First State Bank of Michigan quarterly financials
As reported to the FDIC. Dollar values are period-end balances. Net income is for the single quarter, derived from the FDIC's year-to-date figures by subtracting the prior quarter's report. Ratios (ROA, ROE, NIM) are FDIC-computed annualized year-to-date values.
| Quarter | Assets | Deposits | Net loans | Equity | Net income | ROA | ROE | NIM | Noncurrent |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2026 | $83M | $67M | $51M | $15M | $-277K | -1.35% | -7.23% | 3.66% | 1.09% |
| Q4 2025 | $81M | $65M | $43M | $16M | $-284K | -1.48% | -6.33% | 4.62% | 1.97% |
| Q3 2025 | $65M | $49M | $34M | $16M | $-239K | -1.48% | -6.00% | 4.88% | 1.61% |
| Q2 2025 | $62M | $46M | $29M | $16M | $-193K | -1.48% | -5.95% | 4.87% | 1.09% |
| Q1 2025 | $64M | $48M | $26M | $15M | $-266K | -1.73% | -6.99% | 4.54% | 0.61% |
| Q4 2024 | $60M | $44M | $26M | $15M | $102K | -0.81% | -3.91% | 0.83% | 0.33% |
| Q3 2024 | $54M | $43M | $28M | $10M | $-632K | -1.36% | -7.02% | 3.35% | 0.86% |
| Q2 2024 | $54M | $43M | $27M | $10M | $45K | 0.31% | 1.61% | 3.35% | 0.00% |
| Q1 2024 | $54M | $43M | $27M | $10M | $39K | 0.29% | 1.49% | 3.22% | 0.96% |
| Q4 2023 | $53M | $40M | $27M | $10M | $13K | 0.28% | 1.49% | 3.44% | 0.24% |
| Q3 2023 | $52M | $41M | $26M | $10M | $66K | 0.34% | 1.83% | 3.47% | 1.12% |
| Q2 2023 | $54M | $43M | $26M | $10M | $15K | 0.27% | 1.44% | 3.48% | 0.56% |
Transcribed from FDIC BankFind Suite quarterly financial data (Call Report-derived). Income in Call Reports is filed year-to-date; per-quarter net income shown here is the difference between consecutive reports within the same year. NIM = net interest margin; “Noncurrent” = noncurrent loans as a share of total loans. These figures describe reported financials only and are not a safety rating or a prediction about the institution.