B
B-Rated Banks in Michigan
14 banks · Average score: 72/100 · FDIC data from Q2 2024
| # | Bank | City | Score | Assets | Tier 1 Capital | NPL Ratio | Liquidity |
|---|---|---|---|---|---|---|---|
| 1 | Mercantile Bank | Grand Rapids | 78 | $5.5B | 12.80% | 0.20% | 15.27% |
| 2 | Oxford Bank | Oxford | 78 | $821M | 13.59% | 1.54% | 22.48% |
| 3 | Southern Michigan Bank&Trust | Coldwater | 77 | $1.5B | 11.46% | 0.09% | 21.02% |
| 4 | Huron Valley State Bank | Milford | 77 | $238M | 12.39% | 0.10% | 16.94% |
| 5 | West Shore Bank | Ludington | 73 | $766M | 10.53% | 0.08% | 21.03% |
| 6 | First Nb of Michigan | Kalamazoo | 73 | $978M | 10.30% | 0.04% | 20.79% |
| 7 | Honor Bank | Honor | 73 | $397M | 11.04% | 0.04% | 15.56% |
| 8 | Bank of Ann Arbor | Ann Arbor | 72 | $3.1B | 11.68% | 0.19% | 12.53% |
| 9 | Bay Port State Bank | Bay Port | 71 | $146M | 12.87% | 0.22% | 10.25% |
| 10 | Mi Bank | Bloomfield Towns | 70 | $230M | 10.71% | 0.14% | 17.31% |
| 11 | First Nb of America | East Lansing | 68 | $6.0B | 16.76% | 1.32% | 5.83% |
| 12 | State Bank | Fenton | 65 | $1.8B | 11.47% | 0.66% | 12.98% |
| 13 | County National Bank | Hillsdale | 65 | $1.2B | 10.31% | 0.68% | 14.90% |
| 14 | Plante Moran Trust NA | Southfield | 65 | $17M | 0.00% | 0.00% | 85.36% |