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 2,338th largest bank in the nation. It was established in 1888 and as of March of 2023, it had grown to 58 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 - YTD0.05%
Return on Equity - YTD3.47%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$325.4MM$356.1MM
LoansQ1 2023vs Q1 2022$83.8MM$83.0MM
DepositsQ1 2023vs Q1 2022$302.7MM$337.0MM
Equity CapitalQ1 2023vs Q1 2022$6.7MM$11.6MM
Loan Loss AllowanceQ1 2023vs Q1 2022$952.00K$890.00K
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$1.6MM$1.9MM
Real Estate OwnedQ1 2023vs Q1 2022$0$57.00K

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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