The First National Bank of Wakefield
Wakefield, MI
IDRSSD: 292850
Total Assets
$53.27M
Latest filing
Total Deposits
$48.35M
Latest filing
Net Interest Margin
4.24%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
The First National Bank of Wakefield
401 Sunday Lake St
Wakefield, MI 49968
Full Service - Brick and Mortar
Updated 04/10/2026Established 01/01/1910FDIC Certificate 3390
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The First National Bank of Wakefield (Main) | 401 Sunday Lake St | Wakefield, MI |
| BESSEMER BRANCH | 1008 E Lead St | Bessemer, MI |
Showing 1 of 1
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 | 01/01/1910 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49968 |
| State and County Number | 26053 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| 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 | 13 |
| Domestic Offices | 2 |
| 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 | http://www.fnbwakefieldmi.com/ |
| Data Updated | 04/10/2026 |
| CERT | 5076 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $53.27M |
| Total Deposits | $48.35M |
| Total Liabilities | $48.47M |
| Total Equity Capital | $4.81M |
| Net Income | $82.00k |
| Net Loans and Leases | $20.90M |
| Assets Per Employee ($Millions) | $4.44M |
| Bank Premises and Fixed Assets | $591.00k |
| Cash and Balances due from Depository Institutions | $3.26M |
| Deposits Held in Domestic Offices | $48.35M |
Key Performance Ratios
| Return on Assets (ROA) | 0.62% |
| Return on Equity (ROE) | 6.79% |
| Net Interest Margin | 4.24% |
| Efficiency Ratio | 84.53% |
| Tier 1 Risk-Based Capital Ratio | 23.718% |
| 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 | 9.029% |
| Earning Assets to total Assets | 94.99% |
Income and Expense
| Total Interest Income | $595.00k |
| Total Noninterest Income | $39.00k |
| Total Interest Expense | $65.00k |
| Total Noninterest Expense | $481.00k |
| Net Interest Income | $530.00k |
| Pre-tax Net Operating Income | $88.00k |
| 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 | $47.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $2.26M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $113.00k |
| Total Liabilities and Capital | $53.27M |
Securities
| Securities | $25.73M |
| Available-for-sale debt securities | $14.19M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $11.54M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The First National Bank of Wakefield?
$53.27M as of the latest filing.
How much are The First National Bank of Wakefield's total deposits?
$48.35M in total deposits.
Where is The First National Bank of Wakefield located?
Wakefield, MI.
What is the Net Interest Margin?
4.24%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1910.
What is the Return on Assets (ROA)?
0.62%.
How much are total loans and leases?
$20.90M (latest filing).
What is the total interest income (latest filing)?
$595.00k.