Bay Port State Bank

Bay Port State Bank is headquartered in Bay Port and is the 100^th largest bank in the state of Michigan. It is also the 5,317^st largest bank in the nation. It was established in 1938 and as of December of 2011, it had grown to 24 employees at 3 locations. Bay Port State Bank has a 4-star health rating.

Data for Q4 2011

Institution Statistics Bay Port State Bank FDIC Certificate # 15585 BankRate Report View Year Established 1938 Employees 24 Primary Regulator FDIC Assets and Liabilities Assets $86.07 million Loans $68.57 million Deposits $77.77 million Equity Capital $6.19 million Loan Loss Allowance $697,000 Unbacked Noncurrent Loans $445,000 Historic Data - December 2010 Assets $84.19 million Equity Capital $6.11 million Loan Loss Allowance $541,000 Unbacked Noncurrent Loans $73,000 Profit Margin - Quarterly Net Interest Margin 3.8% Return on Assets 0.28% Return on Equity 3.85% Interest Income $4.11 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bay Port State Bank had $445,000 in non-current loans and owned real-estate with $6.89 million in equity and loan loss allowances on hand to cover it. This gives Bay Port State Bank a Texas Ratio of 6.46% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bay Port State Bank increased slightly from 1.10% as of December 31, 2010 to 6.46% as of December 31, 2011, resulting in a negative change of 488.71%. This indicates that the balance sheet and financial strength for Bay Port State Bank has declined slightly in recent periods. Deposit Growth In the past year, Bay Port State Bank has increased its total deposits by $1.79 million, resulting in 2.35% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bay Port State Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bay Port State Bank has $86.07 million in assets with $6.89 million in equity, resulting in a capitalization level of 8.00%, which is average.

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