BanksFIRST STATE BANK OF MICHIGAN

FIRST STATE BANK OF MICHIGAN

DECATUR, MIMicroEst. Jan. 1, 1870, midnightFDIC #12893RSSD #654047FED
Latest · 2025-12-31

FIRST STATE BANK OF MICHIGAN is an FDIC-insured commercial bank headquartered in DECATUR, MI, established in Jan. 1, 1870, midnight. As of 2025-12-31, the bank reported total assets of $81M and total deposits of $65M. Profitability stands at -1.56% ROA and -7.27% ROE, with a net interest margin of 4.19%. CET1 capital ratio: 15.45%, well above regulatory minimums. NPL ratio: 0.53% · Texas Ratio: 1.46%. Operates 1 domestic branch.

Assets
$81M
Deposits
$65M
Loans
$44M
Equity
$16M

Profitability

Return on Assets (ROA)-1.56%
Return on Equity (ROE)-7.27%
Net Interest Margin4.19%
Yield on Assets5.65%
Cost of Funds1.73%

Asset Quality

NPL Ratio0.53%
Net Charge-Off Ratio0.03%
Texas Ratio1.46%
NPA Ratio0.29%
ACL / Loans1.23%

Capital & Liquidity

CET1 Ratio15.45%
Tier 1 Capital15.45%
Total Capital Ratio16.22%
Leverage Ratio18.30%
Loan-to-Deposit67.80%

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