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Lotus Bancorp, Inc.
44350 W 12 Mile Rd
Phone: (248) 735-1000p:248 735-1000 NOVI, MI  48377-2500  United States
This company ceased filing statements with the SEC on 3/5/2010.
Business Summary
Lotus Bancorp, Inc. is a bank holding company for Lotus Bank (The Bank). The Company operates as a full-service community bank. The Company grants mortgage, commercial and consumer loans to customers. Its banking service offerings include small business checking account, professional checking account, commercial checking account, negotiable order of withdrawal (NOW) checking account, savings account, money market accounts, personal savings and checking accounts, a variety of certificates of deposits, and small business administration loans. The banking service offerings also include business loans such as lines of credit, term loans, commercial real estate and construction loans, mortgage loans, construction loans, personal loans, online banking facility, cash management options, remote deposits, wire transfer service, business credit cards and merchant services program.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/200912/31/2008YesYes---

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Director Satish B.Jasti 53 1/1/2006
Chief Financial Officer, Chief Operating Officer, Executive Vice President Richard E.Bauer 53
Executive Vice President Christer D.Lucander 55
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
LOTUS BANK 44350 WEST 12 MILE ROAD NOVI MI US

Business Names
Business Name
Lotus Bancorp, Inc.
Lotus Bank

General Information
Outstanding Shares: 1,389,965 (As of 11/13/2009)
Shareholders: 220
Federal Tax Id: 202377468


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Saturday, July 22, 2023