BlastPoint's Banking Scorecard
First State Bank of Michigan
Micro
Specialty: Commercial
MI
FDIC cert 12893
Designations: ✓ Community bank
Decatur, MI
2498
banks in Micro tier nationally
41 in MI
View Micro leaderboard (MI) →
First State Bank of Michigan faces 2 concerns requiring attention
Key Strengths
Areas where this bank excels compared to peers
No key strengths identified
Key Concerns
Areas that may need attention
- - Return on Assets 2.57% below tier
- - Efficiency Ratio 52.19% above tier
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$80.5M
+35.0% YoY
+23.4% QoQ
|
-$136.9M |
$217.5M
+2.3% YoY
|
$973.2M
+11.1% YoY
|
$5.9B
+6.5% YoY
|
16% |
| Total Loans ? |
$43.4M
+67.2% YoY
+29.3% QoQ
|
-$95.8M |
$139.2M
+2.8% YoY
|
$732.6M
+14.8% YoY
|
$3.1B
+8.5% YoY
|
17% |
| Total Deposits ? |
$64.8M
+46.9% YoY
+31.5% QoQ
|
-$118.9M |
$183.7M
+1.8% YoY
|
$781.1M
+10.4% YoY
|
$4.7B
+6.3% YoY
|
15% |
| Return on Assets ? |
-1.48%
-82.3% YoY
+0.2% QoQ
|
-2.57% |
1.08%
+14.7% YoY
|
1.09%
+9.6% YoY
|
1.12%
+15.6% YoY
|
Bottom 2% in tier |
| Net Interest Margin ? |
4.62%
+456.1% YoY
-5.4% QoQ
|
+0.77% |
3.85%
+6.6% YoY
|
3.97%
+7.8% YoY
|
3.75%
+7.1% YoY
|
82% |
| Efficiency Ratio ? |
119.92%
-0.7% YoY
-0.8% QoQ
|
+52.19% |
67.73%
-4.8% YoY
|
66.94%
-3.1% YoY
|
65.09%
-5.1% YoY
|
Bottom 2% in tier |
| Delinquency Rate ? |
2.00%
+488.6% YoY
+22.0% QoQ
|
+1.36% |
0.64%
+24.4% YoY
|
0.80%
+62.9% YoY
|
0.66%
+20.3% YoY
|
Bottom 13% in tier |
| Loan-to-Deposit Ratio ? |
66.96%
+13.8% YoY
-1.7% QoQ
|
-7.56% |
74.53%
+0.5% YoY
|
78.71%
+2.4% YoY
|
78.04%
+0.7% YoY
|
66% |
| Non-Interest-Bearing Deposit Share ? |
13.06%
-33.5% YoY
-24.3% QoQ
|
-9.33% |
22.39%
-1.3% YoY
|
25.17%
-2.2% YoY
|
21.79%
-1.3% YoY
|
18% |
| Nonperforming Asset Ratio ? |
1.08%
+628.7% YoY
+27.9% QoQ
|
+0.62% |
0.45%
+25.1% YoY
|
0.57%
+48.1% YoY
|
0.48%
+20.8% YoY
|
18% |
| Tier 1 Capital Ratio ? | 0.00% | -8.85% |
8.85%
-3.4% YoY
|
9.37%
-0.1% YoY
|
9.75%
-1.9% YoY
|
51% |
| Non-Interest Income / Assets ? |
0.15%
+323.2% YoY
+6.9% QoQ
|
-0.41% |
0.56%
+0.3% YoY
|
0.78%
-0.1% YoY
|
0.65%
+0.6% YoY
|
Bottom 15% in tier |
Signature Analysis
Strengths (0)
No strengths identified
Concerns (2)
Return on Assets
metric
Bottom 2%
in Micro
Why this stands out
Current:
-1.48%
(Tier avg: 1.08%, National avg: 1.12%)
Efficiency Ratio
metric
Bottom 2%
in Micro
Why this stands out
Current:
119.92%
(Tier avg: 67.73%, National avg: 65.09%)
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
82
82th pctile
Net Interest Margin
Current: 4.62% · Tier avg: 3.85%
66
66th pctile
Loan-to-Deposit Ratio
Current: 66.96% · Tier avg: 74.53%
51
51th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 8.85%
18
18th pctile
Non-Interest-Bearing Deposit Share
Current: 13.06% · Tier avg: 22.39%
18
18th pctile
Nonperforming Asset Ratio
Current: 1.08% · Tier avg: 0.45%
17
17th pctile
Total Loans
Current: $43.4M · Tier avg: $139.2M
16
16th pctile
Total Assets
Current: $80.5M · Tier avg: $217.5M
15
15th pctile
Total Deposits
Current: $64.8M · Tier avg: $183.7M
15
15th pctile
Non-Interest Income / Assets
Current: 0.15% · Tier avg: 0.56%
13
13th pctile
Delinquency Rate
Current: 2.00% · Tier avg: 0.64%
2
2th pctile
Efficiency Ratio
Current: 119.92% · Tier avg: 67.73%
2
2th pctile
Return on Assets
Current: -1.48% · Tier avg: 1.08%
Top Weaknesses
2
2th pctile
Return on Assets
Current: -1.48% · Tier avg: 1.08%
2
2th pctile
Efficiency Ratio
Current: 119.92% · Tier avg: 67.73%
13
13th pctile
Delinquency Rate
Current: 2.00% · Tier avg: 0.64%
15
15th pctile
Non-Interest Income / Assets
Current: 0.15% · Tier avg: 0.56%
15
15th pctile
Total Deposits
Current: $64.8M · Tier avg: $183.7M
16
16th pctile
Total Assets
Current: $80.5M · Tier avg: $217.5M
17
17th pctile
Total Loans
Current: $43.4M · Tier avg: $139.2M
18
18th pctile
Nonperforming Asset Ratio
Current: 1.08% · Tier avg: 0.45%
18
18th pctile
Non-Interest-Bearing Deposit Share
Current: 13.06% · Tier avg: 22.39%
51
51th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 8.85%
66
66th pctile
Loan-to-Deposit Ratio
Current: 66.96% · Tier avg: 74.53%
82
82th pctile
Net Interest Margin
Current: 4.62% · Tier avg: 3.85%