Type: Public
On the web: http://www.bankatbyron.com

O.A.K. Financial is A-OK. The holding company owns Byron Bank, which serves western Michigan through about a dozen branches. Standard consumer banking services offered include checking and savings accounts, mortgages, and credit cards. Commercial real estate loans comprise nearly 60% of the bank's lending portfolio; residential mortgages and business loans account for about 20% each. Subsidiaries of the bank include Byron Investment Services and Byron Insurance (formerly OAK Financial Services and Dornbush Insurance Agency, respectively).

Key numbers for fiscal year ending December, 2007:
Sales: $54.4M
One year growth: 14.3%
Net income: $6.7M
Income growth: (4.1%)

Officers:
President, CEO, and Director; President and CEO, Byron Bank: Patrick K. (Pat) Gill
EVP, COO, and CFO, O.A.K. Financial and Byron Bank: James A. Luyk
SVP, Retail Sales: Don Bratt

Competitors:
Fifth Third
Huntington Bancshares
National City