Vitals
  • Total Assets
    120.9M 3.2 %
  • Total Deposits
    102.5M 6.2 %
  • Total Net Loans
    58.2M -3.7 %
  • Net Income
    734000.0000 18.2 %
  • Book Value
    13.7M -4.0 %
  • Book Value x2
    27.4M -4.0 %
  • Book Value x3
    41.0M -4.0 %
ROAA

.611

ROAE

5.096

Efficiency Ratio

74.298

Net Interest Margin

3.732

Balance Sheet Highlights
Financial Highlights The State Savings Bank Of Manistique All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 120,874 330,697
Total Net Loans 58,202 227,599
Total Deposits 102,473 278,247
Total Equity 13,682 33,935
Profitability
Net Income 734 3,589
Return on Average Assets .611 .954
Return on Average Equity 5.096 8.772
Net Interest Margin 3.732 3.821
Efficiency Ratio 74.298 71.925
Noninterest Income/Revenue 1.809 24.061
Balance Sheet Ratios
Loan-to-Deposit 56.797 76.845
Securities/Assets .437 .16
Total Equity/Total Assets .113 .103
Tangible Equity/Tangible Assets .113 .098
Capital Adequacy
Tier 1 Common Capital 13,947 32,553
Tier 1 Capital 13,947 32,664
Tier 2 Capital 500 2,479
Total Capital 14,447 35,133
Total Risk Weighted Assets 83,247 242,208
Leverage Ratio 11.37 10.341
Common Equity Tier 1 Capital Ratio 16.75 15.339
Tier 1 Capital Ratio 16.75 15.393
Total Capital Ratio 17.35 16.423

Timeline for The State Savings Bank Of Manistique

Lasco Development Corporation

Lasco Development Corporation became a new subsidiary organization for The State Savings Bank Of Manistique.

View Profile Apr 01 2015

Mazzali Insurance Agency, Inc.

Mazzali Insurance Agency, Inc. became a new subsidiary organization for The State Savings Bank Of Manistique.

View Profile Jan 01 2010

Ssb, Inc.

Ssb, Inc. became a new parent organization for The State Savings Bank Of Manistique.

View Profile Feb 10 1986

The State Savings Bank Of Manistique

The State Savings Bank Of Manistique was established 106 years ago and is currently headquartered in Manistique, MI.

Jul 07 1917
Relationships Role Relationship Start Relationship End
Ssb, Inc. Parent 2/10/1986
Lasco Development Corporation Subsidary 12/1/2015
Mazzali Insurance Agency, Inc. Subsidary 1/1/2010
Lasco Development Corporation Subsidary 4/1/2015 11/30/2015
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