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312 West Genesee Street
Iron River, MI 49935

The Miners State Bank is headquartered in Iron River and is the 74th largest bank in the state of Michigan. It is also the 3,945th largest bank in the nation. It was established in 1932 and as of December of 2016, it had grown to 40 employees at 6 locations. The Miners State Bank has an A health rating.

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Health Grade Components

FDIC Certificate #10928
Year Established1932
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD5.73%
Annual Interest Income$5.0MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$124.3MM$122.4MM
LoansQ4 2016vs Q4 2015$82.2MM$82.4MM
DepositsQ4 2016vs Q4 2015$110.2MM$108.2MM
Equity CapitalQ4 2016vs Q4 2015$12.6MM$12.8MM
Loan Loss AllowanceQ4 2016vs Q4 2015$893.00K$835.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$302.00K$1.6MM
Real Estate OwnedQ4 2016vs Q4 2015$878.00K$539.00K

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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