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The First National Bank Of St. Ignace
St. Ignace, MI · FDIC Certificate #5074 · Chartered 05/1
Total assets
$335.82M
Total deposits
$316.27M
Total equity
$17.63M
Net loans
$111.12M
Branches (offices)
7
Net income (YTD)
$1.07M
Rank: #2,310 of 4,213 U.S. banks by assets · #46 of 72 in Michigan. Assets changed 4.4% and deposits 3.0% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.63% |
| Return on equity | 11.97% |
| Net interest margin (YTD) | 2.97% |
| Equity to assets | 5.25% |
| Tier 1 leverage ratio | 7.78% |
| Uninsured deposits (share of deposits) | 30.1% |
| Noncurrent loans (share of loans) | 0.65% |
| Net charge-offs (share of loans) | 0.17% |
| Loans to deposits | 35.1% |
| Real estate loans (share of loans) | 76.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $84.50M | 76.0% | |
| Commercial & industrial | $7.77M | 7.0% | |
| Consumer / individual | $15.96M | 14.4% | |
| Construction & development | $9.37M | 8.4% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $346.98M | $333.62M | $495.00K | $5.67M |
| Jun 2023 | $322.52M | $306.20M | -$188.00K | $3.62M |
| Jun 2024 | $306.37M | $297.00M | $3.27M | $7.44M |
| Jun 2025 | $321.80M | $307.16M | -$13.00K | $13.31M |
| Jun 2026 | $335.82M | $316.27M | $1.07M | $17.63M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $316.27M | 7 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $316.27M.
Similar-sized banks
Charles River Bank ($336.06M) · The First Security Bank ($334.96M)
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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