First National Bank of Saint Ignace, The
Saint Ignace, MI · Cert 5074 · Peer group: banks under $1B in assets (n=581-629) · Mackinac National Bcorp Inc.
National charter · OCC · 7 branches
Q2 2026
$335.8MAssets
$112.0MLoans
$316.3MDeposits
$17.6MEquity
Executive Summary
- Strongest standing: return on equity outperforms 67% of banks under $1B in assets (rank 206 of 629).
- Widest gap: equity / assets trails 100% of banks under $1B in assets (rank 626 of 629).
- Overall: at or above the peer median on 3 of 9 directional measures.
Return on Assets
0.63%
Rank 463 of 629
Net Interest Margin
2.83%
Rank 521 of 629
Efficiency Ratio
74.96%
Rank 423 of 629
Equity / Assets
5.25%
Rank 626 of 629
Non-interest income vs. expense
Unfavorable gap of $6.7M · efficiency ratio beats 33% of banks under $1B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.63% | 0.60% | 1.01% | 1.45% | Beats 26% | 463 / 629 | |
| Return on Equity | 12.09% | 5.38% | 9.30% | 13.28% | Beats 67% | 206 / 629 | |
| Net Interest Margin | 2.83% | 3.03% | 3.54% | 4.05% | Beats 17% | 521 / 629 | |
| Efficiency Ratio | 74.96% | 58.35% | 67.79% | 79.08% | Beats 33% | 423 / 629 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.65% | 0.09% | 0.46% | 1.20% | Beats 41% | 345 / 581 | |
| Net Charge-Offs / Loans | 0.12% | n/a | 0.01% | 0.06% | Beats 15% | 495 / 581 | |
| Capital |
| Tier 1 Capital Ratio | 16.19% | 11.24% | 13.84% | 18.77% | Beats 65% | 218 / 629 | |
| Total Risk-Based Capital Ratio | 16.73% | 11.58% | 14.43% | 19.66% | Beats 65% | 218 / 629 | |
| Equity / Assets | 5.25% | 9.09% | 10.65% | 13.80% | Beats 0% | 626 / 629 | |
| Liquidity & Funding |
| Loans / Deposits | 35.41% | 67.24% | 80.90% | 93.48% | 5th pctl | 564 / 594 | |
| Loans / Assets | 33.35% | 53.31% | 67.71% | 78.15% | 12th pctl | 552 / 629 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |