Old Mission Bank
Old Mission Bank
Overview / Commentary
Old Mission Bank is headquartered in Sault Sainte Mar and is the 78th largest bank in the state of Michigan. It is also the 4,250th largest bank in the nation. It was established in 2000 and as of March of 2017, it had grown to 33 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 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35303 |
| Year Established | 2000 |
| Employees | 33 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 7.16% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $106.0MM$105.1MM |
| Loans | Q1 2017vs Q1 2016 | $60.8MM$62.9MM |
| Deposits | Q1 2017vs Q1 2016 | $90.8MM$88.2MM |
| Equity Capital | Q1 2017vs Q1 2016 | $12.3MM$12.1MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $891.00K$864.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $694.00K$701.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $285.00K$434.00K |
Rates
Sorry, we do not have rate data for Old Mission Bank.
Locations
| Old Mission Bank Locations | ||
|---|---|---|
| Old Mission Bank | 2701 1-75 Business Spur | Sault Sainte Marie, MI 49783 |
| Pickford Branch | 7196 E. Charles | Pickford, MI 49774 |