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 48th largest bank in the state of Michigan. It is also the 2,313th largest bank in the nation. It was established in 1888 and as of December of 2020, it had grown to 56 employees at 7 locations. First National Bank of St. Ignace has a B 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 - YTD0.49%
Return on Equity - YTD5.89%
Annual Interest Income$7.5MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$317.2MM$263.2MM
LoansQ4 2020vs Q4 2019$78.6MM$80.3MM
DepositsQ4 2020vs Q4 2019$283.9MM$232.2MM
Equity CapitalQ4 2020vs Q4 2019$25.1MM$22.9MM
Loan Loss AllowanceQ4 2020vs Q4 2019$833.00K$1.0MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$2.1MM$4.5MM
Real Estate OwnedQ4 2020vs Q4 2019$2.5MM$572.00K

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 North State StreetSt. 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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