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 Central Savings Bank
Central Savings Bank
| RSSD ID 382050 | CERTIFICATE 1095 | ABA NUMBER 91101280 |
| 511 Bingham Ave |
Quarter Ended : |
2025-03-31 |
| Sault Sainte Marie, Michigan, 49783 |
Updated : |
2025-04-21 |
| www.centralsavingsbank.com |
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| Institution Profile |
| Year Opened : |
1902 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
70 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 456,290 |
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Total Interest Income | 5,953 |
| Total Liabilities | 421,363 |
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Total NonInterest Income | 687 |
| Total Bank Equity Capital | 34,927 |
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Total Interest Expense | 1,380 |
| Total Deposits | 417,650 |
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Total NonInterest Expense | 2,665 |
| Net Loans & Leases | 242,831 |
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Net Income | 2,028 |
| Loan Loss Allowance | 3,172 |
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Net Charge Offs | (22) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 46,022 |
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Total loans | 247,409 |
| Total assets for the leverage ratio | 480,383 |
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Loans secured by real estate: | 191,697 |
| Tier 1 Leverage Ratio | 8.88 |
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Commercial and industrial loans | 28,029 |
| Tier 1 Capital Ratio | 14.85 |
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Loans to individuals - Credit Cards | 370 |
| Total Capital Ratio | 16.03 |
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Loans to individuals - Other | 25,008 |
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:· Central Savings Bank
