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 Honor Bank
Honor Bank
| RSSD ID 815147 | CERTIFICATE 8165 | ABA NUMBER 72406865 |
| 2254 Henry St |
Quarter Ended : |
2025-03-31 |
| Honor, Michigan, 49640 |
Updated : |
2025-04-30 |
| www.myhonorbank.com |
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| Institution Profile |
| Year Opened : |
1917 |
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 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
74 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 410,211 |
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Total Interest Income | 5,190 |
| Total Liabilities | 371,729 |
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Total NonInterest Income | 592 |
| Total Bank Equity Capital | 38,482 |
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Total Interest Expense | 1,420 |
| Total Deposits | 365,837 |
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Total NonInterest Expense | 2,839 |
| Net Loans & Leases | 324,286 |
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Net Income | 1,206 |
| Loan Loss Allowance | 4,098 |
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Net Charge Offs | (6) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 42,600 |
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Total loans | 323,634 |
| Total assets for the leverage ratio | 412,105 |
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Loans secured by real estate: | 286,907 |
| Tier 1 Leverage Ratio | 9.34 |
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Commercial and industrial loans | 34,625 |
| Tier 1 Capital Ratio | 11.69 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.94 |
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Loans to individuals - Other | 1,528 |
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:· Honor Bank
