First National Bank of St. Ignace
Overview / Commentary
First National Bank of St. Ignace is headquartered in St. Ignace and is the 53rd largest bank in the state of Michigan. It is also the 2,478th largest bank in the nation. It was established in 1888 and as of June of 2019, it had grown to 64 employees at 7 locations. First National Bank of St. Ignace has a C+ health rating.
Reviews (1)
Customer Service
Posted by: Anonymous | Jan 1, 2011
Service is excellent in Cedarville, a local bank with heart and style!
Health
C+
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5074 |
| Year Established | 1888 |
| Employees | 64 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.37% |
| Return on Equity - YTD | 4.36% |
| Annual Interest Income | $4.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $254.2MM$260.5MM |
| Loans | Q2 2019vs Q2 2018 | $84.4MM$85.1MM |
| Deposits | Q2 2019vs Q2 2018 | $223.1MM$232.8MM |
| Equity Capital | Q2 2019vs Q2 2018 | $23.3MM$19.8MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.0MM$1.1MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $3.7MM$2.7MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $468.00K$942.00K |
Rates
Sorry, we do not have rate data for First National Bank of St. Ignace.
Locations
| First National Bank of St. Ignace Locations | ||
|---|---|---|
| Newberry Branch | 1014 Newberry Avenue | Newberry, MI 49868 |
| The First National Bank Of St. Ignace | 132 North State Street | St. Ignace, MI 49781 |
| Cedarville Branch | 192 South Meridian Street | Cedarville, MI 49719 |
| North Bay Branch | 580 North State Street | St. Ignace, MI 49781 |
| Mackinac Island Branch | 7399 Market Street | Mackinac Island, MI 49757 |
| Moran Township Branch | 920 West Us-2 | Saint Ignace, MI 49781 |
| West Mackinac Branch | W11635 US Highway 2 | Naubinway, MI 49762 |