FDIC Cert #57192 · Ironwood, Michigan · Est. 2002

Gogebic Range Bank - FDIC Bank Health Profile

This profile flags real pressure points from the bank's own quarterly Call Report, read past the headline grade before drawing conclusions.

Compiled from official public sources by the publisher.
$143M
Total assets
F
Health grade · At Risk
-2.09%
Return on assets
8.1%
Tier 1 capital

Data updated July 2026

The verdict

Gogebic Range Bank earns a PlainBankData health grade of F (34/100), with 8.15% Tier 1 capital, -2.09% ROA, 153% efficiency ratio.

#3,414
largest of 4,313 FDIC banks by assets
21st
percentile by asset size, nationally
8.15%
Tier 1 ratio - below the 10% well-capitalized line
1st
percentile for profitability (ROA), nationally

A weak grade is PlainBankData's own read of the Call Report data, not an official FDIC rating, and it does not change your insurance coverage: every dollar stays protected to $250,000 per depositor, per category.

FDIC Call Report plate

Cert 57192 · MI F · 34/100

GRADE-F · BOTTOM-DECILE · PHOTO-FINISH · TIER1-ADEQ · TEXAS-CLEAN · ROA-LOSS · SIZE-MID · BOOK-FULL

  • GRADE-F F (34/100)
  • BOTTOM-DECILE #4268/4307
  • PHOTO-FINISH Slovenian Savings an… · PA
  • TIER1-ADEQ 8.1% Tier 1
  • TEXAS-CLEAN 13.5% Texas
  • ROA-LOSS -2.09% ROA
  • SIZE-MID $100M–1B
  • BOOK-FULL 9/9 fields

Nearest health peer outside Michigan: Slovenian Savings and Loan Association of Franklin-Conemaugh, PA (±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 Gogebic Range Bank

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

Morgan Stanley Bank,… · UT ·…100/100Pacific West Bank · OR · near35/100Bank of Little Rock · AR · n…34/100Gogebic Range Bank · MI · th…34/100Slovenian Savings an… · PA ·…34/100The First National B… · OH ·…34/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around Gogebic Range Bank · July 2026

Call Report read for Gogebic Range Bank in a high-failure state

Gogebic Range Bank (FDIC Cert #57192) carries a PlainBankData health grade of F at 34/100, 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 #4,268 of 4,307. Tier 1 capital prints at 8.15%, missing the 10% well-capitalized line. The Texas Ratio is 13.54%, inside the sub-50% band analysts treat as healthy. Return on assets is -2.09%. Balance-sheet scale is $143M, 3,414th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is Slovenian Savings and Loan Association of Franklin-Conemaugh (PA), 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 Gogebic Range Bank

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

Gogebic Range 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 Gogebic Range 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 Gogebic Range Bank's 34/100 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 avg77/10034/100
Gogebic Range Bank's composite health score
Tier 1 Capital Ratio (8.15%) 18/40
Return on Assets (ROA) (-2.09%) 0/25
Texas Ratio (13.54%) 16/20
Efficiency Ratio (152.71%) 0/15

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

Balance sheet at a glance

Total Assets

$143M

Total balance-sheet footings

Total Deposits

$131M

Customer-funded liabilities

Net Loans

$58M

Outstanding loan book

Net Income

$-2,984K

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 2% 4% 6% 8% 10% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 6.75% 8.15% 9.55%
Basel III capital ratios - Gogebic Range Bank

Where Gogebic Range Bank ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Gogebic Range Bank's score of 34/100 falls in the highlighted band.

Gogebic Range Bank: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

34 1st percentile higher than 1% 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%). This entry sits in this band. 40–50: 98 FDIC-insured banks (2%). Above this entry. 50–60: 279 FDIC-insured banks (6%). Above this entry. 60–70: 777 FDIC-insured banks (18%). Above this entry. 70–80: 1,030 FDIC-insured banks (24%). Above this entry. 80–90: 1,237 FDIC-insured banks (29%). Above this entry. 90–100: 815 FDIC-insured banks (19%). Above this entry. Gogebic Range 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

Gogebic Range 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). Gogebic Range Bank's $143M falls in the highlighted band.

Capital & credit buffers at Gogebic Range Bank

Tier 1 capital ratio
Well-capitalized 10%

8.15% of risk-weighted assets - below the federal "well-capitalized" threshold of 10%.

Tier 1 Capital Ratio
8.15%
Texas Ratio
13.54%
Equity Capital
$9M

What these ratios mean →

Profitability metrics: Gogebic Range Bank

Return on Assets (ROA)
1st percentile nationally
-2.09%
Return on Equity (ROE)
-27.30%
Efficiency Ratio
152.71%

What these mean →

Income & expense: loss period at Gogebic Range Bank

$6M
Interest Income
$472K
Non-Interest Income
$8M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. Gogebic Range Bank reports a Texas Ratio of 13.54% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.

Texas Ratio
Caution 50%

13.54% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

What to watch at Gogebic Range Bank

Gogebic Range Bank's grade of F reflects specific pressure points in the FDIC Call Report. The bank reported negative net income of $-2,984K for the period, a loss that, if sustained, erodes the equity cushion. Its Tier 1 capital ratio of 8.15% is below the 10% "well-capitalized" benchmark.

Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at Gogebic Range Bank up to $250,000 per depositor, per ownership category. A weak grade signals institutional financial stress for analysts, it is not a prediction of failure, and it does not affect insured-deposit safety.

FDIC Failed Bank List → View Gogebic Range 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 ($143M here), outside Michigan so the neighborhood is not state containment.

The Iuka State Bank $142M · IL The First National Bank of Litchfield $143M · IL Community Bank of Pleasant Hill $143M · MO State Bank of Table Rock $143M · NE

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Gogebic Range Bank (FDIC Cert #57192) - 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.

Gogebic Range 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%