BlastPoint's Banking Scorecard
First State Bank of Michigan
Designations: ✓ Community bank
Decatur, MI
2 branches across MI
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 536 banks in the under $100M peer group nationwide — 1 of 7 in MI.
- Deposits +55.0% year over year ($71.6M on the books).
- Delinquency rate 0.89%.
- Return on assets -1.32%.
- Efficiency ratio 128.47% vs a 119.40% peer average.
- Loan-to-deposit ratio 88.31% vs a 74.21% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
First State Bank of Michigan has 1 strength but faces 3 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Delinquency Rate 0.59% below tier average
Key Concerns
Areas that may need attention
- - Return on Assets 2.31% below tier average
- - Efficiency Ratio 9.07% above tier average
- - Net Interest Margin 0.14% below tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$87.8M
+41.0% YoY
+5.5% QoQ
|
+$25.3M |
$62.4M
-0.0% YoY
|
$1.0B
+6.5% YoY
|
$6.3B
+7.7% YoY
|
84% |
| Total Loans ? |
$63.2M
+115.5% YoY
+24.8% QoQ
|
+$28.3M |
$34.9M
-0.6% YoY
|
$767.2M
+9.2% YoY
|
$3.2B
+9.4% YoY
|
Top 10.6% in tier |
| Total Deposits ? |
$71.6M
+55.0% YoY
+7.2% QoQ
|
+$19.9M |
$51.6M
-0.2% YoY
|
$806.0M
+5.9% YoY
|
$4.9B
+7.3% YoY
|
77% |
| Return on Assets ? |
-1.32%
+11.3% YoY
+2.7% QoQ
|
-2.31% |
1.00%
+3.5% YoY
|
1.18%
+20.1% YoY
|
1.30%
+12.1% YoY
|
Bottom 5.6% in tier |
| Net Interest Margin ? |
3.77%
-22.6% YoY
+2.9% QoQ
|
-0.14% |
3.91%
+2.3% YoY
|
4.06%
+4.7% YoY
|
3.95%
+4.9% YoY
|
44% |
| Efficiency Ratio ? |
128.47%
+6.0% YoY
+1.7% QoQ
|
+9.07% |
119.40%
+49.6% YoY
|
65.90%
-5.4% YoY
|
70.05%
+2.5% YoY
|
Bottom 6.2% in tier |
| Delinquency Rate ? |
0.89%
-20.1% YoY
-20.0% QoQ
|
-0.59% |
1.48%
+31.8% YoY
|
0.85%
+32.2% YoY
|
0.98%
+16.3% YoY
|
40% |
| Loan-to-Deposit Ratio ? |
88.31%
+39.1% YoY
+16.4% QoQ
|
+14.10% |
74.21%
+12.6% YoY
|
80.02%
+3.0% YoY
|
79.03%
+2.3% YoY
|
20% |
| Non-Interest-Bearing Deposit Share ? |
25.72%
+26.8% YoY
+109.2% QoQ
|
+2.23% |
23.49%
+0.6% YoY
|
25.55%
-0.4% YoY
|
21.98%
-0.6% YoY
|
61% |
| Nonperforming Asset Ratio ? |
0.71%
+36.4% YoY
+5.6% QoQ
|
-0.12% |
0.84%
+23.0% YoY
|
0.65%
+27.6% YoY
|
0.69%
+15.8% YoY
|
31% |
| Tier 1 Capital Ratio ? |
13.89%
-34.3% YoY
-5.8% QoQ
|
-13.23% |
27.13%
+3.0% YoY
|
20.80%
-0.9% YoY
|
17.09%
+0.8% YoY
|
39% |
| Non-Interest Income / Assets ? |
0.07%
-32.6% YoY
+96.3% QoQ
|
-1.31% |
1.38%
+6.3% YoY
|
0.38%
+3.3% YoY
|
0.66%
+5.2% YoY
|
24% |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
25.7%
+5.4pp YoY +13.4pp QoQ |
+1.1pp | 24.6% | 25.9% | 22.2% | 58% |
| Brokered Deposits |
34.1%
+0.4pp QoQ |
+24.3pp | 9.8% | 12.3% | 8.5% | 96% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
49.0%
+37.8pp YoY -3.7pp QoQ |
+35.6pp | 13.4% | 12.8% | 12.5% | 99% |
| CRE | n/a | n/a | 25.2% | 45.9% | 41.4% | n/a |
| 1-4 Family |
39.2%
-25.2pp YoY +7.0pp QoQ |
+4.2pp | 35.0% | 33.6% | 31.3% | 61% |
| Consumer |
2.8%
-3.7pp YoY -1.0pp QoQ |
-4.9pp | 7.7% | 4.6% | 5.0% | 28% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio | n/a | n/a | 38.7% | 26.9% | 19.7% | n/a |
| Leverage Ratio |
13.9%
-7.3pp YoY -0.8pp QoQ |
-3.8pp | 17.7% | 12.3% | 12.6% | 61% |
| Total Capital Ratio | n/a | n/a | 39.7% | 27.9% | 20.8% | n/a |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
20
+1 (+5.3%) YoY -2 (-9.1%) QoQ |
+8 | 12 | 134 | 482 | 88% |
| Assets per Employee ($) |
$4.4M
+33.9% YoY +16.1% QoQ |
-$1.8M | $6.2M | $6.8M | $8.8M | 27% |
| Branch Count |
2
+1 (+100.0%) YoY 0 QoQ |
+0 | 1 | 9 | 18 | 63% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days |
0.1%
-1.0pp YoY |
-0.9pp | 1.0% | 0.2% | 0.4% | 21% |
| Nonaccrual |
0.8%
-0.3pp QoQ |
-0.9pp | 1.7% | 0.8% | 1.0% | 53% |
| Allowance Coverage |
1.09x
-11.0% YoY +0.2% QoQ |
-5.32x | 6.41x | 6.79x | 20.23x | 46% |
| Net Charge-off Rate (YTD) | n/a | n/a | 0.2% | 0.1% | 0.2% | n/a |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
-7.3%
-1.3pp YoY 0.0pp QoQ |
-13.7pp | 6.4% | 11.7% | 11.6% | 6% |
| Cost of Funds (YTD) |
2.1%
+1.1pp YoY 0.0pp QoQ |
+0.6pp | 1.4% | 1.5% | 1.7% | 85% |
| Net Income ($, YTD) |
$-552000.0
-20.3% YoY — QoQ |
-$870K | $317,817 | $7.3M | $40.4M | 4% |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.