Eastern Michigan Bank
Croswell, MI · Cert 982 · Peer group: banks under $1B in assets (n=581-629) · Mercantile Bank Corp.
State charter, Fed member · FED · 1 affiliate bank · 12 branches (52 in holding)
Q2 2026
$553.6MAssets
$194.3MLoans
$453.7MDeposits
$97.8MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets (rank 158 of 581).
- Widest gap: return on equity trails 59% of banks under $1B in assets (rank 368 of 629).
- Overall: at or above the peer median on 7 of 9 directional measures.
Return on Assets
1.45%
Rank 158 of 629
Net Interest Margin
4.55%
Rank 60 of 629
Efficiency Ratio
62.45%
Rank 220 of 629
Equity / Assets
17.66%
Rank 97 of 629
Non-interest income vs. expense
Unfavorable gap of $13.8M · efficiency ratio beats 65% of banks under $1B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.45% | 0.60% | 1.01% | 1.45% | Beats 75% | 158 / 629 | |
| Return on Equity | 8.19% | 5.38% | 9.30% | 13.28% | Beats 41% | 368 / 629 | |
| Net Interest Margin | 4.55% | 3.03% | 3.54% | 4.05% | Beats 90% | 60 / 629 | |
| Efficiency Ratio | 62.45% | 58.35% | 67.79% | 79.08% | Beats 65% | 220 / 629 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.63% | 0.09% | 0.46% | 1.20% | Beats 42% | 340 / 581 | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.01% | 0.06% | Beats 100% | 158 / 581 | |
| Capital |
| Tier 1 Capital Ratio | 19.57% | 11.24% | 13.84% | 18.77% | Beats 77% | 144 / 629 | |
| Total Risk-Based Capital Ratio | 20.29% | 11.58% | 14.43% | 19.66% | Beats 77% | 145 / 629 | |
| Equity / Assets | 17.66% | 9.09% | 10.65% | 13.80% | Beats 85% | 97 / 629 | |
| Liquidity & Funding |
| Loans / Deposits | 42.83% | 67.24% | 80.90% | 93.48% | 7th pctl | 550 / 594 | |
| Loans / Assets | 35.09% | 53.31% | 67.71% | 78.15% | 13th pctl | 549 / 629 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |