Eastern Michigan Bank

Croswell, MI
IDRSSD: 643340
Total Assets
$560.06M
Latest filing
Total Deposits
$502.98M
Latest filing
Net Interest Margin
4.15%
Profitability

Locations

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Main Office
Eastern Michigan Bank
65 N Howard Ave
Croswell, MI 48422
Limited Service - Administrative
Updated 11/14/2025Established 12/04/1895FDIC Certificate 646

Branches (12)

Page 1 of 2
NameAddressCity / State
Eastern Michigan Bank (Main)65 N Howard AveCroswell, MI
RUTH BRANCH7004 E Atwater RdRuth, MI
LEXINGTON BRANCH5446 Main StLexington, MI
LAKEPORT BRANCH7090 Lakeshore RdLakeport, MI
LOAN CENTER BRANCH66 N Howard AveCroswell, MI
PORT HURON BRANCH600 Water StPort Huron, MI
SANDUSKY AREA BRANCH324 S Elk StSandusky, MI
DECKERVILLE BRANCH3636 Main StDeckerville, MI
Showing 7 of 12

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date12/04/1895
Community BankYes
Ownership TypeNot Mutual
ZIP48422
State and County Number26151
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code13
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 Employees92
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.emb.bank
Data Updated11/14/2025
CERT982
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$560.06M
Total Deposits$502.98M
Total Liabilities$505.24M
Total Equity Capital$54.82M
Net Income$2.07M
Net Loans and Leases$204.82M
Assets Per Employee ($Millions)$6.51M
Bank Premises and Fixed Assets$6.14M
Cash and Balances due from Depository Institutions$113.07M
Deposits Held in Domestic Offices$502.98M

Key Performance Ratios

Return on Assets (ROA)1.55%
Return on Equity (ROE)15.53%
Net Interest Margin4.15%
Efficiency Ratio56.87%
Tier 1 Risk-Based Capital Ratio18.144%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.02%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.788%
Earning Assets to total Assets93.94%

Income and Expense

Total Interest Income$5.70M
Total Noninterest Income$566.00k
Total Interest Expense$521.00k
Total Noninterest Expense$3.27M
Net Interest Income$5.18M
Pre-tax Net Operating Income$2.49M
Provision for Credit Losses$-21,000
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$2.00M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.27M
Total Liabilities and Capital$560.06M

Securities

Securities$216.10M
Available-for-sale debt securities$128.07M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$88.04M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Eastern Michigan Bank?
$560.06M as of the latest filing.
How much are Eastern Michigan Bank's total deposits?
$502.98M in total deposits.
Where is Eastern Michigan Bank located?
Croswell, MI.
What is the Net Interest Margin?
4.15%.
How many domestic offices does it operate?
13.
When was it established?
12/04/1895.
What is the Return on Assets (ROA)?
1.55%.
How much are total loans and leases?
$204.82M (latest filing).
What is the total interest income (latest filing)?
$5.70M.