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First State Bank Of Michigan
Decatur, MI · FDIC Certificate #12893 · Chartered 01/0
Total assets
$87.76M
Total deposits
$71.57M
Total equity
$14.88M
Net loans
$63.20M
Branches (offices)
2
Net income (YTD)
-$552.00K
Rank: #3,765 of 4,213 U.S. banks by assets · #68 of 72 in Michigan. Assets changed 41.0% and deposits 55.0% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | -1.32% |
| Return on equity | -7.28% |
| Net interest margin (YTD) | 3.77% |
| Equity to assets | 16.95% |
| Tier 1 leverage ratio | 13.89% |
| Uninsured deposits (share of deposits) | 9.7% |
| Noncurrent loans (share of loans) | 0.88% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 88.3% |
| Real estate loans (share of loans) | 48.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $30.51M | 48.3% | |
| Commercial & industrial | $30.95M | 49.0% | |
| Consumer / individual | $1.75M | 2.8% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $591.00K | 0.9% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $55.94M | $45.41M | $98.00K | $10.27M |
| Jun 2023 | $53.62M | $43.09M | $74.00K | $10.25M |
| Jun 2024 | $53.72M | $42.91M | $84.00K | $10.49M |
| Jun 2025 | $62.25M | $46.18M | -$459.00K | $15.86M |
| Jun 2026 | $87.76M | $71.57M | -$552.00K | $14.88M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $71.57M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $71.57M.
Similar-sized banks
Fnb Washington ($87.79M) · The First National Bank Of Manning ($87.72M)
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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