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 State Savings Bank
State Savings Bank
| RSSD ID 22543 | CERTIFICATE 8162 | ABA NUMBER 72406506 |
| 703 Main St |
Quarter Ended : |
2025-12-31 |
| Frankfort, Michigan, 49635 |
Updated : |
2026-01-23 |
| www.ssbankmi.com |
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| Institution Profile |
| Year Opened : |
1901 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
127 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 413,185 |
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Total Interest Income | 22,897 |
| Total Liabilities | 376,433 |
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Total NonInterest Income | 2,038 |
| Total Bank Equity Capital | 36,752 |
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Total Interest Expense | 5,374 |
| Total Deposits | 374,166 |
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Total NonInterest Expense | 17,355 |
| Net Loans & Leases | 307,044 |
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Net Income | 1,558 |
| Loan Loss Allowance | 2,706 |
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Net Charge Offs | (3) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 301,849 |
| Total assets for the leverage ratio | 424,842 |
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Loans secured by real estate: | 274,373 |
| Tier 1 Leverage Ratio | 8.64 |
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Commercial and industrial loans | 25,299 |
| Off Balance Sheet Exposures (%) | 9.01 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,674 |
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:· State Savings Bank
