1st State Bank
Saginaw, MI
IDRSSD: 3223305
Total Assets
$461.82M
Latest filing
Total Deposits
$399.06M
Latest filing
Net Interest Margin
4.50%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
1st State Bank
4800 Fashion Square Blvd
Saginaw, MI 48604
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/12/2004FDIC Certificate 418761
Branches (4)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| 1st State Bank (Main) | 4800 Fashion Square Blvd | Saginaw, MI |
| STATE STREET BRANCH | 5424 State St | Saginaw, MI |
| BAY CITY BRANCH | 601 N Madison Ave | Bay City, MI |
| WILDER ROAD BAY CITY BRANCH | 3907 Wilder Rd | Bay City, MI |
| MIDLAND BRANCH | 400 Ashman St | Midland, MI |
Showing 4 of 4
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 04/12/2004 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 48604 |
| State and County Number | 26145 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Saginaw, MI |
Operational Info
| Number of Employees | 70 |
| Domestic Offices | 5 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 04/12/2004 |
| Primary Insurance Agency | DIF |
| Website | www.1ststate.bank |
| Data Updated | 11/14/2025 |
| CERT | 57626 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $461.82M |
| Total Deposits | $399.06M |
| Total Liabilities | $407.36M |
| Total Equity Capital | $54.45M |
| Net Income | $1.74M |
| Net Loans and Leases | $311.48M |
| Assets Per Employee ($Millions) | $6.6M |
| Bank Premises and Fixed Assets | $13.69M |
| Cash and Balances due from Depository Institutions | $47.43M |
| Deposits Held in Domestic Offices | $399.06M |
Key Performance Ratios
| Return on Assets (ROA) | 1.49% |
| Return on Equity (ROE) | 13.02% |
| Net Interest Margin | 4.5% |
| Efficiency Ratio | 57.9% |
| Tier 1 Risk-Based Capital Ratio | 14.633% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.791% |
| Earning Assets to total Assets | 91.87% |
Income and Expense
| Total Interest Income | $6.39M |
| Total Noninterest Income | $413.00k |
| Total Interest Expense | $1.62M |
| Total Noninterest Expense | $3.00M |
| Net Interest Income | $4.78M |
| Pre-tax Net Operating Income | $2.18M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $6.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.30M |
| Total Liabilities and Capital | $461.82M |
Securities
| Securities | $73.48M |
| Available-for-sale debt securities | $73.48M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of 1st State Bank?
$461.82M as of the latest filing.
How much are 1st State Bank's total deposits?
$399.06M in total deposits.
Where is 1st State Bank located?
Saginaw, MI.
What is the Net Interest Margin?
4.50%.
How many domestic offices does it operate?
5.
When was it established?
04/12/2004.
What is the Return on Assets (ROA)?
1.49%.
How much are total loans and leases?
$311.48M (latest filing).
What is the total interest income (latest filing)?
$6.39M.