Baybank
BankRegReports is independent of Baybank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Baybank is an FDIC-insured commercial bank headquartered in Gladstone, MI, established in 1912 (FDIC certificate 1092), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $173.4M, up 5.0% from Q2 2025, the 58th largest of 72 banks headquartered in Michigan. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.71% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 1092
- Headquarters
- Gladstone, MI
- Established
- 1912
- Total assets, Q2 2026
- $173.4M
- Assets vs Q2 2025
- +5.0%
- Tier 1 leverage ratio, Q2 2026
- 10.71%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 091102894
- Holding company
- BAYBANK CORPORATION
- Asset rank in state
- 58th of 72 in Michigan
Problem loans are rising at Baybank. It reported $173 million in assets at June 30, 2026, up 5.0% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.02% of loans from 1.12% a year earlier. It carries problem assets equal to 14.3% of the capital and reserves that would absorb them, 5.4 times the median of 2.6% for the 2,660 banks with $100 million to $1 billion in assets. On the other hand, it keeps 4.83 cents of net interest income on every dollar of earning assets, higher than about three-quarters of banks its size (median 3.95 cents).
The commercial and industrial book ($24 million) is worsening: 8.84% of it is past due or on nonaccrual, up from 6.20% a year earlier. Loans are outrunning deposits: over the year loans rose 7.1% and deposits rose 0.4%. One more trend to watch: net income for the quarter slipped 19% from a year earlier, to $453,000.
As of June 30, 2026, Baybank reported a return on assets of 1.04%, a nonperforming-loan ratio of 2.02% and a Texas ratio of 14.28%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Baybank is the 58th largest of the 72 banks headquartered in Michigan. From Q1 2026 to Q2 2026, its total assets fell 1.0% to $173.4M, loans rose 3.3% and deposits fell 1.2%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 38.1% of total loans, ahead of owner-occupied commercial real estate loans at 17.8%. The FDIC Summary of Deposits lists 3 offices for it, in Gladstone, MI, Escanaba, MI and Rapid River, MI; its Gladstone office books 57% of its branch deposits. By the capital ratios in its Q2 2026 call report, Baybank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 104 S 10th St, Gladstone, MI 49837
- County
- Delta
- Metro Area
- Escanaba, 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 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- July 1, 1912
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 37
- Domestic deposits
- $145.8M
- Allowance for credit losses
- $2.0M
- Net charge-offs (YTD)
- $39K
- Average total assets
- $174.0M
- Average total loans
- $134.3M
- Average interest-bearing deposits
- $127.8M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1092
- Fed RSSD
- 242958
- Website
- http://baybank.us →
- Parent Holding Company
- BAYBANK CORPORATION (RSSD 2533070)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, Baybank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Baybank's total assets ran between $151.1M (Q3 2023) and $175.1M (Q1 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
$173.4M total assets against $165.1M; $156.0M total liabilities against $149.8M.
$134.8M net loans and leases against $125.9M; $145.8M total deposits against $145.2M.
$23.7M securities against $25.2M; $7.1M cash and balances due against $6.0M.
$2.7M total interest income against $2.5M; $732K total interest expense against $801K.
$2.0M net interest income against $1.7M.
$193K total noninterest income against $187K; $1.5M total noninterest expense against $1.2M.
$60K provision for credit losses against $30K.
$453K net income against $562K.
1.04% return on assets against 1.35%; 4.83% net interest margin against 4.45%.
10.71% tier 1 leverage ratio against 10.13%.
Inside the full Baybank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeBaybank rankings
Its closest position to the top of a national ranking is 338 of 3,640, for Texas Ratio; its furthest is 2,779 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.04% (Q2 2026) to 1.55% (Q3 2025) and its net interest margin ran from 4.09% (Q1 2025) to 4.83% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.71% | 1.04% | 2.02% | 14.28% | 4.83% |
| Q1 2026 | 10.77% | 1.42% | 1.58% | 10.91% | 4.66% |
| Q4 2025 | 10.62% | 1.52% | 1.54% | 10.68% | 4.76% |
| Q3 2025 | 10.37% | 1.55% | 0.85% | 6.96% | 4.74% |
| Q2 2025 | 10.13% | 1.35% | 1.12% | 11.67% | 4.45% |
| Q1 2025 | 9.98% | 1.22% | 0.99% | 10.79% | 4.09% |
| Q4 2024 | 9.92% | 1.23% | 1.33% | 13.76% | 4.27% |
| Q3 2024 | 9.92% | 1.20% | 1.94% | 16.12% | 4.29% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 |
|---|---|---|---|
| Baybank (main office) | Gladstone , MI | 49837 | $83.4M |
| The Lincoln Branch | Escanaba , MI | 49829 | $35.1M |
| Rapid River Branch | Rapid River , MI | 49878 | $27.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MI, rank 74 of 95 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $1.8M approved, $875K 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
Add this badge to your website
Free to use. It shows Baybank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Baybank
What are Baybank's total assets?
As of the Q2 2026 filing, Baybank reported total assets of $173.4 million in its FFIEC call report.
Where is Baybank headquartered?
It is headquartered in Gladstone, MI, United States.
When was Baybank founded?
It was established in 1912, per the FDIC institution directory.
Is Baybank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1092). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Baybank?
Baybank's primary federal regulator is the FDIC.
How many branches does Baybank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Baybank's Texas Ratio?
Its Texas Ratio is 14.28% 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.
Go deeper on Baybank.
Get an email when Baybank files its next call report, and benchmark it against any peer you choose.
Unlock Baybank, freeFree account