Tom Henderson
- Now that Farmington Hills-based Level One Bancorp Inc. has become a billion-dollar bank, it is time to consider an initial public offering, says President and CEO Patrick Fehring.A deal Level One announced in October to buy Farmington Hills-based Bank of Michigan was scheduled to close on Monday, and would push Level One past the $1 billion threshold.Level One was one of a handful of community banks that launched in 2007, all of them with aspirations of going public sooner rather than later as
Tom Henderson
- Now that Farmington Hills-based Level One Bancorp Inc. has become a billion-dollar bank, it is time to consider an initial public offering, says President and CEO Patrick Fehring.A deal Level One announced in October to buy Farmington Hills-based Bank of Michigan was scheduled to close on Monday, and would push Level One past the $1 billion threshold.Level One was one of a handful of community banks that launched in 2007, all of them with aspirations of going public sooner rather than later as