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Banks · Michigan

Honor Bank

Honor, MI · FDIC Certificate #8165 · Chartered 06/1

Total assets
$442.75M
Total deposits
$384.05M
Total equity
$41.45M
Net loans
$354.20M
Branches (offices)
8
Net income (YTD)
$2.85M
Rank: #1,939 of 4,213 U.S. banks by assets · #38 of 72 in Michigan. Assets changed 5.1% and deposits 4.4% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.34%
Return on equity13.94%
Net interest margin (YTD)4.22%
Equity to assets9.36%
Tier 1 leverage ratio9.77%
Uninsured deposits (share of deposits)17.5%
Noncurrent loans (share of loans)0.32%
Net charge-offs (share of loans)0.01%
Loans to deposits92.2%
Real estate loans (share of loans)86.0%

Loan mix

CategoryAmountShare
Real estate loans$304.61M
86.0%
Commercial & industrial$53.22M
15.0%
Consumer / individual$699.00K
0.2%
Construction & development$28.95M
8.2%
Agricultural$0
0.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$382.12M$351.05M$1.92M$30.09M
Jun 2023$381.78M$336.80M$2.47M$32.90M
Jun 2024$396.57M$354.13M$2.38M$35.62M
Jun 2025$421.26M$367.78M$2.47M$39.49M
Jun 2026$442.75M$384.05M$2.85M$41.45M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Michigan$384.05M8

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $384.05M.

Similar-sized banks

Broadstreet Bank S S B ($442.83M) · The Citizens State Bank ($442.40M)

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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