Old Mission Bank
Old Mission Bank
Overview / Commentary
Old Mission Bank is headquartered in Sault Sainte Mar and is the 82nd largest bank in the state of Michigan. It is also the 4,290th largest bank in the nation. It was established in 2000 and as of June of 2016, it had grown to 35 employees at 2 locations. Old Mission Bank has a B+ 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
B+
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35303 |
| Year Established | 2000 |
| Employees | 35 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.49% |
| Return on Equity - YTD | 4.19% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $107.1MM$112.3MM |
| Loans | Q2 2016vs Q2 2015 | $63.4MM$64.1MM |
| Deposits | Q2 2016vs Q2 2015 | $90.3MM$94.9MM |
| Equity Capital | Q2 2016vs Q2 2015 | $12.4MM$11.7MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $883.00K$874.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $691.00K$648.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $434.00K$260.00K |
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 |