Freeland State Bank
Freeland, MI · Cert 14926 · Peer group: banks under $1B in assets operating in a single state (n=831-839)
FDIC · 1 branch
Q3 2024
$51.2MAssets
$1.9MLoans
$42.6MDeposits
$8.5MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 185 of 831).
- Widest gap: efficiency ratio trails 91% of banks under $1B in assets operating in a single state (rank 768 of 839).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
0.10%
Rank 761 of 839
Net Interest Margin
2.46%
Rank 703 of 839
Efficiency Ratio
95.67%
Rank 768 of 839
Equity / Assets
16.62%
Rank 80 of 839
Non-interest income vs. expense
Unfavorable gap of $1.2M · efficiency ratio beats 9% 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 | 0.10% | 0.43% | 0.82% | 1.23% | Beats 9% | 761 / 839 | | |
| Return on Equity | 0.63% | 4.40% | 8.26% | 11.89% | Beats 9% | 766 / 838 | | |
| Net Interest Margin | 2.46% | 2.65% | 3.21% | 3.75% | Beats 16% | 703 / 839 | | |
| Efficiency Ratio | 95.67% | 59.79% | 70.74% | 82.35% | Beats 9% | 768 / 839 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.93% | 0.06% | 0.34% | 0.94% | Beats 26% | 620 / 831 | | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.02% | 0.07% | Beats 100% | 185 / 831 | | |
| Capital |
| Tier 1 Capital Ratio | 16.90% | 11.54% | 13.98% | 17.81% | Beats 70% | 252 / 839 | | |
| Total Risk-Based Capital Ratio | 16.90% | 11.86% | 14.62% | 18.85% | Beats 66% | 288 / 839 | | |
| Equity / Assets | 16.62% | 8.28% | 9.86% | 12.27% | Beats 90% | 80 / 839 | | |
| Liquidity & Funding |
| Loans / Deposits | 4.55% | 60.71% | 77.12% | 90.27% | 1st pctl | 830 / 839 | | |
| Loans / Assets | 3.78% | 52.08% | 65.62% | 75.95% | 0th pctl | 829 / 831 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |