Overview / Commentary
Old Mission Bank is headquartered in Sault Sainte Mar and is the 65th largest bank in the state of Michigan. It is also the 3,646th largest bank in the nation. It was established in 2000 and as of March of 2022, it had grown to 31 employees at 2 locations. Old Mission Bank has an A health rating.
Reviews (1)
Sevice Is Poor
Posted by: Anonymous | Nov 1, 2011
Terrible, always wanting more documentations. Also, they use a title company that is bad.
Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35303 |
| Year Established | 2000 |
| Employees | 31 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 3.59% |
| Annual Interest Income | $952.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $137.0MM$136.1MM |
| Loans | Q1 2022vs Q1 2021 | $46.0MM$53.3MM |
| Deposits | Q1 2022vs Q1 2021 | $122.4MM$118.0MM |
| Equity Capital | Q1 2022vs Q1 2021 | $12.1MM$15.7MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $987.00K$1.1MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $245.00K$446.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$371.00K |