Baybank is headquartered in Gladstone and is the 68th largest bank in the state of Michigan. It is also the 3,780th largest bank in the nation. It was established in 1912 and as of December of 2020, it had grown to 29 employees at 3 locations. Baybank has an A health rating.
Overall | |
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FDIC Certificate # | 1092 |
Year Established | 1912 |
Employees | 29 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.22% |
Return on Equity - YTD | 13.36% |
Annual Interest Income | $5.5MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $124.2MM$106.3MM |
Loans | Q4 2020vs Q4 2019 | $82.3MM$78.1MM |
Deposits | Q4 2020vs Q4 2019 | $107.6MM$90.4MM |
Equity Capital | Q4 2020vs Q4 2019 | $11.5MM$10.1MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.2MM$942.00K |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $495.00K$1.1MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $102.00K$40.00K |
Sorry, we do not have rate data for Baybank.
Baybank Locations | ||
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Baybank | 104 South Tenth Street | Gladstone, MI 49837 |
Escanaba Branch | 2404 Third Avenue North | Escanaba, MI 49829 |
Rapid River Branch | 10513 North Main Street | Rapid River, MI 49878 |