Upper Peninsula State Bank

Upper Peninsula State Bank is headquartered in Escanaba and is the 66^th largest bank in the state of Michigan. It is also the 3,141^st largest bank in the nation. It was established in 1902 and as of March of 2012, it had grown to 34 employees at 3 locations. Upper Peninsula State Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics Upper Peninsula State Bank FDIC Certificate # 1090 BankRate Report View Year Established 1902 Employees 34 Primary Regulator FDIC Assets and Liabilities Assets $198.34 million Loans $99.66 million Deposits $160.56 million Equity Capital $28.09 million Loan Loss Allowance $2.55 million Unbacked Noncurrent Loans $3.43 million Real Estate Owned $1.04 million Historic Data - March 2011 Assets $189.35 million Equity Capital $26.82 million Loan Loss Allowance $2.64 million Unbacked Noncurrent Loans $5.67 million Real Estate Owned $360,000 Profit Margin - Quarterly Net Interest Margin 3.7% Return on Assets 1.09% Return on Equity 7.62% Interest Income $2.08 million

Institution Health Overall Score: 5 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 Upper Peninsula State Bank had $4.47 million in non-current loans and owned real-estate with $30.64 million in equity and loan loss allowances on hand to cover it. This gives Upper Peninsula State Bank a Texas Ratio of 14.60% 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 Upper Peninsula State Bank decreased slightly from 20.46% as of March 31, 2011 to 14.60% as of March 31, 2012, resulting in a positive change of 28.64%.This indicates that the balance sheet and financial strength for Upper Peninsula State Bank has improved slightly in recent periods. Deposit Growth In the past year, Upper Peninsula State Bank has increased its total deposits by $9.26 million, resulting in 6.12% 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 Upper Peninsula State Bank has shown is excellent. 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. Upper Peninsula State Bank has $198.34 million in assets with $30.64 million in equity, resulting in a capitalization level of 15.45%, which is excellent.

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