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312 West Genesee Street
Iron River, MI 49935

The Miners State Bank is headquartered in Iron River and is the 78th largest bank in the state of Michigan. It is also the 3,995th largest bank in the nation. It was established in 1932 and as of June of 2016, it had grown to 39 employees at 6 locations. The Miners State Bank has a B+ health rating.

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Health Grade Components

FDIC Certificate #10928
Year Established1932
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD6.09%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$123.0MM$117.5MM
LoansQ2 2016vs Q2 2015$82.6MM$79.9MM
DepositsQ2 2016vs Q2 2015$108.3MM$103.5MM
Equity CapitalQ2 2016vs Q2 2015$13.3MM$11.9MM
Loan Loss AllowanceQ2 2016vs Q2 2015$929.00K$919.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$1.6MM$2.5MM
Real Estate OwnedQ2 2016vs Q2 2015$693.00K$762.00K

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The Miners State Bank Locations
Houghton Branch1203 Ridge RoadHoughton, MI 49931
The Miners State Bank312 West Genesee StreetIron River, MI 49935
South Range Branch47 Trimountain AvenueSouth Range, MI 49963
Ripley Branch49011 N Royce RdHancock, MI 49930
Ontonagon601 River StreetOntonagon, MI 49953