First State Bank of Michigan
Decatur, MI · Cert 12893 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · GTSB Financial Inc.
State charter, Fed member · FED · 2 branches
Q2 2026
$87.8MAssets
$63.8MLoans
$71.6MDeposits
$14.9MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 185 of 743).
- Widest gap: efficiency ratio trails 99% of banks under $1B in assets operating in a single state (rank 738 of 746).
- Overall: at or above the peer median on 3 of 9 directional measures.
Return on Assets
-1.26%
Rank 738 of 746
Net Interest Margin
3.54%
Rank 430 of 746
Efficiency Ratio
133.27%
Rank 738 of 746
Equity / Assets
16.95%
Rank 63 of 746
Non-interest income vs. expense
Unfavorable gap of $3.9M · efficiency ratio beats 1% of banks under $1B in assets operating in a single state | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | -1.26% | 0.72% | 1.06% | 1.45% | Beats 1% | 738 / 746 | |
| Return on Equity | -7.42% | 6.74% | 10.51% | 13.63% | Beats 1% | 738 / 746 | |
| Net Interest Margin | 3.54% | 3.17% | 3.68% | 4.16% | Beats 42% | 430 / 746 | |
| Efficiency Ratio | 133.27% | 55.74% | 64.58% | 75.47% | Beats 1% | 738 / 746 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.88% | 0.09% | 0.42% | 1.07% | Beats 31% | 515 / 743 | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | 0.05% | Beats 100% | 185 / 743 | |
| Capital |
| Tier 1 Capital Ratio | 13.89% | 11.55% | 13.75% | 17.60% | Beats 51% | 364 / 746 | |
| Total Risk-Based Capital Ratio | 13.89% | 11.71% | 14.33% | 18.43% | Beats 46% | 404 / 746 | |
| Equity / Assets | 16.95% | 8.90% | 10.51% | 13.06% | Beats 92% | 63 / 746 | |
| Liquidity & Funding |
| Loans / Deposits | 89.16% | 61.31% | 78.27% | 90.78% | 72nd pctl | 210 / 746 | |
| Loans / Assets | 72.71% | 53.60% | 66.97% | 76.08% | 65th pctl | 261 / 746 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |