Port Austin State Bank
Port Austin, Michigan · FDIC Cert #14999
This is the FDIC profile for Port Austin State Bank, an FDIC-insured bank (Certificate #14999) with $68M in total assets and $56M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Port Austin, Michigan, the bank maintains a Tier 1 capital ratio of 16.98% (Well-Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of A (90/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Port Austin State Bank (FDIC cert 14999) is a community bank — $68M in total assets, $56M in deposits, serving the Port Austin, 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 16.98% 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 0.00% 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 in the normal range: 21.5% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is strong: return on assets of 1.60% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Port Austin State Bank carries a composite BankHealth grade of A (90/100) 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: Port Austin State Bank
- Total Assets
- $68M
- Total Deposits
- $56M
- Tier 1 Capital Ratio
- 16.98%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 21.46%
- Return on Assets
- 1.60%
- Headquarters
- Port Austin, Michigan
- FDIC Certificate
- #14999
- Health Grade
- A (90/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Port Austin State Bank files quarterly Call Reports with the FDIC under Certificate #14999. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Port Austin State Bank holds a Tier 1 capital ratio of 16.98%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Port Austin State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Port Austin State Bank shows strong financial health indicators. With $68M in assets and a Health Score of 90/100, 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 Port Austin State Bank Compares
Port Austin State Bank’s Health Score of 90 is 8 points above the Michigan state average of 82 across 69 FDIC-insured banks. Its 16.98% Tier 1 capital ratio is 3.0 points above the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.60% is in line with or above the national ROA benchmark of ~1.1%. Among 765 similarly-sized banks, the average Health Score is 82, meaning this bank ranks above its size cohort. Site-wide, Port Austin State Bank is 10 points above the portfolio average of 80.
Frequently Asked Questions
Port Austin State Bank has a Bank Health Score of A (90/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 16.98%, 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. Port Austin State Bank's Tier 1 capital ratio of 16.98% and nonperforming loan ratio of 0.00% 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 Port Austin State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #14999). 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.
Port Austin State Bank holds $68M in total assets and $56M in total deposits. It is headquartered in Port Austin, Michigan (FDIC Certificate #14999).
Port Austin State Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #14999 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Port Austin State Bank has a Tier 1 capital ratio of 16.98%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 1.60%.
Yes. Port Austin State Bank is FDIC-insured (Certificate #14999). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Port Austin 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.