Major Rating Factors:
A current level of 14.9 percent of nonperforming loans to core capital combined with 6.8 percent from a year earlier contributes to the Fair asset quality (4.3). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Weak (1.2) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 12.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.1 on a scale of 0 to 10).
Asset Mix:
Comm re (35%), securities (30%), home mtgs (10%), comm loans (9%), cash (6%), consumer loans (2%), other (8%)
States with Branches:
MI
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Peoples State Bancorp, Inc.
Investment Rating
--
Address
100 East Superior Street
Munising, MI 49862
Munising, MI 49862
Phone Number
(906) 387-2006
Year Founded
1910
FDIC Number
Website
Largest Affiliates
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