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Overview / Commentary
877-906-5131
312 West Genesee Street
Iron River, MI 49935

The Miners State Bank is headquartered in Iron River and is the 75th largest bank in the state of Michigan. It is also the 3,880th largest bank in the nation. It was established in 1932 and as of December of 2017, it had grown to 35 employees at 6 locations. The Miners State Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #10928
Year Established1932
Employees35
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD3.68%
Annual Interest Income$4.9MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$122.9MM$124.3MM
LoansQ4 2017vs Q4 2016$81.6MM$82.2MM
DepositsQ4 2017vs Q4 2016$108.8MM$110.2MM
Equity CapitalQ4 2017vs Q4 2016$12.6MM$12.6MM
Loan Loss AllowanceQ4 2017vs Q4 2016$756.00K$893.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$0$302.00K
Real Estate OwnedQ4 2017vs Q4 2016$459.00K$878.00K
Rates

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Locations


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

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