First State Bank of Michigan: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks First State Bank of Michigan of Decatur, MI against its peer group of 506 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA | -1.29% | 3.14% | -4.43% | 7th bottom |
| ROAE | -7.33% | 10.34% | -17.67% | 8th bottom |
| Net Interest Margin | 3.85% | 3.94% | -0.09% | 48th below |
| Efficiency Ratio | 130.37% | 76.19% | +54.18% | 6th bottom |
| PPNR / Avg Assets | -1.29% | 1.41% | -2.70% | 4th bottom |
| Yield on Earning Assets | 5.91% | 5.35% | +0.56% | 73rd above |
| Cost of Funds | 2.23% | 1.70% | +0.53% | 21st bottom |
| Net Interest Spread | 3.00% | 3.32% | -0.32% | 34th below |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans Ahead of the peer average, behind the median peer. | 0.81% | 1.34% | -0.53% | 35th below |
| NPA / Total Assets Ahead of the peer average, behind the median peer. | 0.67% | 0.71% | -0.04% | 26th below |
| NCO / Avg Loans | 0.00% | 0.10% | -0.10% | 53rd above |
| ACL / Total Loans | 0.95% | 1.49% | -0.54% | 25th below |
| ACL / NPLs (Coverage) | 117.12% | 867.86% | -750.74% | 43rd below |
| Texas Ratio Ahead of the peer average, behind the median peer. | 5.23% | 8.27% | -3.04% | 33rd below |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Leverage Ratio Behind the peer average, ahead of the median peer. | 13.89% | 17.65% | -3.76% | 57th above |
| Equity / Assets | 16.95% | 16.45% | +0.50% | 73rd above |
| TCE / Tangible Assets Behind the peer average, ahead of the median peer. | 13.46% | 16.20% | -2.74% | 59th above |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 89.16% | 72.80% | +16.36% | 20th bottom |
| Core Deposit Ratio | 94.98% | 88.26% | +6.72% | 72nd above |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 40.97% | 4.17% | +36.80% | 99th top |
| Loan Growth (Y/Y) | 114.69% | 6.48% | +108.21% | 99th top |
| Deposit Growth (Y/Y) | 54.98% | 3.60% | +51.38% | 99th top |
See First State Bank of Michigan's peers by name
The 506 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock First State Bank of Michigan, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full First State Bank of Michigan profile, how to read a UBPR, or how this data updates.