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312 West Genesee Street
Iron River, MI 49935

The Miners State Bank is headquartered in Iron River and is the 76th largest bank in the state of Michigan. It is also the 3,838th largest bank in the nation. It was established in 1932 and as of September of 2017, it had grown to 34 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 - YTD0.59%
Return on Equity - YTD5.73%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$127.7MM$126.9MM
LoansQ3 2017vs Q3 2016$81.2MM$81.8MM
DepositsQ3 2017vs Q3 2016$113.1MM$112.0MM
Equity CapitalQ3 2017vs Q3 2016$13.1MM$13.4MM
Loan Loss AllowanceQ3 2017vs Q3 2016$721.00K$929.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$0$2.0MM
Real Estate OwnedQ3 2017vs Q3 2016$699.00K$681.00K

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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