First State Bank of Michigan
Decatur, MI · State member commercial bank
Sonar Score
Caution
out of 100 · from public FDIC data
Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $83.2M
- Total deposits
- $66.8M
- Branches
- 2
- Return on assets
- -1.35%
- Return on equity
- -7.23%
- Charter type
- State member commercial bank
- Established
- 1870
- FDIC cert #
- 12893
How the 20 breaks down
Capital ratio not reported.
Operating at a loss in the latest period.
Negative returns on equity this period.
Community-scale institution.
Your deposits at First State Bank of Michigan
First State Bank of Michigan is an FDIC-insured institution (Cert #12893). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →
2 branch locations
232 E State St
Traverse City, MI 49684
124 S Phelps St
Decatur, MI 49045
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