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 71st largest bank in the state of Michigan. It is also the 3,765th largest bank in the nation. It was established in 1932 and as of September 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 - YTD1.04%
Return on Equity - YTD10.34%
Annual Interest Income$3.8MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$124.3MM$127.7MM
LoansQ3 2018vs Q3 2017$86.2MM$81.2MM
DepositsQ3 2018vs Q3 2017$108.6MM$113.1MM
Equity CapitalQ3 2018vs Q3 2017$12.0MM$13.1MM
Loan Loss AllowanceQ3 2018vs Q3 2017$786.00K$721.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$554.00K$0
Real Estate OwnedQ3 2018vs Q3 2017$302.00K$699.00K
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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