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	7,039,280	7,039,280 ( 100.00 %)	0	100.00 %

Name	Equities	%	Valuation
The Banc Funds Co LLC (Private Equity) 10.02 %	675,014	10.02 %	2 M $
The Banc Funds Co LLC 10.02 %	675,014	10.02 %	2 M $
First Manhattan Co LLC 4.748 %	319,704	4.748 %	919 149 $

Grand River Commerce, Inc.

4471 Wilson Avenue South West

49418, Grandville

http://www.grandriverbank.com

address Grand River Commerce, Inc.(GNRV)

Financials

Banking & Investment Services

Banking Services

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