|
 |
|
|
 State Savings Bank
|
State Savings Bank
| RSSD ID 22543 | CERTIFICATE 8162 | ABA NUMBER 72406506 |
| 703 Main St |
Quarter Ended : |
2026-06-30 |
| Frankfort, Michigan, 49635 |
Updated : |
2026-07-29 |
| www.ssbankmi.com |
|
| Institution Profile |
| Year Opened : |
1901 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
132 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 431,164 |
|
Total Interest Income | 11,868 |
| Total Liabilities | 394,172 |
|
Total NonInterest Income | 1,124 |
| Total Bank Equity Capital | 36,992 |
|
Total Interest Expense | 2,671 |
| Total Deposits | 391,633 |
|
Total NonInterest Expense | 9,368 |
| Net Loans & Leases | 321,110 |
|
Net Income | 738 |
| Loan Loss Allowance | 2,754 |
|
Net Charge Offs | (9) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 316,839 |
| Total assets for the leverage ratio | 420,994 |
|
Loans secured by real estate: | 289,098 |
| Tier 1 Leverage Ratio | 8.79 |
|
Commercial and industrial loans | 25,978 |
| Off Balance Sheet Exposures (%) | 8.65 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 1,339 |
|
|
|
|
:· State Savings Bank
