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The Miners State Bank
Iron River, MI · FDIC Certificate #10928 · Chartered 01/0
Total assets
$134.80M
Total deposits
$117.57M
Total equity
$15.50M
Net loans
$85.49M
Branches (offices)
5
Net income (YTD)
$728.00K
Rank: #3,427 of 4,213 U.S. banks by assets · #61 of 72 in Michigan. Assets changed -4.6% and deposits -6.0% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.05% |
| Return on equity | 9.44% |
| Net interest margin (YTD) | 4.25% |
| Equity to assets | 11.50% |
| Tier 1 leverage ratio | 12.19% |
| Uninsured deposits (share of deposits) | 13.3% |
| Noncurrent loans (share of loans) | 0.00% |
| Net charge-offs (share of loans) | 0.02% |
| Loans to deposits | 72.7% |
| Real estate loans (share of loans) | 93.1% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $79.62M | 93.1% | |
| Commercial & industrial | $5.51M | 6.4% | |
| Consumer / individual | $1.02M | 1.2% | |
| Construction & development | $9.23M | 10.8% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $160.78M | $145.13M | $304.00K | $13.28M |
| Jun 2023 | $132.75M | $116.10M | $511.00K | $13.30M |
| Jun 2024 | $139.34M | $116.05M | $230.00K | $13.77M |
| Jun 2025 | $141.34M | $125.09M | $481.00K | $14.56M |
| Jun 2026 | $134.80M | $117.57M | $728.00K | $15.50M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $117.57M | 5 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $117.57M.
Similar-sized banks
Stoughton Co-Operative Bank ($135.15M) · Rushville State Bank ($134.76M)
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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