The Peninsula Bank of Ishpeming

The Peninsula Bank of Ishpeming is headquartered in Ishpeming and is the 82^nd largest bank in the state of Michigan. It is also the 4,029^th largest bank in the nation. It was established in 1887 and as of March of 2012, it had grown to 49 employees at 6 locations. The Peninsula Bank of Ishpeming has a 4-star health rating.

Data for Q1 2012

Institution Statistics The Peninsula Bank of Ishpeming FDIC Certificate # 11401 BankRate Report View Year Established 1887 Employees 49 Primary Regulator FED Assets and Liabilities Assets $141.09 million Loans $91.49 million Deposits $118.44 million Equity Capital $16.61 million Loan Loss Allowance $2.01 million Unbacked Noncurrent Loans $1.06 million Real Estate Owned $483,000 Historic Data - March 2011 Assets $140.01 million Equity Capital $16.66 million Loan Loss Allowance $1.74 million Unbacked Noncurrent Loans $856,000 Real Estate Owned $830,000 Profit Margin - Quarterly Net Interest Margin 4.37% Return on Assets 0.58% Return on Equity 4.82% Interest Income $1.50 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 March 31, 2012 The Peninsula Bank of Ishpeming had $1.55 million in non-current loans and owned real-estate with $18.61 million in equity and loan loss allowances on hand to cover it. This gives The Peninsula Bank of Ishpeming a Texas Ratio of 8.31% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Peninsula Bank of Ishpeming held steady from 9.16% as of March 31, 2011 to 8.31% as of March 31, 2012, resulting in a positive change of 9.35%.This indicates that the balance sheet and financial strength for The Peninsula Bank of Ishpeming has held steady in recent periods. Deposit Growth In the past year, The Peninsula Bank of Ishpeming has increased its total deposits by $1.95 million, resulting in 1.68% 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 The Peninsula Bank of Ishpeming 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. The Peninsula Bank of Ishpeming has $141.09 million in assets with $18.61 million in equity, resulting in a capitalization level of 13.19%, which is excellent.

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