The Miners State Bank
Iron River, MI
IDRSSD: 255350
Total Assets
$141.18M
Latest filing
Total Deposits
$124.03M
Latest filing
Net Interest Margin
4.17%
Profitability
Key People
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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 01/30/2026Established 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
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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 | 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 | 32 |
| 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 | 01/30/2026 |
| CERT | 10928 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $141.18M |
| Total Deposits | $124.03M |
| Total Liabilities | $125.80M |
| Total Equity Capital | $15.38M |
| Net Income | $278.00k |
| Net Loans and Leases | $88.23M |
| Assets Per Employee ($Millions) | $4.28M |
| Bank Premises and Fixed Assets | $2.19M |
| Cash and Balances due from Depository Institutions | $7.41M |
| Deposits Held in Domestic Offices | $124.03M |
Key Performance Ratios
| Return on Assets (ROA) | 0.78% |
| Return on Equity (ROE) | 7.22% |
| Net Interest Margin | 4.17% |
| Efficiency Ratio | 72.29% |
| 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 | 10.895% |
| Earning Assets to total Assets | 91.16% |
Income and Expense
| Total Interest Income | $1.78M |
| Total Noninterest Income | $122.00k |
| Total Interest Expense | $415.00k |
| Total Noninterest Expense | $1.07M |
| Net Interest Income | $1.36M |
| Pre-tax Net Operating Income | $411.00k |
| 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 | $1.77M |
| Total Liabilities and Capital | $141.18M |
Securities
| Securities | $37.48M |
| Available-for-sale debt securities | $37.13M |
| 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?
$141.18M as of the latest filing.
How much are The Miners State Bank's total deposits?
$124.03M in total deposits.
Where is The Miners State Bank located?
Iron River, MI.
What is the Net Interest Margin?
4.17%.
How many domestic offices does it operate?
6.
When was it established?
01/01/1932.
What is the Return on Assets (ROA)?
0.78%.
How much are total loans and leases?
$88.23M (latest filing).
What is the total interest income (latest filing)?
$1.78M.