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 Chelsea State Bank
Chelsea State Bank
| RSSD ID 711548 | CERTIFICATE 14009 | ABA NUMBER 72403635 |
| 1010 S Main St |
Quarter Ended : |
2025-12-31 |
| Chelsea, Michigan, 48118 |
Updated : |
2026-01-28 |
| www.chelseastate.bank |
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| Institution Profile |
| Year Opened : |
1897 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
64 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 413,915 |
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Total Interest Income | 21,455 |
| Total Liabilities | 365,896 |
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Total NonInterest Income | 1,232 |
| Total Bank Equity Capital | 48,019 |
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Total Interest Expense | 4,908 |
| Total Deposits | 363,019 |
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Total NonInterest Expense | 10,510 |
| Net Loans & Leases | 248,428 |
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Net Income | 7,474 |
| Loan Loss Allowance | 4,029 |
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Net Charge Offs | (18) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 56,727 |
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Total loans | 254,253 |
| Total assets for the leverage ratio | 420,236 |
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Loans secured by real estate: | 178,957 |
| Tier 1 Leverage Ratio | 12.68 |
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Commercial and industrial loans | 60,313 |
| Tier 1 Capital Ratio | 19.38 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 20.63 |
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Loans to individuals - Other | 1,569 |
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:· Chelsea State Bank
