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Commercial Bank
Ithaca, MI · FDIC Certificate #18584 · Chartered 08/2
Total assets
$552.69M
Total deposits
$475.19M
Total equity
$56.94M
Net loans
$363.70M
Branches (offices)
10
Net income (YTD)
$3.56M
Rank: #1,661 of 4,213 U.S. banks by assets · #30 of 72 in Michigan. Assets changed 0.2% and deposits -3.0% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.28% |
| Return on equity | 12.51% |
| Net interest margin (YTD) | 4.12% |
| Equity to assets | 10.30% |
| Tier 1 leverage ratio | 10.89% |
| Uninsured deposits (share of deposits) | 22.0% |
| Noncurrent loans (share of loans) | 0.39% |
| Net charge-offs (share of loans) | 0.01% |
| Loans to deposits | 76.5% |
| Real estate loans (share of loans) | 86.8% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $315.80M | 86.8% | |
| Commercial & industrial | $31.64M | 8.7% | |
| Consumer / individual | $4.26M | 1.2% | |
| Construction & development | $2.58M | 0.7% | |
| Agricultural | $3.65M | 1.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $624.48M | $550.53M | $4.77M | $47.88M |
| Jun 2023 | $587.42M | $515.63M | $3.45M | $50.13M |
| Jun 2024 | $572.26M | $507.22M | $3.01M | $53.58M |
| Jun 2025 | $551.58M | $489.77M | $3.34M | $55.22M |
| Jun 2026 | $552.69M | $475.19M | $3.56M | $56.94M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $475.19M | 10 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $475.19M.
Similar-sized banks
The National Bank Of Middlebury ($553.55M) · Portage Community Bank ($552.20M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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