Upper Peninsula State Bank
Escanaba, MI
IDRSSD: 236957
Total Assets
$361.47M
Latest filing
Total Deposits
$289.71M
Latest filing
Net Interest Margin
4.50%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Upper Peninsula State Bank
430 N Lincoln Rd
Escanaba, MI 49829
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1902FDIC Certificate 735
Branches (4)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Upper Peninsula State Bank (Main) | 430 N Lincoln Rd | Escanaba, MI |
| IRON MOUNTAIN BRANCH | 1890 S Stephenson Ave | Iron Mountain, MI |
| LOWRIE AVENUE BRANCH | 1 Lowrie Avenue | Gladstone, MI |
| MARQUETTE BRANCH | 1016 W Washington St | Marquette, MI |
| HOUGHTON BRANCH | 960 Razorback Dr | Houghton, MI |
Showing 4 of 4
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 | 01/01/1902 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49829 |
| State and County Number | 26041 |
| 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 | Escanaba, MI |
Operational Info
| Number of Employees | 57 |
| Domestic Offices | 5 |
| 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.upstatebank.net |
| Data Updated | 01/30/2026 |
| CERT | 1090 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $361.47M |
| Total Deposits | $289.71M |
| Total Liabilities | $314.75M |
| Total Equity Capital | $46.72M |
| Net Income | $1.13M |
| Net Loans and Leases | $289.04M |
| Assets Per Employee ($Millions) | $5.83M |
| Bank Premises and Fixed Assets | $13.51M |
| Cash and Balances due from Depository Institutions | $14.47M |
| Deposits Held in Domestic Offices | $289.71M |
Key Performance Ratios
| Return on Assets (ROA) | 1.26% |
| Return on Equity (ROE) | 9.69% |
| Net Interest Margin | 4.5% |
| Efficiency Ratio | 58.08% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.31% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.924% |
| Earning Assets to total Assets | 91.01% |
Income and Expense
| Total Interest Income | $5.30M |
| Total Noninterest Income | $492.00k |
| Total Interest Expense | $1.62M |
| Total Noninterest Expense | $2.43M |
| Net Interest Income | $3.69M |
| Pre-tax Net Operating Income | $1.47M |
| Provision for Credit Losses | $280.00k |
| 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 | $20.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $5.04M |
| Total Liabilities and Capital | $361.47M |
Securities
| Securities | $28.92M |
| Available-for-sale debt securities | $27.42M |
| 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 Upper Peninsula State Bank?
$361.47M as of the latest filing.
How much are Upper Peninsula State Bank's total deposits?
$289.71M in total deposits.
Where is Upper Peninsula State Bank located?
Escanaba, MI.
What is the Net Interest Margin?
4.50%.
How many domestic offices does it operate?
5.
When was it established?
01/01/1902.
What is the Return on Assets (ROA)?
1.26%.
How much are total loans and leases?
$289.04M (latest filing).
What is the total interest income (latest filing)?
$5.30M.