Level One Bancorp Inc: directors' dealings · United States · SEC (Form 4)

About Level One Bancorp Inc

Level One Bancorp Inc. (ticker LEVL) was a U.S. bank holding company formerly listed on the NASDAQ market in the United States; it was acquired in 2022 by First Merchants Corporation, so the name now matters mainly from a historical equity-research and SEC-reporting perspective, including Form 4 insider transaction archives. Before the acquisition, Level One Bancorp served as the holding company for Level One Bank, a Michigan-based commercial and consumer bank headquartered in Farmington Hills. The franchise focused on relationship banking for households, small and mid-sized businesses, and professional clients in its regional footprint. Its core business model was straightforward and typical of a community/regional bank: gathering deposits, originating loans, financing real estate, supporting commercial borrowers, and providing day-to-day banking services to retail and business customers. Founded in 2007, the company expanded through a mix of organic growth and acquisitions in Michigan. That history gave it a strong local identity and positioned it as a niche regional bank rather than a national platform. The headquarters in Farmington Hills, in the Detroit metropolitan area, underscored its Midwest roots and its focus on local markets where underwriting discipline and customer relationships can be key differentiators. Historically, Level One offered a broad suite of banking products and services, including checking and savings accounts, mortgage lending, commercial lending, treasury/cash-management solutions, and other retail and business banking services. The bank’s branch presence was concentrated in southeastern and western Michigan, giving it a localized distribution model and a fairly compact operating footprint. From a competitive standpoint, Level One operated in the crowded U.S. regional banking segment, competing against both large national banks and numerous community banks. Its appeal historically came from service quality, local decision-making, and the ability to serve commercial and real-estate borrowers with more flexibility than larger institutions. For investors, that profile typically implies a balance between growth, credit discipline, and margin sensitivity to rates. The most important recent corporate development is the completion of its merger with First Merchants in April 2022, which ended Level One’s life as an independent publicly traded company. As a result, LEVL today is best understood as a legacy NASDAQ-listed U.S. financial institution whose remaining relevance lies in historical analysis, regional banking comparables, and SEC Form 4 insider-trading records rather than ongoing standalone operations.