Total Assets
$344M
Total balance-sheet footings
FDIC Cert #5074 · St. Ignace, Michigan · Est. 1888
The First National Bank of St. Ignace - 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.
- $344M
- Total assets
- C
- Health grade · Fair
- -0.01%
- Return on assets
- 16.0%
- Tier 1 capital
Data updated July 2026
The verdict
The First National Bank of St. Ignace earns a PlainBankData health grade of C (60/100), with well-capitalized at 16.01% Tier 1, -0.01% ROA, 91% efficiency ratio.
- #2,306
- largest of 4,313 FDIC banks by assets
- 47th
- percentile by asset size, nationally
- 16.01%
- Tier 1 ratio - above the 10% well-capitalized line
- 5th
- 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 5074 · MI C · 60/100
GRADE-C · LOWER-Q · PHOTO-FINISH · TIER1-WELL · TEXAS-CLEAN · ROA-LOSS · SIZE-MID · BOOK-FULL
- GRADE-C C (60/100)
- LOWER-Q #3788/4307
- PHOTO-FINISH Star Bank · MN
- TIER1-WELL 16.0% Tier 1
- TEXAS-CLEAN 4.2% Texas
- ROA-LOSS -0.01% ROA
- SIZE-MID $100M–1B
- BOOK-FULL 9/9 fields
Nearest health peer outside Michigan: Star 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 The First National Bank of St. Ignace
Lowest and highest poles plus nearest scored peers outside Michigan, not a full FDIC corpus board reprint.
Call Report read for The First National Bank of St. Ignace in a high-failure state
The First National Bank of St. Ignace (FDIC Cert #5074) carries a PlainBankData health grade of C at 60/100, 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 #3,788 of 4,307. Tier 1 capital prints at 16.01%, clearing the 10% well-capitalized line. The Texas Ratio is 4.22%, inside the sub-50% band analysts treat as healthy. Return on assets is -0.01%. Balance-sheet scale is $344M, 2,306th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is Star 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 The First National Bank of St. Ignace
14 FAILURE resolutions in Michigan since 2000, heavy vs the state corpus
The First National Bank of St. Ignace 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 The First National Bank of St. Ignace'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 The First National Bank of St. Ignace's 60/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Tier 1 Capital Ratio (16.01%) 40/40
Return on Assets (ROA) (-0.01%) 0/25
Texas Ratio (4.22%) 20/20
Efficiency Ratio (91.22%) 0/15
60 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$324M
Customer-funded liabilities
Net Loans
$107M
Outstanding loan book
Net Income
$-25K
Bottom-line earnings
Capital adequacy vs federal thresholds
Where The First National Bank of St. Ignace ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. The First National Bank of St. Ignace's score of 60/100 falls in the highlighted band.
The First National Bank of St. Ignace: health score vs. every FDIC-insured bank
0-100 composite health score, FDIC Call Reports
60 12th percentile higher than 12% of 4,307 FDIC-insured banks
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
The First National Bank of St. Ignace'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). The First National Bank of St. Ignace's $344M falls in the highlighted band.
Capital & credit buffers at The First National Bank of St. Ignace
Tier 1 capital ratio
Well-capitalized 10%
16.01% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
16.01%
Texas Ratio
4.22%
Equity Capital
$18M
Profitability metrics: The First National Bank of St. Ignace
Return on Assets (ROA)
5th percentile nationally
-0.01%
Return on Equity (ROE)
-0.18%
Efficiency Ratio
91.22%
Income & expense: loss period at The First National Bank of St. Ignace
$10M
Interest Income
$1M
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. The First National Bank of St. Ignace reports a Texas Ratio of 4.22% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
4.22% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
What to watch at The First National Bank of St. Ignace
The First National Bank of St. Ignace's grade of C reflects specific pressure points in the FDIC Call Report. The bank reported negative net income of $-25K for the period, a loss that, if sustained, erodes the equity cushion.
Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at The First National Bank of St. Ignace 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.
Top banks in Michigan by total assets
Nationwide banks with similar total assets
Nearest other-state banks with ≥$10M assets ($344M here), outside Michigan so the neighborhood is not state containment.
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) The First National Bank of St. Ignace (FDIC Cert #5074) - 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.
The First National Bank of St. Ignace 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 →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| 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% |