First State Bank of Michigan
Headquarters: Decatur, Michigan
Overview
First State Bank of Michigan is an FDIC-insured bank headquartered in Decatur, Michigan. It reported $87.76M in assets and $71.57M in deposits for the period ending June 30, 2026. Bankular currently lists 2 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
March 31, 2026 to June 30, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Locations
Find a branch of First State Bank of Michigan
Main Office
124 S Phelps St, Decatur, Michigan, 49045
Full-service branch · Opened January 1, 1870
Traverse City Branch
232 E State St, Traverse City, Michigan, 49684
Full-service branch · Opened March 16, 2026
Address and directions →Financial overview
Latest reported figures
Through June 30, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| June 30, 2026 | $87.76M | $71.57M | $63.20M | -1.32% |
| March 31, 2026 | $83.18M | $66.79M | $50.66M | -1.35% |
| December 31, 2025 | $80.55M | $64.81M | $43.40M | -1.48% |
| September 30, 2025 | $65.30M | $49.27M | $33.57M | -1.48% |
| June 30, 2025 | $62.25M | $46.18M | $29.33M | -1.48% |
| March 31, 2025 | $63.68M | $48.42M | $25.90M | -1.73% |
| December 31, 2024 | $59.65M | $44.10M | $25.96M | -0.81% |
| September 30, 2024 | $53.99M | $42.58M | $27.86M | -1.36% |
Size and reach
How this institution compares
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More on First State Bank of Michigan
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Branch locations
2 listed locations.
Explore →Compare this institution
Compare size, financial metrics, rates and access.
Explore →State banking market
Explore institutions and deposit-market context in Michigan.
Explore →Decatur banking market
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Explore →Rankings and research
Place this institution in national and market context.
Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is First State Bank of Michigan federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 12893.
Where is First State Bank of Michigan headquartered?
First State Bank of Michigan is headquartered in Decatur, Michigan, at 124 S Phelps St, Decatur, Michigan, 49045.
How large is First State Bank of Michigan?
It reported $87.76M in assets and $71.57M in deposits for the period ending June 30, 2026.
How many locations does First State Bank of Michigan have?
Bankular currently lists 2 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.