Tri-County Bank


Overview / Commentary
810-346-2745
4190 Main Street
Brown City, MI 48416

Tri-County Bank is headquartered in BROWN CITY and is the 31st largest bank in the state of Michigan. It is also the 1,654th largest bank in the nation. It was established in 1889 and as of September of 2023, it had grown to 81 employees at 12 locations. Tri-County Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #977
Year Established1889
Employees81
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.53%
Return on Equity - YTD17.2%
Annual Interest Income$18.3MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$544.8MM$510MM
LoansQ3 2023vs Q3 2022$378.4MM$336.5MM
DepositsQ3 2023vs Q3 2022$455.9MM$455.3MM
Equity CapitalQ3 2023vs Q3 2022$48.3MM$44MM
Loan Loss AllowanceQ3 2023vs Q3 2022$4.1MM$3.1MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$975K$257K
Real Estate OwnedQ3 2023vs Q3 2022$126K$0
Rates
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Tri-County Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*-$25kPerformance Reward Checking-Qualifying
OTHER TIERS: 0.15% $25k+
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