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 Central Savings Bank
Central Savings Bank
| RSSD ID 382050 | CERTIFICATE 1095 | ABA NUMBER 91101280 |
| 511 Bingham Ave |
Quarter Ended : |
2025-09-30 |
| Sault Sainte Marie, Michigan, 49783 |
Updated : |
2025-10-14 |
| www.centralsavingsbank.com |
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| Institution Profile |
| Year Opened : |
1902 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
69 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 486,115 |
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Total Interest Income | 18,860 |
| Total Liabilities | 446,035 |
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Total NonInterest Income | 2,149 |
| Total Bank Equity Capital | 40,080 |
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Total Interest Expense | 3,717 |
| Total Deposits | 442,747 |
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Total NonInterest Expense | 7,986 |
| Net Loans & Leases | 277,595 |
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Net Income | 5,486 |
| Loan Loss Allowance | 3,909 |
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Net Charge Offs | 6 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 49,119 |
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Total loans | 276,604 |
| Total assets for the leverage ratio | 483,704 |
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Loans secured by real estate: | 213,973 |
| Tier 1 Leverage Ratio | 9.33 |
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Commercial and industrial loans | 37,082 |
| Tier 1 Capital Ratio | 14.08 |
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Loans to individuals - Credit Cards | 346 |
| Total Capital Ratio | 15.32 |
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Loans to individuals - Other | 24,338 |
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:· Central Savings Bank
