Honor Bank
Honor, MI
IDRSSD: 815147
Total Assets
$416.76M
Latest filing
Total Deposits
$374.41M
Latest filing
Net Interest Margin
4.34%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
072406865HONOR, MI
Key People
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Locations
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Main Office
Honor Bank
2254 Henry St
Honor, MI 49640
Full Service - Brick and Mortar
Updated 01/30/2026Established 06/15/1917FDIC Certificate 5202
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Honor Bank (Main) | 2254 Henry St | Honor, MI |
| BENZONIA BRANCH | 1720 Benzie Highway | Benzonia Township, MI |
| LAKE ANN BRANCH | Maple Avenue And Second Street | Lake Ann Village, MI |
| COPEMISH BRANCH | 18075 Cadillac Highway | Copemish, MI |
| BUCKLEY BRANCH | 117 East Wexford Avenue | Buckley, MI |
| BEAR LAKE BRANCH | 11926 Chippewa Hwy | Bear Lake, MI |
| GARFIELD AVENUE BRANCH | 1112 S Garfield Ave | Traverse City, MI |
| TRAVERSE CITY MI COURRIER SERVICE | 430 S Union St | Traverse City, MI |
Showing 7 of 8
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 | 06/15/1917 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49640 |
| State and County Number | 26019 |
| 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 | Traverse City, MI |
Operational Info
| Number of Employees | 78 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/09/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.myhonorbank.com |
| Data Updated | 01/30/2026 |
| CERT | 8165 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $416.76M |
| Total Deposits | $374.41M |
| Total Liabilities | $376.66M |
| Total Equity Capital | $40.10M |
| Net Income | $1.10M |
| Net Loans and Leases | $329.74M |
| Assets Per Employee ($Millions) | $5.41M |
| Bank Premises and Fixed Assets | $9.55M |
| Cash and Balances due from Depository Institutions | $15.21M |
| Deposits Held in Domestic Offices | $374.41M |
Key Performance Ratios
| Return on Assets (ROA) | 1.04% |
| Return on Equity (ROE) | 10.97% |
| Net Interest Margin | 4.34% |
| Efficiency Ratio | 56.16% |
| Tier 1 Risk-Based Capital Ratio | 11.898% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.88% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.622% |
| Earning Assets to total Assets | 93.53% |
Income and Expense
| Total Interest Income | $5.82M |
| Total Noninterest Income | $815.00k |
| Total Interest Expense | $1.50M |
| Total Noninterest Expense | $2.88M |
| Net Interest Income | $4.32M |
| Pre-tax Net Operating Income | $1.31M |
| Provision for Credit Losses | $937.00k |
| 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 | $9.44M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.25M |
| Total Liabilities and Capital | $416.76M |
Securities
| Securities | $41.45M |
| Available-for-sale debt securities | $0 |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $41.45M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Honor Bank?
$416.76M as of the latest filing.
How much are Honor Bank's total deposits?
$374.41M in total deposits.
Where is Honor Bank located?
Honor, MI.
What is the Net Interest Margin?
4.34%.
How many domestic offices does it operate?
9.
When was it established?
06/15/1917.
What is the Return on Assets (ROA)?
1.04%.
How much are total loans and leases?
$329.74M (latest filing).
What is the total interest income (latest filing)?
$5.82M.