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 73rd largest bank in the state of Michigan. It is also the 3,852nd largest bank in the nation. It was established in 1932 and as of June of 2018, it had grown to 36 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
Employees36
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD11.11%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$120.2MM$121.6MM
LoansQ2 2018vs Q2 2017$82.3MM$80.8MM
DepositsQ2 2018vs Q2 2017$105.9MM$107.0MM
Equity CapitalQ2 2018vs Q2 2017$12.4MM$13.1MM
Loan Loss AllowanceQ2 2018vs Q2 2017$756.00K$893.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$4.00K$195.00K
Real Estate OwnedQ2 2018vs Q2 2017$348.00K$856.00K
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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