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The Port Austin State Bank

Port Austin, MI
IDRSSD: 779641
Total Assets
$67.85M
Latest filing
Total Deposits
$54.95M
Latest filing
Net Interest Margin
4.31%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1884
Community BankYes
Ownership TypeNot Mutual
ZIP48467
State and County Number26063
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number07
Numeric code21
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 Employees8
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/22/1935
Primary Insurance AgencyDIF
Websitewww.portaustinbank.com
Data Updated11/14/2025
CERT14999
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$67.85M
Total Deposits$54.95M
Total Liabilities$55.65M
Total Equity Capital$12.20M
Net Income$317.00k
Net Loans and Leases$44.86M
Assets Per Employee ($Millions)$7.54M
Bank Premises and Fixed Assets$717.00k
Cash and Balances due from Depository Institutions$4.46M
Deposits Held in Domestic Offices$54.95M

Key Performance Ratios

Return on Assets (ROA)1.88%
Return on Equity (ROE)10.5%
Net Interest Margin4.31%
Efficiency Ratio50.82%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets17.978%
Earning Assets to total Assets88.47%

Income and Expense

Total Interest Income$799.00k
Total Noninterest Income$13.00k
Total Interest Expense$145.00k
Total Noninterest Expense$339.00k
Net Interest Income$654.00k
Pre-tax Net Operating Income$317.00k
Provision for Credit Losses$11.00k
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$267.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$9.00k
All Other Liabilities$430.00k
Total Liabilities and Capital$67.85M

Securities

Securities$15.06M
Available-for-sale debt securities$15.06M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The Port Austin State Bank?
$67.85M as of the latest filing.
How much are The Port Austin State Bank's total deposits?
$54.95M in total deposits.
Where is The Port Austin State Bank located?
Port Austin, MI.
What is the Net Interest Margin?
4.31%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1884.
What is the Return on Assets (ROA)?
1.88%.
How much are total loans and leases?
$44.86M (latest filing).
What is the total interest income (latest filing)?
$799.00k.