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 First State Bank of Michigan
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First State Bank of Michigan
| RSSD ID 654047 | CERTIFICATE 12893 | ABA NUMBER 72404197 |
| 124 S Phelps St |
Quarter Ended : |
2026-06-30 |
| Decatur, Michigan, 49045 |
Updated : |
2026-07-30 |
| www.fsbdecatur.com |
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| Institution Profile |
| Year Opened : |
1870 |
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 : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
20 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 87,760 |
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Total Interest Income | 2,234 |
| Total Liabilities | 72,883 |
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Total NonInterest Income | 58 |
| Total Bank Equity Capital | 14,877 |
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Total Interest Expense | 792 |
| Total Deposits | 71,572 |
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Total NonInterest Expense | 1,999 |
| Net Loans & Leases | 63,202 |
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Net Income | (552) |
| Loan Loss Allowance | 609 |
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Net Charge Offs | 0 |
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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 | 56,144 |
| Total assets for the leverage ratio | 81,475 |
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Loans secured by real estate: | 25,590 |
| Tier 1 Leverage Ratio | 13.89 |
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Commercial and industrial loans | 28,722 |
| Off Balance Sheet Exposures (%) | 6.73 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,066 |
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:· First State Bank of Michigan
