The Miners State Bank
Iron River, MI
IDRSSD: 255350
Total Assets
$141.34M
Latest filing
Total Deposits
$124.25M
Latest filing
Net Interest Margin
4.15%
Profitability
Key People
Loading leadership data...
Locations
Main office and branches. Select to view on the map.
Main Office
The Miners State Bank
312 W Genesee St
Iron River, MI 49935
Full Service - Brick and Mortar
Updated 04/17/2026Established 01/01/1932FDIC Certificate 6999
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The Miners State Bank (Main) | 312 W Genesee St | Iron River, MI |
| RIPLEY BRANCH | 49011 N Royce Rd | Hancock, MI |
| HOUGHTON BRANCH | 1203 Ridge Rd | Houghton, MI |
| MARQUETTE MI LOAN PRODUCTION OFFICE | 213 B North Front Street | Marquette, MI |
| SOUTH RANGE BRANCH | 47 Trimountain Ave | South Range, MI |
| ONTONAGON | 601 River St | Ontonagon, MI |
Showing 5 of 5
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
Sidney State Bank
Sidney, Michigan
→
Assets: $140.65MΔ -0.4%
Gogebic Range Bank
Ironwood, Michigan
→
Assets: $142.51MΔ +0.9%
Bay Port State Bank
Bay Port, Michigan
→
Assets: $153.28MΔ +8.6%
Bank Michigan
Brooklyn, Michigan
→
Assets: $153.54MΔ +8.8%
Kalamazoo County State Bank
Schoolcraft, Michigan
→
Assets: $119.88MΔ -15.1%
Blissfield State Bank
Blissfield, Michigan
→
Assets: $118.92MΔ -15.8%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1932 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49935 |
| State and County Number | 26071 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| 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 | N/A |
Operational Info
| Number of Employees | 33 |
| Domestic Offices | 6 |
| 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.theminersstatebank.com |
| Data Updated | 04/17/2026 |
| CERT | 10928 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $141.34M |
| Total Deposits | $124.25M |
| Total Liabilities | $125.95M |
| Total Equity Capital | $15.39M |
| Net Income | $423.00k |
| Net Loans and Leases | $87.28M |
| Assets Per Employee ($Millions) | $4.42M |
| Bank Premises and Fixed Assets | $2.15M |
| Cash and Balances due from Depository Institutions | $8.66M |
| Deposits Held in Domestic Offices | $124.25M |
Key Performance Ratios
| Return on Assets (ROA) | 1.2% |
| Return on Equity (ROE) | 11% |
| Net Interest Margin | 4.15% |
| Efficiency Ratio | 70.52% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.891% |
| Earning Assets to total Assets | 91.14% |
Income and Expense
| Total Interest Income | $1.74M |
| Total Noninterest Income | $118.00k |
| Total Interest Expense | $403.00k |
| Total Noninterest Expense | $1.03M |
| Net Interest Income | $1.34M |
| Pre-tax Net Operating Income | $429.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $455.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.70M |
| Total Liabilities and Capital | $141.34M |
Securities
| Securities | $37.30M |
| Available-for-sale debt securities | $36.95M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $347.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The Miners State Bank?
$141.34M as of the latest filing.
How much are The Miners State Bank's total deposits?
$124.25M in total deposits.
Where is The Miners State Bank located?
Iron River, MI.
What is the Net Interest Margin?
4.15%.
How many domestic offices does it operate?
6.
When was it established?
01/01/1932.
What is the Return on Assets (ROA)?
1.2%.
How much are total loans and leases?
$87.28M (latest filing).
What is the total interest income (latest filing)?
$1.74M.