The First National Bank of St. Ignace
Total assets
$335.8M
▲ +4.4% YoY
Deposits
$316.3M
▲ +3.0% YoY
Loans
$111.1M
▲ +7.2% YoY
Offices
7
MACKINAC NATIONAL BCORP INC
ROA (annualized)
0.63%
peers 1.24%
ROE (annualized)
11.97%
peers 11.87%
Peer comparison 1,900 banks with 100M-500M in assets
| Metric | This bank | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | +4.4% | +4.4% | +0.0 pts |
| Deposit growth (YoY) | +3.0% | +4.0% | -1.0 pts |
| Loan growth (YoY) | +7.2% | +5.6% | +1.6 pts |
| ROA | 0.63% | 1.24% | -0.6 pts |
| ROE | 12.0% | 11.9% | +0.1 pts |
ROA ranks in the 17th percentile of its peer group · Q2 2026
Profile
- Established
- 1888
- Charter
- OCC
- Primary regulator
- OCC
- Holding company
- MACKINAC NATIONAL BCORP INC
- Specialization
- Other Specialized Under 1 Billion
- Address
- 132 N State St, St. Ignace, MI, 49781
- County
- Mackinac
- Offices
- 7
- FDIC cert #
- 5074
- RSSD ID
- 381950
- Latest call report
- Q2 2026
Total assets last 8 quarters
Deposits last 8 quarters
Quarterly financials FDIC call report
| Quarter | Assets | Deposits | Loans | Equity | Net income YTD | ROA | NIM | Nonperforming |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $335.8M | $316.3M | $111.1M | $17.6M | $1.1M | 0.63% | 2.97% | 0.22% |
| Q1 2026 | $334.4M | $315.0M | $110.0M | $17.8M | $538K | 0.63% | 2.97% | 0.01% |
| Q4 2025 | $343.7M | $324.0M | $107.3M | $18.0M | $-25K | -0.01% | 2.24% | 0.23% |
| Q3 2025 | $364.8M | $348.2M | $102.6M | $15.4M | $181K | 0.07% | 2.09% | 0.00% |
| Q2 2025 | $321.8M | $307.2M | $103.7M | $13.3M | $-13K | -0.01% | 1.96% | 0.15% |
| Q1 2025 | $320.9M | $307.3M | $101.9M | $12.4M | $-23K | -0.03% | 1.83% | 0.12% |
| Q4 2024 | $317.3M | $305.7M | $90.7M | $10.5M | $3.6M | 1.11% | 2.07% | 0.20% |
| Q3 2024 | $357.2M | $343.9M | $88.3M | $11.9M | $3.3M | 1.34% | 1.97% | 0.16% |
Loan mix (Q2 2026): real estate $84.5M · commercial $7.8M · consumer $16.0M · securities $165.8M
Ratio pack Q2 2026 · peer medians from 1900 institutions
Profitability
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 0.63% | 1.24% | 17th | |
Return on equity Annualized net income ÷ equity or net worth | 12.0% | 11.9% | 51th | |
Net interest margin Interest income − interest expense, ÷ assets | 2.97% | 3.96% | 9th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 75.0% | 62.9% | 78th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Assets per office Branch efficiency; high numbers usually mean digital-first | 00.0% | 00.0% |
11 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
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