Bay Port State Bank
Bay Port, Michigan · FDIC Cert #15585
Bay Port State Bank is an FDIC-insured bank (Certificate #15585) with $146M in total assets and $132M in total deposits as of the Q2 2024 Call Report. Headquartered in Bay Port, Michigan, the bank maintains a Tier 1 capital ratio of 12.87% (Well-Capitalized) and a nonperforming loan ratio of 0.22%. BankHealthData assigns a composite Health Grade of B (71/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Bay Port State Bank (FDIC cert 15585) is a community bank — $146M in total assets, $132M in deposits, serving the Bay Port, Michigan area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 12.87% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.22% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 10.3% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is solid: ROA of 1.41% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Bay Port State Bank carries a composite BankHealth grade of B (71/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Bay Port State Bank
- Total Assets
- $146M
- Total Deposits
- $132M
- Tier 1 Capital Ratio
- 12.87%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.22%
- Liquidity Ratio
- 10.25%
- Return on Assets
- 1.41%
- Headquarters
- Bay Port, Michigan
- FDIC Certificate
- #15585
- Health Grade
- B (71/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Bay Port State Bank holds a Tier 1 capital ratio of 12.87%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Bay Port State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Bay Port State Bank shows strong financial health indicators. With $146M in assets and a Health Score of 71/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Bay Port State Bank Compares
Bay Port State Bank’s Health Score of 71 is 2 points below the Michigan state average of 73 across 69 FDIC-insured banks. Its 12.87% Tier 1 capital ratio is 1.1 points below the US banking industry average near 14%. The 0.22% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.41% is in line with or above the national ROA benchmark of ~1.1%. Among 1346 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Bay Port State Bank is 1 points above the portfolio average of 70.
Frequently Asked Questions
Bay Port State Bank has a Bank Health Score of B (71/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 12.87%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Bay Port State Bank's Tier 1 capital ratio of 12.87% and nonperforming loan ratio of 0.22% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Bay Port State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #15585). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Bay Port State Bank holds $146M in total assets and $132M in total deposits. It is headquartered in Bay Port, Michigan (FDIC Certificate #15585).
Bay Port State Bank has a Tier 1 capital ratio of 12.87%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.22%, and the return on assets is 1.41%.
Yes. Bay Port State Bank is FDIC-insured (Certificate #15585). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Bay Port State Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.