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Upper Peninsula State Bank
Escanaba, MI · FDIC Certificate #1090 · Chartered 01/0
Total assets
$371.70M
Total deposits
$303.59M
Total equity
$48.87M
Net loans
$304.99M
Branches (offices)
5
Net income (YTD)
$2.60M
Rank: #2,170 of 4,213 U.S. banks by assets · #45 of 72 in Michigan. Assets changed 6.5% and deposits 4.6% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.41% |
| Return on equity | 10.87% |
| Net interest margin (YTD) | 4.48% |
| Equity to assets | 13.15% |
| Tier 1 leverage ratio | 13.42% |
| Uninsured deposits (share of deposits) | 28.5% |
| Noncurrent loans (share of loans) | 1.09% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 100.5% |
| Real estate loans (share of loans) | 94.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $287.51M | 94.3% | |
| Commercial & industrial | $10.62M | 3.5% | |
| Consumer / individual | $9.76M | 3.2% | |
| Construction & development | $14.27M | 4.7% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $302.08M | $257.97M | $766.00K | $36.42M |
| Jun 2023 | $304.82M | $253.34M | $1.38M | $38.56M |
| Jun 2024 | $322.17M | $267.90M | $1.51M | $41.30M |
| Jun 2025 | $348.97M | $290.27M | $1.84M | $44.94M |
| Jun 2026 | $371.70M | $303.59M | $2.60M | $48.87M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $303.59M | 5 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $303.59M.
Similar-sized banks
Pioneer Bank ($371.78M) · First Nebraska Bank ($371.41M)
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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