First State Bank of Michigan
Decatur, MI · Cert 12893 · Peer group: banks under $1B in assets operating in a single state (n=751-755) · 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 751).
- Widest gap: return on equity trails 99% of banks under $1B in assets operating in a single state (rank 747 of 755).
- Overall: at or above the peer median on 3 of 9 directional measures.
Return on Assets
-1.26%
Rank 746 of 755
Net Interest Margin
3.54%
Rank 432 of 755
Efficiency Ratio
133.27%
Rank 744 of 755
Equity / Assets
16.95%
Rank 71 of 755
Non-interest income vs. expense
Unfavorable gap of $3.9M · efficiency ratio beats 2% of banks under $1B 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 | -1.26% | 0.72% | 1.06% | 1.45% | Beats 1% | 746 / 755 | | |
| Return on Equity | -7.42% | 6.66% | 10.44% | 13.61% | Beats 1% | 747 / 755 | | |
| Net Interest Margin | 3.54% | 3.15% | 3.68% | 4.17% | Beats 43% | 432 / 755 | | |
| Efficiency Ratio | 133.27% | 55.75% | 64.78% | 75.61% | Beats 2% | 744 / 755 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.88% | 0.09% | 0.42% | 1.05% | Beats 31% | 522 / 751 | | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | 0.05% | Beats 100% | 185 / 751 | | |
| Capital |
| Tier 1 Capital Ratio | 13.89% | 11.56% | 13.81% | 17.74% | Beats 51% | 371 / 755 | | |
| Total Risk-Based Capital Ratio | 13.89% | 11.72% | 14.46% | 18.53% | Beats 45% | 412 / 755 | | |
| Equity / Assets | 16.95% | 8.93% | 10.56% | 13.13% | Beats 91% | 71 / 755 | | |
| Liquidity & Funding |
| Loans / Deposits | 89.16% | 62.43% | 78.62% | 91.00% | 71st pctl | 221 / 755 | | |
| Loans / Assets | 72.71% | 54.70% | 67.27% | 76.55% | 64th pctl | 271 / 755 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |