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Citizens National Bank Of Cheboygan
Cheboygan, MI · FDIC Certificate #5018 · Chartered 01/2
Total assets
$470.96M
Total deposits
$435.80M
Total equity
$21.47M
Net loans
$264.75M
Branches (offices)
10
Net income (YTD)
$1.72M
Rank: #1,855 of 4,213 U.S. banks by assets · #36 of 72 in Michigan. Assets changed 0.4% and deposits -1.3% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.73% |
| Return on equity | 16.39% |
| Net interest margin (YTD) | 4.03% |
| Equity to assets | 4.56% |
| Tier 1 leverage ratio | 8.49% |
| Uninsured deposits (share of deposits) | 26.2% |
| Noncurrent loans (share of loans) | 1.47% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 60.8% |
| Real estate loans (share of loans) | 86.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $228.81M | 86.4% | |
| Commercial & industrial | $22.19M | 8.4% | |
| Consumer / individual | $14.05M | 5.3% | |
| Construction & development | $15.33M | 5.8% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $488.35M | $469.28M | $1.24M | $4.14M |
| Jun 2023 | $490.61M | $451.48M | $1.61M | $4.25M |
| Jun 2024 | $482.62M | $412.19M | $1.39M | $6.82M |
| Jun 2025 | $469.19M | $441.50M | $1.58M | $15.40M |
| Jun 2026 | $470.96M | $435.80M | $1.72M | $21.47M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $435.80M | 10 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $435.80M.
Similar-sized banks
The Farmers Bank And Savings Company ($471.97M) · The Neffs National Bank ($470.81M)
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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