Upper Peninsula State Bank: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
The standout move of Q2 2026 was in Cash and balances due from depository institutions: 47.7% lower than in Q1 2026, at $10.6M. Upper Peninsula State Bank ranks 9th of 72 Michigan banks on loan-to-deposit ratio, in the upper half at 101.79% (Q2 2026). The median for banks in the $100M-1B asset tier is 80.84% on loan-to-deposit ratio. Upper Peninsula State Bank sits 20.96 points higher, at 101.79% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $10.6M |
| Cash and noninterest-bearing balances to assets | 2.84% |
| Cash and securities | $34.5M |
| Fed funds sold and reverse repos | $0 |
| Fed funds sold and reverse repos to assets | 0.00% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $15.0M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 4.04% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 101.79% |
| Net loans and leases to deposits | 100.46% |
| Loans and leases to core deposits | 111.69% |
| Core deposits to total deposits | 81.06% |
| Brokered deposits to total deposits | 10.08% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 88.78% | 84.27% | $0 | $10.0M |
| Q4 2023 | 91.32% | 81.60% | $0 | $10.0M |
| Q1 2024 | 93.57% | 82.71% | $0 | $10.0M |
| Q2 2024 | 93.65% | 82.19% | $0 | $10.0M |
| Q3 2024 | 93.14% | 81.48% | $0 | $10.0M |
| Q4 2024 | 95.67% | 79.88% | $0 | $10.0M |
| Q1 2025 | 90.40% | 80.97% | $0 | $10.0M |
| Q2 2025 | 95.26% | 80.97% | $0 | $10.0M |
| Q3 2025 | 96.24% | 81.84% | $0 | $10.0M |
| Q4 2025 | 101.15% | 79.91% | $0 | $20.0M |
| Q1 2026 | 99.53% | 82.84% | $0 | $20.0M |
| Q2 2026 | 101.79% | 81.06% | $0 | $15.0M |
Upper Peninsula State Bank liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Upper Peninsula State Bank, freeSource: Call Report Schedules RC and RC-M, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Upper Peninsula State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1090) · FFIEC NIC profile (RSSD 236957)