Citizens National Bank of Cheboygan
Cheboygan, MI
IDRSSD: 773742
Total Assets
$471.00M
Latest filing
Total Deposits
$422.29M
Latest filing
Net Interest Margin
3.95%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Citizens National Bank of Cheboygan
303 N Main St
Cheboygan, MI 49721
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/24/1931FDIC Certificate 3347
Branches (9)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Citizens National Bank of Cheboygan (Main) | 303 N Main St | Cheboygan, MI |
| ONAWAY BRANCH | 20581 State St | Onaway, MI |
| INVERNESS BRANCH | 10854 N Straits Hwy | Cheboygan, MI |
| MACKINAW BRANCH | 580 S Nicolet St | Mackinaw City, MI |
| PELLSTON BRANCH | 200 Stimpson Dr | Pellston, MI |
| MAIN DRIVE-IN BRANCH | 414 Division St | Cheboygan, MI |
| THE INDIAN RIVER BRANCH | 3990 S Straits Hwy | Indian River, MI |
| ALANSON BRANCH | 8011 S Us 31 Hwy | Alanson, MI |
Showing 7 of 9
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, national (federal) charter, Fed member, and supervised by the OCC |
| Primary Regulator | OCC |
| Established Date | 01/24/1931 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49721 |
| State and County Number | 26031 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 3 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 86 |
| Domestic Offices | 10 |
| 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 | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.cnbismybank.com |
| Data Updated | 01/30/2026 |
| CERT | 5018 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $471.00M |
| Total Deposits | $422.29M |
| Total Liabilities | $450.39M |
| Total Equity Capital | $20.61M |
| Net Income | $1.10M |
| Net Loans and Leases | $255.85M |
| Assets Per Employee ($Millions) | $5.35M |
| Bank Premises and Fixed Assets | $10.95M |
| Cash and Balances due from Depository Institutions | $9.43M |
| Deposits Held in Domestic Offices | $422.29M |
Key Performance Ratios
| Return on Assets (ROA) | 0.92% |
| Return on Equity (ROE) | 22.84% |
| Net Interest Margin | 3.95% |
| Efficiency Ratio | 72.66% |
| Tier 1 Risk-Based Capital Ratio | 14.315% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.05% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 4.376% |
| Earning Assets to total Assets | 91.92% |
Income and Expense
| Total Interest Income | $4.93M |
| Total Noninterest Income | $844.00k |
| Total Interest Expense | $550.00k |
| Total Noninterest Expense | $3.79M |
| Net Interest Income | $4.38M |
| Pre-tax Net Operating Income | $1.36M |
| Provision for Credit Losses | $65.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $1.14M |
| Federal Funds Purchased and Repurchased Agreement | $21.48M |
| All Other Liabilities | $6.62M |
| Total Liabilities and Capital | $471.00M |
Securities
| Securities | $172.59M |
| Available-for-sale debt securities | $167.19M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $5.40M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Citizens National Bank of Cheboygan?
$471.00M as of the latest filing.
How much are Citizens National Bank of Cheboygan's total deposits?
$422.29M in total deposits.
Where is Citizens National Bank of Cheboygan located?
Cheboygan, MI.
What is the Net Interest Margin?
3.95%.
How many domestic offices does it operate?
10.
When was it established?
01/24/1931.
What is the Return on Assets (ROA)?
0.92%.
How much are total loans and leases?
$255.85M (latest filing).
What is the total interest income (latest filing)?
$4.93M.