Overview / Commentary
Old Mission Bank is headquartered in Sault Sainte Mar and is the 66th largest bank in the state of Michigan. It is also the 3,632nd largest bank in the nation. It was established in 2000 and as of June of 2021, 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 Q2 2021
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 | 0.84% |
| Return on Equity - YTD | 7.13% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $142.4MM$133.4MM |
| Loans | Q2 2021vs Q2 2020 | $46.2MM$63.5MM |
| Deposits | Q2 2021vs Q2 2020 | $124.0MM$115.2MM |
| Equity Capital | Q2 2021vs Q2 2020 | $15.9MM$15.8MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $1.1MM$974.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $319.00K$720.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $21.00K$545.00K |