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Bank Comparison

First Bank, Upper Michigan vs Midstates Bank, N.A.

Side-by-side regulatory financials for the latest quarter on file with the FFIEC.

First Bank, Upper Michigan

RSSD 239556 · GLADSTONE, MI

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vs

12 · 11

winning metrics across 23 comparable rows

Midstates Bank, N.A.

RSSD 728948 · COUNCIL BLUFFS, IA

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Capital adequacy

MetricFirst Bank, Upper MichiganMidstates Bank, N.A.
CET1 Ratio 16.11% 16.57%
Tier 1 Capital Ratio 16.11% 16.57%
Total Capital Ratio 17.18% 17.83%
Tier 1 Leverage Ratio 12.59% 11.80%
Equity / Assets 13.12% 10.52%

Profitability

MetricFirst Bank, Upper MichiganMidstates Bank, N.A.
Return on Assets (ROA) 1.93% 1.35%
Return on Equity (ROE) 14.93% 13.12%
Net Interest Margin (NIM) 4.23% 3.75%
Yield on Earning Assets 5.80% 4.98%
Cost of Funds 1.69% 1.38%

Asset quality

MetricFirst Bank, Upper MichiganMidstates Bank, N.A.
Texas Ratio 5.16% 1.96%
Non-Performing Loan Ratio 0.85% 0.34%
Non-Performing Asset Ratio 0.60% 0.23%
Net Charge-Off Ratio 0.01% 0.05%
ACL / Loans 1.16% 2.13%

Balance sheet

MetricFirst Bank, Upper MichiganMidstates Bank, N.A.
Total Assets $632,092K $631,356K
Total Deposits $532,142K $542,904K
Total Loans $445,807K $428,958K
Total Equity $82,930K $66,433K
Net Income (quarter) $3,078K $2,165K

Liquidity & funding

MetricFirst Bank, Upper MichiganMidstates Bank, N.A.
Loan-to-Deposit Ratio 83.78% 79.01%
Core Deposit Ratio 89.00% 90.72%
Uninsured Deposit Ratio

Identity

MetricFirst Bank, Upper MichiganMidstates Bank, N.A.
Headquarters City GLADSTONE COUNCIL BLUFFS
Headquarters State MI IA
Asset Tier Medium Medium
Charter Class 0 10354
Regulator FDIC OCC
Domestic Branches 9 10
Employees (FTE) 121 92
Established Aug. 14, 1916, midnight Jan. 1, 1913, midnight

About this comparison

All metrics are sourced from FFIEC call report filings — the public regulatory financial reports every FDIC-insured US bank files quarterly. Both banks are reported as of . The "winner" highlight is determined by the supervisory direction convention: higher is better for capital and profitability metrics; lower is better for risk metrics like Texas Ratio and uninsured-deposit ratio.

View full First Bank, Upper Michigan profile  |  View full Midstates Bank, N.A. profile  |  Browse all bank comparisons