United Bank of Michigan: how it compares with its peers
Against 22 MI banks with half to twice its assets, United Bank of Michigan's strongest measure in Q2 2026 is return on assets (1.29% vs. a 1.20% peer median). Its weakest relative measure is net interest margin (3.77% vs. 4.00%).
| Measure | United Bank of Michigan | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.29% | 1.20% | Middle third Ahead of 59% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.77% | 4.00% | Bottom third Ahead of 27% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.37% | 65.02% | Middle third Ahead of 59% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.4M | $6.3M | Middle third Ahead of 59% of peers |
| Loans to deposits Net loans and leases over total deposits. | 95.79% | 85.46% | Context |
What it means for lending operations
Its efficiency ratio of 62.37% is better than the 65.02% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Superior National Bank Hancock, MI · $1.04B
- Sturgis Bank & Trust Company Sturgis, MI · $1.03B
- First National Bank of Michigan Kalamazoo, MI · $989M
- Northstar Bank Bad Axe, MI · $1.16B
- Oxford Bank Oxford, MI · $931M
- West Michigan Community Bank Hudsonville, MI · $1.21B
Questions about United Bank of Michigan
How big is United Bank of Michigan?
United Bank of Michigan, established in 1903, is headquartered in Grand Rapids, MI. It reported $1.06B in total assets in its Q2 2026 FDIC call report and operates 13 offices.
What is United Bank of Michigan's return on assets?
1.29% annualized in Q2 2026, against a 1.20% median for 22 MI banks with half to twice its assets, ahead of 59% of them.
What is United Bank of Michigan's efficiency ratio?
62.37% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 65.02%, and lower is better.
Is United Bank of Michigan growing its loans?
Net loans grew 5.6% over the year to Q2 2026, while deposits grew 3.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MI banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Michigan bank ranked.