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BlastPoint's Banking Scorecard

Chelsea State Bank

$100M-$1B Specialty: Commercial MI FDIC cert 14009

Chelsea, MI

4 branches across MI

2664 banks in the $100M-$1B peer group nationally 46 in MI
View $100M-$1B leaderboard (MI) →

Chelsea State Bank faces 3 concerns requiring attention

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

No key strengths identified

Key Concerns

Areas that may need attention

  • - Margin Compression: Bottom 12.8% in tier
  • - Cost Spiral: Bottom 87.3% in tier
  • - Delinquency Rate 0.37% above tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Total Assets ? $422.3M
+2.0% YoY +2.0% QoQ
+$36.3M $386.1M
+0.5% YoY
$993.6M
+8.4% YoY
$6.2B
+9.1% YoY
64%
Total Loans ? $252.6M
-2.1% YoY +1.7% QoQ
-$3.1M $255.7M
+1.1% YoY
$752.3M
+12.4% YoY
$3.2B
+10.8% YoY
60%
Total Deposits ? $373.1M
+1.8% YoY +2.8% QoQ
+$45.2M $328.0M
+0.1% YoY
$797.0M
+7.4% YoY
$4.8B
+8.2% YoY
66%
Return on Assets ? 1.29%
-27.9% YoY -29.0% QoQ
+0.02% 1.27%
+12.9% YoY
1.15%
+25.2% YoY
1.23%
+13.4% YoY
55%
Net Interest Margin ? 3.94%
-5.3% YoY -8.3% QoQ
+0.01% 3.93%
+6.0% YoY
3.99%
+5.8% YoY
3.89%
+5.7% YoY
54%
Efficiency Ratio ? 66.45%
+17.3% YoY +12.4% QoQ
+1.17% 65.29%
-4.5% YoY
66.95%
-6.2% YoY
66.95%
-4.1% YoY
41%
Delinquency Rate ? 1.25%
-2.0% QoQ
+0.37% 0.89%
+18.8% YoY
0.77%
+21.7% YoY
0.95%
+18.8% YoY
23%
Loan-to-Deposit Ratio ? 67.69%
-3.8% YoY -1.1% QoQ
-8.95% 76.64%
+0.8% YoY
78.66%
+4.9% YoY
76.70%
+0.9% YoY
71%
Non-Interest-Bearing Deposit Share ? 28.68%
-1.0% YoY -1.1% QoQ
+6.66% 22.02%
-1.0% YoY
24.69%
-2.1% YoY
22.01%
-1.2% YoY
79%
Nonperforming Asset Ratio ? 0.89%
+341.4% YoY -2.3% QoQ
+0.25% 0.64%
+19.7% YoY
0.58%
+27.6% YoY
0.67%
+19.3% YoY
23%
Tier 1 Capital Ratio ? 18.70%
+3.4% YoY -3.5% QoQ
+2.87% 15.83%
+1.5% YoY
20.91%
+0.5% YoY
17.06%
+0.8% YoY
83%
Non-Interest Income / Assets ? 0.07%
+17.0% YoY -75.5% QoQ
-0.21% 0.28%
+9.3% YoY
0.19%
+5.8% YoY
0.32%
+4.1% YoY
34%

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 are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (2)

Margin Compression

decline
#40 of 305 • Bottom 12.8% in tier

Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.

Why this signature
Return on Assets: 1.29%
(Tier: 1.27%, National: 1.23%)
better than tier avg
305 of 305 Community banks match · 407 nationally
↑ Growing +94 banks QoQ

Cost Spiral

risk
#111 of 126 • Bottom 87.3% in tier

Historically lean operator (efficiency < 75%) now seeing 5+ point efficiency ratio increase YoY despite strong profitability. Efficiency advantage eroding.

Why this signature
Efficiency Ratio: 66.45%
(Tier: 65.29%, National: 66.95%)
worse than tier avg
126 of 126 Community banks match · 176 nationally
↑ Growing +82 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2664 peers in $100M-$1B

Top Strengths (2 metrics)

443
Tier 1 Capital Ratio
capital
Value: 18.70%
Peer Median: 15.83%
#443 of 2664 Top 16.6% in $100M-$1B
570
Non-Interest-Bearing Deposit Share
funding
Value: 28.68%
Peer Median: 22.02%
#570 of 2664 Top 21.4% in $100M-$1B

Top Weaknesses (2 metrics)

2064
Nonperforming Asset Ratio
credit_quality
Value: 0.89%
Peer Median: 0.64%
#2064 of 2664 Bottom 22.6% in $100M-$1B
2040
Delinquency Rate
credit_quality
Value: 1.25%
Peer Median: 0.89%
#2040 of 2654 Bottom 23.2% in $100M-$1B
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