Updated June 2026 · FDIC Call Report Q2 2024

A-Rated Banks in Michigan

42 banks · Average score: 90/100 · Combined assets $25.6B

42 banks in this state currently hold A grades, averaging a composite score of 90/100. Within the tier, individual bank profiles still vary materially on which factor is driving the grade — review the table below for the per-bank breakdown. The tier averages a Tier 1 capital ratio of 35.95% and an NPL ratio of 0.33%, sourced from the most recent FDIC quarterly Call Report.

42 Michigan banks earn an A grade on the BankHealth composite, with an average score of 90/100. A-grade banks combine strong Tier 1 capital, clean loan books, comfortable liquidity, and solid ROA.

State-and-grade combinations help depositors and policy researchers identify clusters of banking health (or stress) within a specific geography. The list below ranks Michigan A-grade banks by health score with links to each bank's full profile.

A B CDF

What "A" Means in Practice

A-graded banks in Michigan are the strongest tier — institutions with composite Bank Health Scores of 80 or higher across capital, loan quality, liquidity, and profitability. Currently 42 banks chartered in Michigan qualify. A grades typically reflect well-above-regulatory capital cushions (often 12%+ Tier 1), sub-1% nonperforming loans, and ample liquidity buffers. Many A-graded banks are conservatively run community institutions or specialty banks with focused, lower-risk loan portfolios.

For depositors: A-graded institutions face less probability of regulatory action than peers, all else equal. That said, FDIC insurance — not the bank's grade — protects deposits up to $250,000 per depositor, per insured bank, per ownership category. The grade describes regulatory cushion; insurance describes guaranteed protection.

Tier-Wide Snapshot in Michigan

Banks in this grade tier	42
Combined assets	$25.6B
Average composite score	90/100
Average Tier 1 capital ratio	35.95%
Average NPL ratio	0.33%

All A-Graded Banks in Michigan

#	Bank	City	Score	Assets	Tier 1 Capital	NPL Ratio	Liquidity
1	Comerica B&T NA	Ann Arbor	100	$116M	198.62%	0.00%	62.12%
2	JPMorgan Chase Bank Dearborn	Dearborn	100	$67M	507.89%	0.00%	97.12%
3	Macatawa Bank	Holland	100	$2.7B	18.04%	0.01%	44.97%
4	Plante Moran Trust NA	Southfield	100	$17M	86.36%	0.00%	85.36%
5	Central Savings Bank	Sault Sainte Mar	97	$452M	14.64%	0.14%	45.54%
6	Chelsea State Bank	Chelsea	97	$407M	17.61%	0.12%	33.32%
7	Charlevoix State Bank	Charlevoix	97	$255M	19.52%	0.12%	50.56%
8	Lake-Osceola State Bank	Baldwin	97	$443M	15.82%	0.24%	31.45%
9	Highpoint Community Bank	Hastings	96	$540M	14.74%	0.10%	37.83%
10	Blissfield State Bank	Blissfield	96	$112M	15.29%	0.00%	46.10%
11	Thumb Bank&Trust	Pigeon	95	$607M	14.43%	0.05%	39.46%
12	First Nb of St Ignace	St. Ignace	95	$306M	16.62%	0.90%	64.49%
13	G W Jones Exchange Bank	Marcellus	95	$101M	36.53%	0.18%	74.03%
14	First State Bank of Decatur	Decatur	93	$54M	21.78%	0.00%	47.26%
15	Sidney State Bank	Sidney	92	$128M	14.17%	0.13%	26.66%
16	Kalamazoo County State Bank	Schoolcraft	92	$119M	18.09%	0.25%	44.72%
17	Eaton Community Bank	Charlotte	91	$481M	13.83%	0.15%	35.50%
18	Superior National Bank	Hancock	91	$1.0B	16.13%	0.42%	28.60%
19	Port Austin State Bank	Port Austin	90	$68M	16.98%	0.00%	21.46%
20	First Nb of Wakefield	Wakefield	90	$54M	22.93%	0.66%	56.62%
21	Choiceone Bank	Sparta	89	$2.6B	12.50%	0.14%	37.80%
22	Shelby State Bank	Shelby	89	$362M	13.15%	0.00%	39.17%
23	Alden State Bank	Alden	89	$305M	11.58%	0.20%	40.70%
24	Capitol National Bank	Lansing	89	$192M	13.84%	0.11%	22.77%
25	Citizens Nb of Cheboygan	Cheboygan	89	$483M	13.21%	0.16%	43.85%
26	Community Unity Bank	Birmingham	89	$49M	96.45%	0.00%	29.22%
27	Range Bank	Marquette	88	$570M	12.34%	0.09%	35.87%
28	Eastern Michigan Bank	Croswell	87	$559M	13.20%	0.89%	55.45%
29	Freeland State Bank	Freeland	86	$52M	16.72%	1.18%	94.93%
30	Auto Club Trust FSB	Dearborn	86	$484M	16.36%	0.74%	42.13%
31	Sterling Bank&Trust FSB	Southfield	85	$2.4B	13.81%	0.97%	44.19%
32	Huron Community Bank	East Tawas	84	$325M	13.59%	1.01%	45.97%
33	Huron State Bank	Rogers City	84	$83M	12.91%	1.40%	31.20%
34	Dearborn FSB	Dearborn	84	$273M	51.22%	0.04%	22.30%
35	1st State Bank	Saginaw	84	$479M	13.41%	1.34%	35.37%
36	Isabella Bank	Mount Pleasant	83	$2.0B	11.90%	0.07%	26.30%
37	Mayville State Bank	Mayville	83	$94M	11.67%	0.38%	43.35%
38	First Bank Upper Michigan	Gladstone	83	$604M	14.00%	0.76%	22.99%
39	Peoples Stb of Munising	Munising	83	$205M	10.67%	0.00%	36.19%
40	Homestead Savings Bank	Albion	82	$73M	15.54%	0.64%	21.18%
41	State Sb of Manistique	Manistique	81	$166M	10.27%	0.08%	44.52%
42	Independent Bank	Grand Rapids	81	$5.3B	11.70%	0.15%	21.84%

For Depositors at A-Graded Banks

FDIC insurance — not the bank's grade — guarantees deposits up to $250,000 per depositor, per insured bank, per ownership category. Verify your bank's status and your specific coverage at FDIC.gov. The Bank Health Score and grade describe regulatory cushion in relative terms; insurance describes guaranteed protection.

For combined balances above $250,000 at a single bank, the FDIC's Electronic Deposit Insurance Estimator (EDIE) calculates exactly which dollars are insured. Account titling — joint, individual, retirement, payable-on-death — affects coverage. Federal regulators including the OCC publish the rules; FDIC.gov is the authoritative consumer source.

How These Grades Are Calculated

Every bank earns a Bank Health Score from four FDIC Call Report inputs: Tier 1 capital ratio (35%), NPL ratio inverted (30%), liquidity ratio (25%), and return on assets (10%). The 0–100 composite maps to A (80+), B (65–79), C (50–64), D (35–49), and F (under 35). Data flows from the FDIC BankFind API and the FFIEC Call Report archive. Read the full methodology.

Frequently Asked Questions

What does a A grade mean for a bank?

How many A-graded banks are in Michigan?

What does this tier look like financially?

Across 42 A-graded banks in Michigan, the average Tier 1 capital ratio is 35.95% and the average nonperforming-loan ratio is 0.33%. Combined assets in this cohort total $25.6B. These numbers come straight from the most recent quarterly FDIC Call Report.

Are deposits at A-graded banks still FDIC-insured?

Where does this data come from?

Bank financials are pulled from the FDIC BankFind API, which sources directly from quarterly Call Reports filed with the FFIEC. Health Scores are computed from a transparent four-factor formula using public Call Report fields. All FDIC and FFIEC data is U.S. government public domain.

All banks in Michigan →All grade A banks nationwide →Healthiest Banks →Methodology →

Sources: FDIC BankFind API ( banks.data.fdic.gov); FFIEC Call Reports ( cdr.ffiec.gov/public); OCC ( occ.gov). Public domain.

Last updated 2026-06-29 · 42 A-graded banks in Michigan. Informational only; not investment advice. Verify FDIC insurance directly at FDIC.gov.