Bank Safety Analysis
Is Peoples State Bank of Munising Safe?
Peoples State Bank of Munising shows stress on 1 of 5 regulatory safety dimensions and is currently outside well-capitalized thresholds on at least one measure. Analysis based on the Q2 2026 call report.
In Q2 2026, net interest margin edged up by 0.12 percentage points, from 3.21% to 3.33%, the largest move among the key lines here. Within Michigan, Peoples State Bank of Munising is 13th of 72 on leverage ratio, 12.75% as of Q2 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is 10.93% on leverage ratio. Peoples State Bank of Munising sits 1.82 points higher, at 12.75% (Q2 2026). From Q3 2023 to Q2 2026, Peoples State Bank of Munising's Texas ratio ranged between 2.45% (Q2 2024) and 20.07% (Q3 2025). Compared with Q2 2025, Peoples State Bank of Munising's noncurrent loans to total loans from 1.46% to 3.45%, Texas ratio from 7.63% to 16.37%, return on assets from 0.54% to 0.44% in Q2 2026.
Data as of · sourced from FFIEC call reports. How we update
A relative risk score, not a calibrated probability: it ranks this bank against every other filer. Model AUC 0.988 (v20261005_114304). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk, and its accuracy above roughly $10B in assets is not established, so a low score is not evidence of safety. See the methodology. This is not investment advice or a credit rating.
Scorecard by dimension
Peer cohort: banks with $100M to $1B in assets (2,603 banks) · Industry averages as of Q2 2026.
Leverage ratio of 12.75% exceeds the 9% Community Bank Leverage Ratio threshold. The bank is deemed well-capitalized under CBLR.
Tier 1 leverage of 12.75% is above the 5% well-capitalized threshold.
Nonperforming loans at 3.45% are at a stress-band level above 3%.
Texas Ratio of 16.4% is well below the 100% historical failure threshold.
Efficiency ratio of 82.9% is elevated, suggesting cost-to-revenue pressure.
Note: This bank has elected the Community Bank Leverage Ratio framework, a simplified capital regime for community banks meeting size and complexity criteria. Banks under CBLR don't report CET1 separately; the CBLR leverage threshold serves as the well-capitalized benchmark.
Risk screens
Latest filing (Q2 2026), passing screens included.
| Screen | Value | Trigger | Result |
|---|---|---|---|
| CET1 capital ratio supervisory threshold | — | Flags below 7% | Not reported |
| Texas ratio BankRegReports band | 16.37% | Watch at 50%, concern at 100% | Within range |
| Non-performing loan ratio BankRegReports band | 3.45% | Flags at 3% or above | Flagged |
| Uninsured deposit share BankRegReports band | — | Watch at 50%, concern at 70% | Not reported |
| Loan-to-deposit ratio BankRegReports band | 77.97% | Flags at 100% or above | Within range |
| Commercial real estate to capital supervisory threshold | 179.46% | Watch at 200%, concern at 300% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 0.00% | Watch at 10%, concern at 25% | Within range |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q2 2026 | 16.37% |
| Q1 2026 | 17.64% |
| Q4 2025 | 16.06% |
| Q3 2025 | 20.07% |
| Q2 2025 | 7.63% |
| Q1 2025 | 7.87% |
| Q4 2024 | 8.19% |
| Q3 2024 | 7.84% |
| Q2 2024 | 2.45% |
| Q1 2024 | 2.67% |
| Q4 2023 | 2.62% |
| Q3 2023 | 3.66% |
Peoples State Bank of Munising by quarter
| Quarter end | CET1 | Noncurrent loans | Texas ratio | ROA |
|---|---|---|---|---|
| Jun 30, 2026 | — | 3.45% | 16.37% | 0.44% |
| Mar 31, 2026 | — | 3.51% | 17.64% | 0.42% |
| Dec 31, 2025 | — | 3.39% | 16.06% | 1.05% |
| Sep 30, 2025 | — | 4.09% | 20.07% | 0.68% |
| Jun 30, 2025 | — | 1.46% | 7.63% | 0.54% |
| Mar 31, 2025 | — | 1.45% | 7.87% | 0.49% |
| Dec 31, 2024 | — | 1.44% | 8.19% | 0.45% |
| Sep 30, 2024 | — | 0.21% | 7.84% | 0.75% |
| Jun 30, 2024 | — | 0.20% | 2.45% | 0.47% |
| Mar 31, 2024 | — | 0.21% | 2.67% | 0.86% |
| Dec 31, 2023 | — | 0.22% | 2.62% | 0.94% |
| Sep 30, 2023 | — | 0.33% | 3.66% | 0.94% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is Peoples State Bank of Munising FDIC insured?
Yes. Peoples State Bank of Munising is an FDIC-insured commercial bank (FDIC Certificate #15165). Customer deposits are protected up to the standard FDIC insurance limit of $250,000 per depositor, per ownership category.
Is Peoples State Bank of Munising well capitalized?
Yes. Peoples State Bank of Munising reports a Community Bank Leverage Ratio of 12.75%, comfortably above the regulatory well-capitalized threshold that its primary federal regulator, the FDIC, applies under Prompt Corrective Action.
What is Peoples State Bank of Munising's nonperforming loan ratio?
As of the most recent call report, Peoples State Bank of Munising's nonperforming loan ratio is 3.45%. Nonperforming loans at 3.45% are at a stress-band level above 3%.
What is Peoples State Bank of Munising's Texas Ratio?
Peoples State Bank of Munising's Texas Ratio is 16.37%. It compares nonperforming assets with tangible equity plus reserves; above 100% has historically signaled elevated failure risk.
How safe is my money at any FDIC-insured bank?
FDIC insurance covers up to $250,000 per depositor, per insured bank, per ownership category. If an insured bank fails, the FDIC typically pays insured depositors within one business day.
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Methodology & disclaimer
Based on the latest FFIEC call report. Model output is an estimate, not a credit rating, and this page is not investment advice. FDIC insurance covers deposits up to $250,000 per depositor per ownership category at any FDIC-insured bank, whatever its safety profile. See the methodology and full profile.
Regulator records: FDIC BankFind (cert 15165) · FFIEC NIC profile (RSSD 262956)
Explore: Full Peoples State Bank of Munising profile · Other banks in MI · Metric glossary · How the call report works