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 The Port Austin State Bank
The Port Austin State Bank
| RSSD ID 779641 | CERTIFICATE 14999 | ABA NUMBER 72405206 |
| 62 E State St |
Quarter Ended : |
2025-12-31 |
| Port Austin, Michigan, 48467 |
Updated : |
2026-01-04 |
| www.portaustinbank.com |
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| Institution Profile |
| Year Opened : |
1884 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
1 |
Number of Employees : |
9 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 65,894 |
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Total Interest Income | 3,138 |
| Total Liabilities | 53,671 |
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Total NonInterest Income | 42 |
| Total Bank Equity Capital | 12,223 |
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Total Interest Expense | 581 |
| Total Deposits | 53,050 |
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Total NonInterest Expense | 1,395 |
| Net Loans & Leases | 43,968 |
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Net Income | 1,193 |
| Loan Loss Allowance | 323 |
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Net Charge Offs | 1 |
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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 | 44,216 |
| Total assets for the leverage ratio | 67,519 |
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Loans secured by real estate: | 38,596 |
| Tier 1 Leverage Ratio | 17.97 |
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Commercial and industrial loans | 1,097 |
| Off Balance Sheet Exposures (%) | 6.37 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 2,063 |
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:· The Port Austin State Bank
