Chelsea State Bank
Chelsea, MI
IDRSSD: 711548
Total Assets
$413.92M
Latest filing
Total Deposits
$363.02M
Latest filing
Net Interest Margin
4.36%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
072403635CHELSEA, MI
Key People
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Locations
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Main Office
Chelsea State Bank
1010 S Main St
Chelsea, MI 48118
Full Service - Brick and Mortar
Updated 01/30/2026Established 12/17/1897FDIC Certificate 8758
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Chelsea State Bank (Main) | 1010 S Main St | Chelsea, MI |
| DOWNTOWN BRANCH | 305 S Main St | Chelsea, MI |
| DEXTER BRANCH | 7101 Dexter Ann Arbor Rd | Dexter, MI |
| JACKSON BANKING CENTER BRANCH | 611 N Wisner Street | Jackson, MI |
Showing 3 of 3
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 member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 12/17/1897 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 48118 |
| State and County Number | 26161 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Ann Arbor, MI |
Operational Info
| Number of Employees | 64 |
| Domestic Offices | 4 |
| 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 | 03/07/1934 |
| Primary Insurance Agency | DIF |
| Website | www.chelseastate.bank |
| Data Updated | 01/30/2026 |
| CERT | 14009 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $413.92M |
| Total Deposits | $363.02M |
| Total Liabilities | $365.90M |
| Total Equity Capital | $48.02M |
| Net Income | $1.89M |
| Net Loans and Leases | $248.43M |
| Assets Per Employee ($Millions) | $6.47M |
| Bank Premises and Fixed Assets | $4.82M |
| Cash and Balances due from Depository Institutions | $57.75M |
| Deposits Held in Domestic Offices | $363.02M |
Key Performance Ratios
| Return on Assets (ROA) | 1.82% |
| Return on Equity (ROE) | 15.87% |
| Net Interest Margin | 4.36% |
| Efficiency Ratio | 61.04% |
| Tier 1 Risk-Based Capital Ratio | 19.38% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.12% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.601% |
| Earning Assets to total Assets | 94.05% |
Income and Expense
| Total Interest Income | $5.37M |
| Total Noninterest Income | $293.00k |
| Total Interest Expense | $1.14M |
| Total Noninterest Expense | $2.76M |
| Net Interest Income | $4.23M |
| Pre-tax Net Operating Income | $1.89M |
| Provision for Credit Losses | $-122,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $600.00k |
| Other borrowed funds | $11.00k |
| Federal Funds Sold & Reverse Repurchase Agreement | $298.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.87M |
| Total Liabilities and Capital | $413.92M |
Securities
| Securities | $85.79M |
| Available-for-sale debt securities | $85.19M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Chelsea State Bank?
$413.92M as of the latest filing.
How much are Chelsea State Bank's total deposits?
$363.02M in total deposits.
Where is Chelsea State Bank located?
Chelsea, MI.
What is the Net Interest Margin?
4.36%.
How many domestic offices does it operate?
4.
When was it established?
12/17/1897.
What is the Return on Assets (ROA)?
1.82%.
How much are total loans and leases?
$248.43M (latest filing).
What is the total interest income (latest filing)?
$5.37M.