Updated April 2026 · FDIC Call Report Q2 2024
A-Rated Banks in Michigan
30 banks · Average score: 91/100 · Combined assets $21.5B
30 banks in this state currently hold A grades, averaging a composite score of 91/100. 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 42.32% and an NPL ratio of 0.31%, sourced from the most recent FDIC quarterly Call Report.
30 Michigan banks earn an A grade on the BankHealth composite, with an average score of 91/100. 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.
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 30 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 | 30 |
| Combined assets | $21.5B |
| Average composite score | 91/100 |
| Average Tier 1 capital ratio | 42.32% |
| Average NPL ratio | 0.31% |
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 | Central Savings Bank | Sault Sainte Mar | 97 | $452M | 14.64% | 0.14% | 45.54% |
| 5 | Chelsea State Bank | Chelsea | 97 | $407M | 17.61% | 0.12% | 33.32% |
| 6 | Charlevoix State Bank | Charlevoix | 97 | $255M | 19.52% | 0.12% | 50.56% |
| 7 | Lake-Osceola State Bank | Baldwin | 97 | $443M | 15.82% | 0.24% | 31.45% |
| 8 | Highpoint Community Bank | Hastings | 96 | $540M | 14.74% | 0.10% | 37.83% |
| 9 | Blissfield State Bank | Blissfield | 96 | $112M | 15.29% | 0.00% | 46.10% |
| 10 | Thumb Bank&Trust | Pigeon | 95 | $607M | 14.43% | 0.05% | 39.46% |
| 11 | First Nb of St Ignace | St. Ignace | 95 | $306M | 16.62% | 0.90% | 64.49% |
| 12 | G W Jones Exchange Bank | Marcellus | 95 | $101M | 36.53% | 0.18% | 74.03% |
| 13 | Sidney State Bank | Sidney | 92 | $128M | 14.17% | 0.13% | 26.66% |
| 14 | Kalamazoo County State Bank | Schoolcraft | 92 | $119M | 18.09% | 0.25% | 44.72% |
| 15 | Superior National Bank | Hancock | 91 | $1.0B | 16.13% | 0.42% | 28.60% |
| 16 | First Nb of Wakefield | Wakefield | 90 | $54M | 22.93% | 0.66% | 56.62% |
| 17 | Choiceone Bank | Sparta | 89 | $2.6B | 12.50% | 0.14% | 37.80% |
| 18 | Shelby State Bank | Shelby | 89 | $362M | 13.15% | 0.00% | 39.17% |
| 19 | Citizens Nb of Cheboygan | Cheboygan | 89 | $483M | 13.21% | 0.16% | 43.85% |
| 20 | Community Unity Bank | Birmingham | 89 | $49M | 96.45% | 0.00% | 29.22% |
| 21 | Range Bank | Marquette | 88 | $570M | 12.34% | 0.09% | 35.87% |
| 22 | Eastern Michigan Bank | Croswell | 87 | $559M | 13.20% | 0.89% | 55.45% |
| 23 | Auto Club Trust FSB | Dearborn | 86 | $484M | 16.36% | 0.74% | 42.13% |
| 24 | Huron Community Bank | East Tawas | 84 | $325M | 13.59% | 1.01% | 45.97% |
| 25 | Dearborn FSB | Dearborn | 84 | $273M | 51.22% | 0.04% | 22.30% |
| 26 | 1st State Bank | Saginaw | 84 | $479M | 13.41% | 1.34% | 35.37% |
| 27 | Isabella Bank | Mount Pleasant | 83 | $2.0B | 11.90% | 0.07% | 26.30% |
| 28 | First Bank Upper Michigan | Gladstone | 83 | $604M | 14.00% | 0.76% | 22.99% |
| 29 | Homestead Savings Bank | Albion | 82 | $73M | 15.54% | 0.64% | 21.18% |
| 30 | 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?
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 30 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.
How many A-graded banks are in Michigan?
30 banks in this state currently hold A grades, averaging a composite score of 91/100. 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.
What does this tier look like financially?
Across 30 A-graded banks in Michigan, the average Tier 1 capital ratio is 42.32% and the average nonperforming-loan ratio is 0.31%. Combined assets in this cohort total $21.5B. These numbers come straight from the most recent quarterly FDIC Call Report.
Are deposits at A-graded banks still FDIC-insured?
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.
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.
Sources: FDIC BankFind API ( banks.data.fdic.gov); FFIEC Call Reports ( cdr.ffiec.gov/public); OCC ( occ.gov). Public domain.
Last updated 2026-04-06 · 30 A-graded banks in Michigan. Informational only; not investment advice. Verify FDIC insurance directly at FDIC.gov.