First National Bank of St. Ignace
Overview / Commentary
First National Bank of St. Ignace is headquartered in St. Ignace and is the 50th largest bank in the state of Michigan. It is also the 2,415th largest bank in the nation. It was established in 1888 and as of December of 2019, it had grown to 59 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 Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5074 |
| Year Established | 1888 |
| Employees | 59 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.41% |
| Return on Equity - YTD | 4.85% |
| Annual Interest Income | $8.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $263.2MM$259.6MM |
| Loans | Q4 2019vs Q4 2018 | $80.3MM$82.2MM |
| Deposits | Q4 2019vs Q4 2018 | $232.2MM$231.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $22.9MM$20.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $1.0MM$1.0MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $4.5MM$2.3MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $572.00K$87.00K |