Is First Nb of St Ignace Safe?
First Nb of St Ignace has a Bank Health Score of 95/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while loan quality is its weakest area (82/100).
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 16.62% | 100/100 |
| Nonperforming Loan Ratio | 0.90% | 82/100 |
| Liquidity Ratio | 64.49% | 100/100 |
| Return on Assets | 2.63% | 100/100 |
| Total Assets | $0.3B | |
How does First Nb of St Ignace compare?
With a Bank Health Score of 95/100, First Nb of St Ignace sits 25.0 points above the national average of 70/100 for FDIC-insured banks. Within Michigan, where 69 FDIC-insured banks are headquartered, First Nb of St Ignace ranks above the state average of 73/100 (Grade B).
The bank's Tier 1 capital ratio of 16.62% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.90% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, First Nb of St Ignace's Bank Health Score improved by 23.0 points to 95/100. Tier 1 capital strengthened by 3.83 percentage points to 16.62%. Quarter-over-quarter, the score rose by 15.0 points.
First Nb of St Ignace has a Bank Health Score of 95/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while loan quality is its weakest area (82/100).