FDIC Cert #57626 · Saginaw, Michigan · Est. 2004

1st State Bank - FDIC Bank Health Profile

A community-scale look at 1st State Bank's own numbers, pulled straight from its quarterly FDIC Call Report.

Compiled from official public sources by the publisher.
$480M
Total assets
A
Health grade · Excellent
1.40%
Return on assets
14.7%
Tier 1 capital

Data updated July 2026

The verdict

1st State Bank earns a PlainBankData health grade of A (87/100), with well-capitalized at 14.68% Tier 1, profitable at 1.40% ROA, efficient (59% cost ratio).

#1,846
largest of 4,313 FDIC banks by assets
57th
percentile by asset size, nationally
14.68%
Tier 1 ratio - above the 10% well-capitalized line
69th
percentile for profitability (ROA), nationally

The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.

FDIC Call Report plate

Cert 57626 · MI A · 87/100

GRADE-A · MID-PACK · PHOTO-FINISH · TIER1-WELL · TEXAS-CLEAN · ROA-STRONG · SIZE-MID · BOOK-FULL

  • GRADE-A A (87/100)
  • MID-PACK #1245/4307
  • PHOTO-FINISH Gateway Bank · MN
  • TIER1-WELL 14.7% Tier 1
  • TEXAS-CLEAN 3.4% Texas
  • ROA-STRONG 1.40% ROA
  • SIZE-MID $100M–1B
  • BOOK-FULL 9/9 fields

Nearest health peer outside Michigan: Gateway Bank, MN (±0 health pts)

Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.

Health-score neighbourhood around 1st State Bank

Lowest and highest poles plus nearest scored peers outside Michigan, not a full FDIC corpus board reprint.

Morgan Stanley Bank,… · UT ·…100/1001st State Bank · MI · this b…87/100Gateway Bank · MN · near87/100PCB Bank · CA · near87/100Peach State Bank & T… · GA ·…87/100United Business Bank · CA · …87/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around 1st State Bank · July 2026

Call Report read for 1st State Bank in a high-failure state

1st State Bank (FDIC Cert #57626) carries a PlainBankData health grade of A at 87/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #1,245 of 4,307. Tier 1 capital prints at 14.68%, clearing the 10% well-capitalized line. The Texas Ratio is 3.40%, inside the sub-50% band analysts treat as healthy. Return on assets is 1.40%. Balance-sheet scale is $480M, 1,846th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is Gateway Bank (MN), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.

State failure history around 1st State Bank

14 FAILURE resolutions in Michigan since 2000, heavy vs the state corpus

1st State Bank sits in one of the heavier post-2000 FAILURE states (14 resolutions; latest year 2012). The list below is state history from the Failed Bank List, not a claim about 1st State Bank's current Call Report.

  • FIDELITY BANK DEARBORN, MI 2012 → THE HUNTINGTON NATIONAL BANK
  • COMMUNITY CENTRAL BANK MOUNT CLEMENS, MI 2011 → TALMER BANK AND TRUST
  • PEOPLES STATE BANK HAMTRAMCK, MI 2011 → FIRST MICHIGAN BANK

Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and Michigan banks.

How 1st State Bank's 87/100 score adds up

Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.

0/100100/100National avg77/10087/100
1st State Bank's composite health score
Tier 1 Capital Ratio (14.68%) 35/40
Return on Assets (ROA) (1.40%) 20/25
Texas Ratio (3.40%) 20/20
Efficiency Ratio (58.91%) 12/15

87 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.

Balance sheet at a glance

Total Assets

$480M

Total balance-sheet footings

Total Deposits

$420M

Customer-funded liabilities

Net Loans

$313M

Outstanding loan book

Net Income

$6M

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 3% 6% 9% 12% 15% 18% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 13.28% 14.68% 16.08%
Basel III capital ratios - 1st State Bank

Where 1st State Bank ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. 1st State Bank's score of 87/100 falls in the highlighted band.

1st State Bank: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

87 Top 29% higher than 71% of 4,307 FDIC-insured banks

0–10: 3 FDIC-insured banks (0%). Below this entry. 10–20: 6 FDIC-insured banks (0%). Below this entry. 20–30: 26 FDIC-insured banks (1%). Below this entry. 30–40: 36 FDIC-insured banks (1%). Below this entry. 40–50: 98 FDIC-insured banks (2%). Below this entry. 50–60: 279 FDIC-insured banks (6%). Below this entry. 60–70: 777 FDIC-insured banks (18%). Below this entry. 70–80: 1,030 FDIC-insured banks (24%). Below this entry. 80–90: 1,237 FDIC-insured banks (29%). This entry sits in this band. 90–100: 815 FDIC-insured banks (19%). Above this entry. 1st State Bank 0 100 every FDIC-insured bank with a health score, bucketed by value

Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FDIC Call Reports · July 2026

1st State Bank's size among FDIC-insured banks

Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). 1st State Bank's $480M falls in the highlighted band.

Capital & credit buffers at 1st State Bank

Tier 1 capital ratio
Well-capitalized 10%

14.68% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.

Tier 1 Capital Ratio
14.68%
Texas Ratio
3.40%
Equity Capital
$57M

What these ratios mean →

Earnings posture at 1st State Bank

Return on Assets (ROA)
69th percentile nationally
1.40%
Return on Equity (ROE)
12.28%
Efficiency Ratio
58.91%

What these mean →

Income & expense at 1st State Bank

$25M
Interest Income
$2M
Non-Interest Income
$12M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. 1st State Bank reports a Texas Ratio of 3.40% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.

Texas Ratio
Caution 50%

3.40% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

FDIC Failed Bank List → View 1st State Bank on FDIC BankFind →

Top banks in Michigan by total assets

Largest banks headquartered in Michigan
  1. 1
    Northpointe Bank $7.0B

    Grand Rapids, MI · Grade B

  2. 2
    First National Bank of America $6.7B

    East Lansing, MI · Grade A

  3. 3
    Mercantile Bank $6.2B

    Grand Rapids, MI · Grade A

  4. 4
    Independent Bank $5.5B

    Grand Rapids, MI · Grade B

  5. 5
    ChoiceOne Bank $4.4B

    Sparta, MI · Grade B

Top 5 banks in Michigan ranked by total assets · FDIC Call Report Q4 2025.

Nationwide banks with similar total assets

Nearest other-state banks with ≥$10M assets ($480M here), outside Michigan so the neighborhood is not state containment.

Louisiana National Bank $480M · LA First Northeast Bank of Nebraska $481M · NE Security State Bank $481M · IA First State Bank and Trust $481M · KS

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) 1st State Bank (FDIC Cert #57626) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.

1st State Bank Call Report profile · FDIC Failed Bank List · Michigan FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.

Other banks in Michigan

All Michigan banks →
BankAssetsGradeROA
Northpointe BankGrand Rapids $7.0B B 1.39%
First National Bank of AmericaEast Lansing $6.7B A 2.94%
Mercantile BankGrand Rapids $6.2B A 1.61%
Independent BankGrand Rapids $5.5B B 1.33%
ChoiceOne BankSparta $4.4B B 0.79%
Macatawa Bank, National AssociationHolland $3.7B A 1.39%
Bank of Ann ArborAnn Arbor $3.3B A 1.72%
Isabella BankMount Pleasant $2.2B B 1.02%