Headquartered in Bay Port, Michigan, Bay Port State Bank is a state-chartered bank with $153.4M in total assets and $136.1M in deposits as of Q2 2026. It operates 4 offices. Its charter dates back to 1938.
Based on its Q2 2026 filing, Bay Port State Bank scores 71/100, which we describe as strong. That is higher than only 47% of 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 32nd. Its strongest component is problem-loan coverage (91/100; 4.7%), and its lowest is capital cushion (59/100; 10.89%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (71 → 71).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 69 |
| Q3 2024 | 65 |
| Q4 2024 | 68 |
| Q1 2025 | 73 |
| Q2 2025 | 71 |
| Q3 2025 | 67 |
| Q4 2025 | 65 |
| Q1 2026 | 70 |
| Q2 2026 | 71 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.08% |
| Q3 2024 | 9.28% |
| Q4 2024 | 9.55% |
| Q1 2025 | 9.56% |
| Q2 2025 | 9.85% |
| Q3 2025 | 10.05% |
| Q4 2025 | 10.23% |
| Q1 2026 | 10.55% |
| Q2 2026 | 10.89% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.22% |
| Q3 2024 | 0.69% |
| Q4 2024 | 0.55% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.24% |
| Q3 2025 | 0.76% |
| Q4 2025 | 1.05% |
| Q1 2026 | 0.51% |
| Q2 2026 | 0.65% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.11% |
| Q3 2024 | 1.17% |
| Q4 2024 | 1.14% |
| Q1 2025 | 1.16% |
| Q2 2025 | 1.24% |
| Q3 2025 | 1.28% |
| Q4 2025 | 1.28% |
| Q1 2026 | 1.24% |
| Q2 2026 | 1.34% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | $153.4M | 10.89% | 0.65% | 1.34% | 95.8% |
| Q1 2026 | 70 | $150.1M | 10.55% | 0.51% | 1.24% | 95.7% |
| Q4 2025 | 65 | $153.3M | 10.23% | 1.05% | 1.28% | 92.3% |
| Q3 2025 | 67 | $150.1M | 10.05% | 0.76% | 1.28% | 95.8% |
| Q2 2025 | 71 | $149.3M | 9.85% | 0.24% | 1.24% | 95.2% |
| Q1 2025 | 73 | $151.7M | 9.56% | 0.00% | 1.16% | 87.0% |
| Q4 2024 | 68 | $149.3M | 9.55% | 0.55% | 1.14% | 86.3% |
| Q3 2024 | 65 | $145.9M | 9.28% | 0.69% | 1.17% | 88.9% |
| Q2 2024 | 69 | $146.3M | 9.08% | 0.22% | 1.11% | 87.4% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Michigan
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Sidney State BankBank Sidney, MI | 80 out of 100, Strong | $138.7M | 9.6% | 0.06% | vs |
| The Miners State BankBank Iron River, MI | 82 out of 100, Strong | $134.8M | 12.2% | 0.00% | vs |
| BaybankBank Gladstone, MI | 56 out of 100, Moderate | $173.4M | 10.7% | 2.02% | vs |
| Bank MichiganBank Brooklyn, MI | 62 out of 100, Moderate | $176.0M | 11.3% | 1.03% | vs |
| The State Savings Bank of ManistiqueBank Manistique, MI | 66 out of 100, Moderate | $178.2M | 9.6% | 0.70% | vs |
| G. W. Jones Exchange BankBank Marcellus, MI | 61 out of 100, Moderate | $122.8M | 10.4% | 1.64% | vs |
Deposit insurance
Is my money safe at Bay Port State Bank?
Yes. Bay Port State Bank is an FDIC-insured institution (FDIC certificate #15585). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 10.6% of deposits ($14.4M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.89%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
4 locations
Branches
Bay Port State Bank lists 4 offices in 4 cities. Most locations:
- Bad Axe, MI (1)
- Bay Port, MI (1)
- Pigeon, MI (1)
- Sebewaing, MI (1)
Identity & history
Profile
- Legal name
- Bay Port State Bank
- Former names
- Bayport State Bank
- Type
- State-chartered bank
- FDIC certificate #
- 15585
- RSSD ID
- 961446
- Primary regulator
- FDIC
- Holding company
- Bay Port Financial Corp
- Established
- March 1, 1938
- Headquarters
- 9840 Main St, Bay Port, MI 48720
- Website
- www.bayportstatebank.com
- Employees
- 33
Quick answers
Bay Port State Bank: common questions
Is Bay Port State Bank FDIC insured?
Yes. Bay Port State Bank is an FDIC-insured institution (FDIC certificate #15585). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Bay Port State Bank's TellerScore?
71 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Bay Port State Bank ever failed?
There is no failure record for FDIC certificate #15585 in the FDIC failed bank list.
How many branches does Bay Port State Bank have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Bay Port
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The Port Austin State BankBank Port Austin, MI | 95 out of 100, Very strong | $67.8M | 18.4% | 0.00% | vs |
| Tri-County BankBank Brown City, MI | 78 out of 100, Strong | $638.6M | 13.6% | 1.30% | vs |
| Thumb Bank and TrustBank Pigeon, MI | 77 out of 100, Strong | $673.3M | 9.4% | 0.03% | vs |
| Horizon BankBank Michigan City, IN | 72 out of 100, Strong | $6.5B | 10.5% | 0.70% | vs |
| Team One Credit UnionCredit union Saginaw, MI | 66 out of 100, Moderate | $765.9M | 9.9% | 0.64% | vs |
| Northland Area Federal Credit UnionCredit union Alpena, MI | 65 out of 100, Moderate | $714.4M | 10.3% | 0.88% | vs |