The State Bank (MI)


Overview / Commentary
810-629-2263
175 N. Leroy St.
Fenton, MI 48430

The State Bank (MI) is headquartered in Fenton and is the 12th largest bank in the state of Michigan. It is also the 779th largest bank in the nation. It was established in 1898 and as of December of 2019, it had grown to 181 employees at 16 locations. The State Bank (MI) has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #11406
Year Established1898
Employees181
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.31%
Return on Equity - YTD12.44%
Annual Interest Income$43.6MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$1.03B$926.3MM
LoansQ4 2019vs Q4 2018$884.2MM$768.6MM
DepositsQ4 2019vs Q4 2018$866.1MM$768.4MM
Equity CapitalQ4 2019vs Q4 2018$108.3MM$94.6MM
Loan Loss AllowanceQ4 2019vs Q4 2018$5.8MM$4.5MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.4MM$1.1MM
Real Estate OwnedQ4 2019vs Q4 2018$0$32.00K
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Locations

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