Advertisement
Chelsea State Bank
Chelsea, MI · FDIC Certificate #14009 · Chartered 12/1
Total assets
$416.53M
Total deposits
$365.97M
Total equity
$48.07M
Net loans
$252.37M
Branches (offices)
4
Net income (YTD)
$3.28M
Rank: #2,013 of 4,213 U.S. banks by assets · #40 of 72 in Michigan. Assets changed 2.9% and deposits 2.4% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.57% |
| Return on equity | 13.88% |
| Net interest margin (YTD) | 4.14% |
| Equity to assets | 11.54% |
| Tier 1 leverage ratio | 12.76% |
| Uninsured deposits (share of deposits) | 25.5% |
| Noncurrent loans (share of loans) | 1.33% |
| Net charge-offs (share of loans) | -0.01% |
| Loans to deposits | 69.0% |
| Real estate loans (share of loans) | 72.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $182.21M | 72.2% | |
| Commercial & industrial | $67.68M | 26.8% | |
| Consumer / individual | $1.40M | 0.6% | |
| Construction & development | $5.13M | 2.0% | |
| Agricultural | $2.75M | 1.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $429.27M | $392.70M | $2.96M | $34.68M |
| Jun 2023 | $412.24M | $373.55M | $4.31M | $36.72M |
| Jun 2024 | $407.21M | $363.97M | $2.94M | $40.52M |
| Jun 2025 | $404.67M | $357.41M | $3.64M | $44.57M |
| Jun 2026 | $416.53M | $365.97M | $3.28M | $48.07M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $365.97M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $365.97M.
Similar-sized banks
Dakota Heritage Bank ($416.75M) · Farmers State Bank Of Calhan ($416.38M)
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.
Advertisement