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Banks · Michigan

Baybank

Gladstone, MI · FDIC Certificate #1092 · Chartered 07/0

Total assets
$173.38M
Total deposits
$145.83M
Total equity
$17.34M
Net loans
$134.81M
Branches (offices)
3
Net income (YTD)
$1.06M
Rank: #3,158 of 4,213 U.S. banks by assets · #58 of 72 in Michigan. Assets changed 5.0% and deposits 0.4% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.23%
Return on equity12.41%
Net interest margin (YTD)4.81%
Equity to assets10.00%
Tier 1 leverage ratio10.71%
Uninsured deposits (share of deposits)19.6%
Noncurrent loans (share of loans)2.02%
Net charge-offs (share of loans)0.06%
Loans to deposits92.4%
Real estate loans (share of loans)69.5%

Loan mix

CategoryAmountShare
Real estate loans$93.75M
69.5%
Commercial & industrial$23.68M
17.6%
Consumer / individual$19.16M
14.2%
Construction & development$6.82M
5.1%
Agricultural$120.00K
0.1%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$133.37M$118.39M$784.00K$10.51M
Jun 2023$146.57M$129.28M$670.00K$11.21M
Jun 2024$154.95M$136.61M$831.00K$12.96M
Jun 2025$165.06M$145.18M$1.06M$15.29M
Jun 2026$173.38M$145.83M$1.06M$17.34M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Michigan$145.83M3

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $145.83M.

Similar-sized banks

The Goose River Bank ($173.43M) · Dewitt Savings Bank ($173.23M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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