Bay Port State Bank: how it compares with its peers
Against 19 MI banks with half to twice its assets, Bay Port State Bank's strongest measure in Q2 2026 is net interest margin (4.91% vs. a 3.77% peer median). Its weakest relative measure is assets per employee ($4.6M vs. $5.5M).
| Measure | Bay Port State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.34% | 0.92% | Top third Ahead of 84% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.91% | 3.77% | Top third Ahead of 89% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.45% | 70.92% | Top third Ahead of 84% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.6M | $5.5M | Bottom third Ahead of 32% of peers |
| Loans to deposits Net loans and leases over total deposits. | 95.79% | 74.79% | Context |
What it means for lending operations
Its efficiency ratio of 61.45% is better than the 70.92% 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
- Sidney State Bank Sidney, MI · $139M
- The Miners State Bank Iron River, MI · $135M
- Baybank Gladstone, MI · $173M
- Bank Michigan Brooklyn, MI · $176M
- The State Savings Bank of Manistique Manistique, MI · $178M
- G. W. Jones Exchange Bank Marcellus, MI · $123M
Questions about Bay Port State Bank
How big is Bay Port State Bank?
Bay Port State Bank, established in 1938, is headquartered in Bay Port, MI. It reported $153M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Bay Port State Bank's return on assets?
1.34% annualized in Q2 2026, against a 0.92% median for 19 MI banks with half to twice its assets, ahead of 84% of them.
What is Bay Port State Bank's efficiency ratio?
61.45% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 70.92%, and lower is better.
Is Bay Port State Bank growing its loans?
Net loans grew 2.5% over the year to Q2 2026, while deposits grew 1.9%.
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.