State Bank, The
Fenton, MI · Cert 11406 · Peer group: banks $1B-$10B in assets operating in a single state (n=280-281)
FDIC · 20 branches
Q4 2024
$1.8BAssets
$1.4BLoans
$1.5BDeposits
$166.6MEquity
Executive Summary
- Strongest standing: equity / assets outperforms 42% of banks $1B-$10B in assets operating in a single state (rank 162 of 281).
- Widest gap: net charge-offs / loans trails 77% of banks $1B-$10B in assets operating in a single state (rank 218 of 281).
- Overall: at or above the peer median on 0 of 9 directional measures.
Return on Assets
0.71%
Rank 184 of 281
Net Interest Margin
2.72%
Rank 177 of 281
Efficiency Ratio
70.39%
Rank 175 of 281
Equity / Assets
9.22%
Rank 162 of 281
Non-interest income vs. expense
Unfavorable gap of $32.5M · efficiency ratio beats 38% of banks $1B-$10B in assets operating in a single state | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.71% | 0.56% | 0.90% | 1.25% | Beats 35% | 184 / 281 | | |
| Return on Equity | 7.66% | 6.02% | 9.54% | 12.57% | Beats 38% | 173 / 280 | | |
| Net Interest Margin | 2.72% | 2.56% | 2.92% | 3.42% | Beats 37% | 177 / 281 | | |
| Efficiency Ratio | 70.39% | 57.29% | 66.60% | 75.94% | Beats 38% | 175 / 281 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.75% | 0.14% | 0.36% | 0.76% | Beats 26% | 210 / 281 | | |
| Net Charge-Offs / Loans | 0.19% | 0.01% | 0.05% | 0.16% | Beats 23% | 218 / 281 | | |
| Capital |
| Tier 1 Capital Ratio | 12.08% | 11.44% | 13.17% | 15.12% | Beats 35% | 183 / 281 | | |
| Total Risk-Based Capital Ratio | 13.13% | 12.18% | 14.01% | 16.01% | Beats 36% | 179 / 281 | | |
| Equity / Assets | 9.22% | 8.36% | 9.62% | 11.13% | Beats 42% | 162 / 281 | | |
| Liquidity & Funding |
| Loans / Deposits | 97.84% | 73.71% | 85.86% | 95.66% | 78th pctl | 61 / 281 | | |
| Loans / Assets | 79.59% | 63.83% | 71.78% | 79.09% | 77th pctl | 64 / 281 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |