Michigan bank rankings, Q2 2026
72 FDIC-insured banks are headquartered in Michigan, holding $72.49B in combined assets as of Q2 2026. The median bank has $470M in assets, earns a 1.17% return on assets, and runs a 64.60% efficiency ratio.
Highest return on assets among community banks
- Charlevoix State Bank Charlevoix 2.31%
- Tri-County Bank Brown City 2.31%
- First Independence Bank Detroit 2.08%
- Central Savings Bank Sault Sainte Marie 2.04%
- First Bank, Upper Michigan Gladstone 2.03%
- Bank of Ann Arbor Ann Arbor 1.98%
- Sidney State Bank Sidney 1.93%
- First Community Bank Harbor Springs 1.91%
- Century Bank and Trust Coldwater 1.85%
- Citizens State Bank Royal Oak 1.83%
Most efficient community banks (lowest efficiency ratio)
- Tri-County Bank Brown City 39.52%
- Citizens State Bank Royal Oak 42.14%
- Central Savings Bank Sault Sainte Marie 44.17%
- Bank of Ann Arbor Ann Arbor 44.40%
- Sidney State Bank Sidney 50.72%
- Alden State Bank Alden 50.85%
- Thumb Bank and Trust Pigeon 54.31%
- Century Bank and Trust Coldwater 55.86%
- Charlevoix State Bank Charlevoix 56.92%
- Capitol National Bank Lansing 56.95%
Top-ten lists include FDIC-designated community banks with at least $100M in assets; trust companies and specialty subsidiaries appear in the full table only.
Every Michigan bank
| Bank | Assets | ROA | Efficiency | NIM |
|---|---|---|---|---|
| Northpointe Bank Grand Rapids | $7.53B | 1.32% | 51.68% | 2.48% |
| First National Bank of America East Lansing | $6.82B | 2.79% | 26.64% | 4.86% |
| Mercantile Bank Grand Rapids | $6.24B | 1.61% | 54.86% | 3.57% |
| Independent Bank Grand Rapids | $5.66B | 1.34% | 61.54% | 3.72% |
| ChoiceOne Bank Sparta | $4.45B | 1.24% | 55.18% | 3.75% |
| Macatawa Bank, National Association Holland | $3.69B | 1.77% | 32.36% | 4.31% |
| Bank of Ann Arbor Ann Arbor | $3.50B | 1.98% | 44.40% | 4.41% |
| Isabella Bank Mount Pleasant | $2.17B | 1.10% | 64.17% | 3.47% |
| Southern Michigan Bank & Trust Coldwater | $1.68B | 0.85% | 69.33% | 3.48% |
| The Dart Bank Mason | $1.47B | 0.97% | 83.72% | 4.21% |
| County National Bank Hillsdale | $1.36B | 1.00% | 69.27% | 4.03% |
| First State Bank Eastpointe | $1.35B | 1.24% | 62.82% | 3.71% |
| University Bank Ann Arbor | $1.24B | 1.08% | 85.11% | 4.36% |
| West Michigan Community Bank Hudsonville | $1.21B | 1.46% | 51.71% | 3.79% |
| Northstar Bank Bad Axe | $1.16B | 1.30% | 61.39% | 3.97% |
| United Bank of Michigan Grand Rapids | $1.06B | 1.29% | 62.37% | 3.77% |
| Superior National Bank Hancock | $1.04B | 1.17% | 67.21% | 3.81% |
| Sturgis Bank & Trust Company Sturgis | $1.03B | 1.03% | 73.48% | 3.86% |
| First National Bank of Michigan Kalamazoo | $989M | 0.98% | 58.75% | 3.37% |
| Oxford Bank Oxford | $931M | 0.92% | 71.64% | 5.15% |
| First Independence Bank Detroit | $875M | 2.08% | 69.41% | 3.76% |
| West Shore Bank Ludington | $834M | 0.83% | 76.64% | 3.98% |
| Thumb Bank and Trust Pigeon | $673M | 1.65% | 54.31% | 4.65% |
| Tri-County Bank Brown City | $639M | 2.31% | 39.52% | 5.08% |
| First Bank, Upper Michigan Gladstone | $629M | 2.03% | 58.55% | 4.39% |
| Range Bank Marquette | $604M | 1.47% | 59.21% | 4.01% |
| Highpoint Community Bank Hastings | $592M | 0.80% | 73.08% | 3.37% |
| Citizens State Bank Royal Oak | $581M | 1.83% | 42.14% | 4.86% |
| Eastern Michigan Bank Croswell | $554M | 1.42% | 48.60% | 4.82% |
| Commercial Bank Ithaca | $553M | 1.28% | 62.79% | 4.12% |
| Eaton Community Bank Charlotte | $543M | 0.81% | 70.74% | 3.55% |
| Central Savings Bank Sault Sainte Marie | $517M | 2.04% | 44.17% | 4.88% |
| Grand River Bank Grandville | $507M | 0.62% | 79.05% | 2.87% |
| Century Bank and Trust Coldwater | $494M | 1.85% | 55.86% | 4.45% |
| 1st State Bank Saginaw | $490M | 1.35% | 60.93% | 4.32% |
| Citizens National Bank of Cheboygan Cheboygan | $471M | 0.73% | 78.63% | 4.03% |
| Lake-Osceola State Bank Baldwin | $469M | 1.60% | 57.52% | 4.14% |
| Honor Bank Honor | $443M | 1.34% | 62.03% | 4.22% |
| State Savings Bank Frankfort | $431M | 0.35% | 90.77% | 4.80% |
| Chelsea State Bank Chelsea | $417M | 1.57% | 63.02% | 4.14% |
| First Community Bank Harbor Springs | $414M | 1.91% | 64.58% | 5.51% |
| The Shelby State Bank Shelby | $397M | 0.90% | 73.12% | 3.77% |
| Union Bank Grand Rapids | $397M | 0.75% | 75.51% | 4.33% |
| First National Bank & Trust Co. Iron Mountain | $386M | 0.85% | 66.99% | 3.91% |
| Upper Peninsula State Bank Escanaba | $372M | 1.41% | 60.66% | 4.48% |
| The First National Bank of St. Ignace St. Ignace | $336M | 0.63% | 74.96% | 2.97% |
| Huron Community Bank East Tawas | $323M | 0.61% | 78.76% | 4.01% |
| Alden State Bank Alden | $318M | 1.77% | 50.85% | 4.47% |
| Dearborn Federal Savings Bank Dearborn | $307M | 0.07% | 96.82% | 2.80% |
| Huron Valley State Bank Milford | $292M | 0.95% | 70.17% | 4.23% |
| Charlevoix State Bank Charlevoix | $248M | 2.31% | 56.92% | 4.63% |
| Mi Bank Bloomfield Township | $245M | 0.92% | 63.62% | 3.30% |
| Capitol National Bank Lansing | $209M | 1.79% | 56.95% | 5.13% |
| Northern Interstate Bank, N. A. Norway | $194M | 0.88% | 67.48% | 3.15% |
| Peoples State Bank of Munising Munising | $190M | 0.43% | 83.64% | 3.36% |
| The State Savings Bank of Manistique Manistique | $178M | 0.77% | 72.47% | 3.25% |
| Bank Michigan Brooklyn | $176M | 0.67% | 83.61% | 4.56% |
| Baybank Gladstone | $173M | 1.23% | 65.93% | 4.81% |
| Bay Port State Bank Bay Port | $153M | 1.34% | 61.45% | 4.91% |
| Sidney State Bank Sidney | $139M | 1.93% | 50.72% | 5.10% |
| The Miners State Bank Iron River | $135M | 1.05% | 70.92% | 4.25% |
| G. W. Jones Exchange Bank Marcellus | $123M | 0.90% | 75.48% | 3.17% |
| Kalamazoo County State Bank Schoolcraft | $118M | 0.54% | 83.26% | 4.42% |
| Blissfield State Bank Blissfield | $115M | 1.16% | 69.56% | 3.71% |
| Community Unity Bank Birmingham | $107M | -1.68% | 135.22% | 3.02% |
| Huron State Bank Rogers City | $95M | 1.00% | 64.62% | 3.35% |
| Mayville State Bank Mayville | $95M | 0.97% | 71.10% | 3.78% |
| First State Bank of Michigan Decatur | $88M | -1.32% | 128.47% | 3.77% |
| Homestead Savings Bank Albion | $72M | 0.75% | 78.83% | 4.81% |
| JPMorgan Chase Bank, Dearborn Dearborn | $71M | 2.85% | 0.15% | 4.39% |
| The Port Austin State Bank Port Austin | $68M | 1.83% | 54.41% | 4.31% |
| The First National Bank of Wakefield Wakefield | $53M | 0.65% | 82.65% | 4.28% |
Method
Banks are FDIC-insured institutions headquartered in Michigan with a call report for the quarter ending 06/30/2026. Return on assets and net interest margin are annualized year to date; the efficiency ratio is noninterest expense over revenue, so lower is better. Credit unions are NCUA-insured and not included. Click any bank for its comparison with same-size peers, or look up a bank in another state.