The State Savings Bank of Manistique
Manistique, MI
IDRSSD: 259956
Total Assets
$181.53M
Latest filing
Total Deposits
$155.37M
Latest filing
Net Interest Margin
3.21%
Profitability
Key People
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Locations
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Main Office
The State Savings Bank of Manistique
101 S Cedar St
Manistique, MI 49854
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/07/1917FDIC Certificate 8382
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The State Savings Bank of Manistique (Main) | 101 S Cedar St | Manistique, MI |
| CURTIS BRANCH | W17310 Main St | Curtis, MI |
| GULLIVER BRANCH | 2920 Us 2 | Gulliver, MI |
Showing 2 of 2
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 member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 07/07/1917 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49854 |
| State and County Number | 26153 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 13 |
| 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 | 26 |
| Domestic Offices | 3 |
| 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.statesavingsbank.com |
| Data Updated | 01/30/2026 |
| CERT | 13249 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $181.53M |
| Total Deposits | $155.37M |
| Total Liabilities | $167.53M |
| Total Equity Capital | $13.99M |
| Net Income | $94.00k |
| Net Loans and Leases | $88.97M |
| Assets Per Employee ($Millions) | $6.98M |
| Bank Premises and Fixed Assets | $5.70M |
| Cash and Balances due from Depository Institutions | $12.17M |
| Deposits Held in Domestic Offices | $155.37M |
Key Performance Ratios
| Return on Assets (ROA) | 0.21% |
| Return on Equity (ROE) | 2.72% |
| Net Interest Margin | 3.21% |
| Efficiency Ratio | 67.86% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.05% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.707% |
| Earning Assets to total Assets | 86.8% |
Income and Expense
| Total Interest Income | $1.87M |
| Total Noninterest Income | $186.00k |
| Total Interest Expense | $633.00k |
| Total Noninterest Expense | $963.00k |
| Net Interest Income | $1.23M |
| Pre-tax Net Operating Income | $434.00k |
| Provision for Credit Losses | $22.00k |
| 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 | $8.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $4.01M |
| All Other Liabilities | $153.00k |
| Total Liabilities and Capital | $181.53M |
Securities
| Securities | $68.59M |
| Available-for-sale debt securities | $68.59M |
| Equity securities with readily determinable fair values not held for trading | — |
| 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 State Savings Bank of Manistique?
$181.53M as of the latest filing.
How much are The State Savings Bank of Manistique's total deposits?
$155.37M in total deposits.
Where is The State Savings Bank of Manistique located?
Manistique, MI.
What is the Net Interest Margin?
3.21%.
How many domestic offices does it operate?
3.
When was it established?
07/07/1917.
What is the Return on Assets (ROA)?
0.21%.
How much are total loans and leases?
$88.97M (latest filing).
What is the total interest income (latest filing)?
$1.87M.