Major Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) and a capital leverage ratio of 10.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.5 on a scale of 0 to 10).
Other Rating Factors:
A current level of 5.9 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Good asset quality (5.0). Fair liquidity 3.7, driven by a liquidity ratio of 15.7 percent and a “hot money” ratio of 16.0 percent.
Asset Mix:
Comm re (34%), securities (34%), home mtgs (10%), comm loans (8%), cash (3%), consumer loans (2%), other (9%)
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
No affiliate information available.