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Bay Port State Bank

Bay Port, MI
IDRSSD: 961446
Total Assets
$150.10M
Latest filing
Total Deposits
$134.09M
Latest filing
Net Interest Margin
4.98%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date03/01/1938
Community BankYes
Ownership TypeNot Mutual
ZIP48720
State and County Number26063
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees32
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance03/03/1938
Primary Insurance AgencyDIF
Websitehttps://www.bayportstatebank.com
Data Updated11/14/2025
CERT15585
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$150.10M
Total Deposits$134.09M
Total Liabilities$134.83M
Total Equity Capital$15.27M
Net Income$513.00k
Net Loans and Leases$128.41M
Assets Per Employee ($Millions)$4.69M
Bank Premises and Fixed Assets$2.08M
Cash and Balances due from Depository Institutions$3.29M
Deposits Held in Domestic Offices$134.09M

Key Performance Ratios

Return on Assets (ROA)1.37%
Return on Equity (ROE)13.63%
Net Interest Margin4.98%
Efficiency Ratio60.74%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.25%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.174%
Earning Assets to total Assets95.57%

Income and Expense

Total Interest Income$2.16M
Total Noninterest Income$114.00k
Total Interest Expense$380.00k
Total Noninterest Expense$1.15M
Net Interest Income$1.78M
Pre-tax Net Operating Income$649.00k
Provision for Credit Losses$95.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$1.60M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$742.00k
Total Liabilities and Capital$150.10M

Securities

Securities$12.07M
Available-for-sale debt securities$12.07M
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 Bay Port State Bank?
$150.10M as of the latest filing.
How much are Bay Port State Bank's total deposits?
$134.09M in total deposits.
Where is Bay Port State Bank located?
Bay Port, MI.
What is the Net Interest Margin?
4.98%.
How many domestic offices does it operate?
4.
When was it established?
03/01/1938.
What is the Return on Assets (ROA)?
1.37%.
How much are total loans and leases?
$128.41M (latest filing).
What is the total interest income (latest filing)?
$2.16M.