1st State Bank
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Data as of · sourced from FFIEC call reports. How we update
1st State Bank is an FDIC-insured commercial bank headquartered in Saginaw, MI, established in 2004 (FDIC certificate 57626), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $490.1M, up 4.7% from Q2 2025, the 35th largest of 72 banks headquartered in Michigan. Its CET1 capital ratio was 14.97% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 57626
- Headquarters
- Saginaw, MI
- Established
- 2004
- Total assets, Q2 2026
- $490.1M
- Assets vs Q2 2025
- +4.7%
- CET1 ratio, Q2 2026
- 14.97%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 072414158
- Latest call report
- Q2 2026, FFIEC 051 · 1st State Bank call report
- Holding company
- 1ST STATE FINANCIAL, LTD.
- Asset rank in state
- 35th of 72 in Michigan
Little in 1st State Bank's latest call report stands out. Its balance sheet stood at $490 million at June 30, 2026, up 4.7% from a year earlier; it is based in Saginaw, Michigan. On most measures it sits near the middle of the 2,660 banks with $100 million to $1 billion in assets.
Deposits are coming in faster than loans: over the year loans rose 1.2% and deposits rose 9.6%. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 0.29% of loans, down from 0.40% a year earlier.
As of June 30, 2026, 1st State Bank reported a CET1 capital ratio of 14.97%, a return on assets of 1.33%, a nonperforming-loan ratio of 0.35% and a Texas ratio of 2.09%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, 1st State Bank is the 35th largest of the 72 banks headquartered in Michigan. Between Q1 2026 and Q2 2026, its total assets rose 1.2% to $490.1M, loans rose 2.1% and deposits rose 0.9%. Its loan book on June 30, 2026 was led by commercial and industrial loans, at 33.2% of total loans, followed by owner-occupied commercial real estate loans at 29.6%. Its 5 offices in the FDIC Summary of Deposits are in Saginaw, MI, Bay City, MI and Midland, MI; its Saginaw 2 offices book 73% of its branch deposits. By the capital ratios in its Q2 2026 call report, 1st State Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 4800 Fashion Square Blvd, Saginaw, MI 48604
- County
- Saginaw
- Metro Area
- Saginaw, MI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- April 12, 2004
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 75
- Domestic deposits
- $428.8M
- Allowance for credit losses
- $5.2M
- Net charge-offs (YTD)
- $359K
- Average total assets
- $487.5M
- Average total loans
- $321.0M
- Average interest-bearing deposits
- $264.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- April 12, 2004
- FDIC Cert
- 57626
- Fed RSSD
- 3223305
- Website
- www.1ststate.bank →
- Parent Holding Company
- 1ST STATE FINANCIAL, LTD. (RSSD 3223293)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, 1st State Bank's total assets ran between $449.2M (Q1 2025) and $490.1M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$490.1M total assets against $468.2M; $431.4M total liabilities against $415.9M.
$318.3M net loans and leases against $314.2M; $428.8M total deposits against $391.3M.
$61.5M securities against $76.8M; $80.4M cash and balances due against $47.8M.
$6.5M total interest income against $6.0M; $1.7M total interest expense against $1.4M.
$4.8M net interest income against $4.6M.
$491K total noninterest income against $430K; $3.3M total noninterest expense against $3.0M.
$0 provision for credit losses against $100K.
$1.6M net income against $1.5M.
1.33% return on assets against 1.32%; 4.22% net interest margin against 4.22%.
14.97% CET1 capital ratio against 13.92%; 12.27% tier 1 leverage ratio against 11.57%.
Inside the full 1st State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, free1st State Bank rankings
Its closest position to the top of a national ranking is 897 of 2,134, for CET1 ratio; its furthest is 2,228 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.14% (Q1 2025) to 1.55% (Q4 2025) and its net interest margin ran from 3.80% (Q3 2024) to 4.33% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.97% | 1.33% | 0.35% | 2.09% | 4.22% |
| Q1 2026 | 14.78% | 1.35% | 0.65% | 2.22% | 4.18% |
| Q4 2025 | 14.68% | 1.55% | 0.66% | 2.30% | 4.33% |
| Q3 2025 | 14.63% | 1.46% | 0.60% | 2.02% | 4.31% |
| Q2 2025 | 13.92% | 1.32% | 0.63% | 2.22% | 4.22% |
| Q1 2025 | 13.55% | 1.14% | 0.98% | 3.88% | 3.99% |
| Q4 2024 | 14.29% | 1.30% | 0.86% | 3.63% | 3.92% |
| Q3 2024 | 13.98% | 1.26% | 0.89% | 3.79% | 3.80% |
Swipe the table sideways to see every column.
Branch Network
View all 5 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| 1st State Bank (main office) | Saginaw , MI | 48604 | $261.4M |
| State Street Branch | Saginaw , MI | 48603 | $51.7M |
| Bay City Branch | Bay City , MI | 48708 | $46.7M |
| Midland Branch | Midland , MI | 48640 | $42.4M |
| Wilder Road Bay City Branch | Bay City , MI | 48706 | $26.5M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in MI, rank 49 of 95 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 14 loans, $6.7M approved, $479K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about 1st State Bank
What are 1st State Bank's total assets?
As of the Q2 2026 filing, 1st State Bank reported total assets of $490.1 million in its FFIEC call report.
Where is 1st State Bank headquartered?
It is headquartered in Saginaw, MI, United States.
When was 1st State Bank founded?
It was established in 2004, per the FDIC institution directory.
Is 1st State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #57626). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates 1st State Bank?
1st State Bank's primary federal regulator is the FDIC.
What is 1st State Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.97% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does 1st State Bank operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is 1st State Bank's Texas Ratio?
Its Texas Ratio is 2.09% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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