First National Bank of St. Ignace

Overview / Commentary
132 North State Street
St. Ignace, MI 49781

First National Bank of St. Ignace is headquartered in ST. IGNACE and is the 46th largest bank in the state of Michigan. It is also the 2,197th largest bank in the nation. It was established in 1888 and as of September of 2023, it had grown to 53 employees at 7 locations. First National Bank of St. Ignace has a C- health rating.

Reviews (1)

Customer Service

Posted by: |

Service is excellent in Cedarville, a local bank with heart and style!


Health Grade Components

FDIC Certificate #5074
Year Established1888
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-0.06%
Return on Equity - YTD-5.22%
Annual Interest Income$6.7MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$355.8MM$377.6MM
LoansQ3 2023vs Q3 2022$87.5MM$80.9MM
DepositsQ3 2023vs Q3 2022$348.9MM$368MM
Equity CapitalQ3 2023vs Q3 2022$1.8MM$2MM
Loan Loss AllowanceQ3 2023vs Q3 2022$958K$925K
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$1.9MM$1.9MM
Real Estate OwnedQ3 2023vs Q3 2022$0$57K

Sorry, we do not have rate data for First National Bank of St. Ignace.


First National Bank of St. Ignace Locations
Newberry Branch1014 Newberry AvenueNewberry, MI 49868
The First National Bank Of St. Ignace132 N State StSt. Ignace, MI 49781
Cedarville Branch192 South Meridian StreetCedarville, MI 49719
North Bay Branch580 North State StreetSt. Ignace, MI 49781
Mackinac Island Branch7399 Market StreetMackinac Island, MI 49757
Moran Township Branch920 West Us-2Saint Ignace, MI 49781
West Mackinac BranchW11635 US Highway 2Naubinway, MI 49762

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