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Central Savings Bank
Sault Sainte Marie, MI · FDIC Certificate #1095 · Chartered 12/0
Total assets
$516.76M
Total deposits
$447.41M
Total equity
$45.08M
Net loans
$343.49M
Branches (offices)
9
Net income (YTD)
$5.08M
Rank: #1,743 of 4,213 U.S. banks by assets · #32 of 72 in Michigan. Assets changed 12.4% and deposits 6.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 2.04% |
| Return on equity | 23.61% |
| Net interest margin (YTD) | 4.88% |
| Equity to assets | 8.72% |
| Tier 1 leverage ratio | 9.54% |
| Uninsured deposits (share of deposits) | 45.6% |
| Noncurrent loans (share of loans) | 0.16% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 76.8% |
| Real estate loans (share of loans) | 65.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $223.43M | 65.0% | |
| Commercial & industrial | $47.44M | 13.8% | |
| Consumer / individual | $23.70M | 6.9% | |
| Construction & development | $14.22M | 4.1% | |
| Agricultural | $7.00K | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $406.64M | $377.52M | $2.45M | $21.06M |
| Jun 2023 | $403.84M | $378.71M | $2.55M | $22.53M |
| Jun 2024 | $452.46M | $420.55M | $3.18M | $28.64M |
| Jun 2025 | $459.71M | $418.67M | $3.48M | $36.73M |
| Jun 2026 | $516.76M | $447.41M | $5.08M | $45.08M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $447.41M | 9 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $447.41M.
Similar-sized banks
Armor Bank ($516.93M) · Chino Commercial Bank, N.A. ($516.69M)
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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