Headquartered in Gladstone, Michigan, Baybank is a state-chartered bank with $173.4M in total assets and $145.8M in deposits as of Q2 2026. It operates 3 offices. Its charter dates back to 1912.
Based on its Q2 2026 filing, Baybank scores 56/100, which we describe as moderate. That is higher than only 13% of 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 62nd. Its strongest component is problem-loan coverage (71/100; 14.3%), and its lowest is loan quality (33/100; 2.02%).
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
From Q2 2025 to Q2 2026, the score fell 8 points (64 → 56), mostly because the loan quality component weakened by 30 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 55 |
| Q3 2024 | 54 |
| Q4 2024 | 61 |
| Q1 2025 | 65 |
| Q2 2025 | 64 |
| Q3 2025 | 69 |
| Q4 2025 | 63 |
| Q1 2026 | 62 |
| Q2 2026 | 56 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.92% |
| Q3 2024 | 9.92% |
| Q4 2024 | 9.92% |
| Q1 2025 | 9.98% |
| Q2 2025 | 10.13% |
| Q3 2025 | 10.37% |
| Q4 2025 | 10.62% |
| Q1 2026 | 10.77% |
| Q2 2026 | 10.71% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 1.84% |
| Q3 2024 | 1.94% |
| Q4 2024 | 1.33% |
| Q1 2025 | 0.99% |
| Q2 2025 | 1.12% |
| Q3 2025 | 0.85% |
| Q4 2025 | 1.54% |
| Q1 2026 | 1.58% |
| Q2 2026 | 2.02% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.07% |
| Q3 2024 | 1.12% |
| Q4 2024 | 1.15% |
| Q1 2025 | 1.24% |
| Q2 2025 | 1.30% |
| Q3 2025 | 1.40% |
| Q4 2025 | 1.43% |
| Q1 2026 | 1.41% |
| Q2 2026 | 1.23% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 56 | $173.4M | 10.71% | 2.02% | 1.23% | 92.4% |
| Q1 2026 | 62 | $175.1M | 10.77% | 1.58% | 1.41% | 88.4% |
| Q4 2025 | 63 | $168.8M | 10.62% | 1.54% | 1.43% | 88.4% |
| Q3 2025 | 69 | $166.2M | 10.37% | 0.85% | 1.40% | 88.0% |
| Q2 2025 | 64 | $165.1M | 10.13% | 1.12% | 1.30% | 86.7% |
| Q1 2025 | 65 | $165.6M | 9.98% | 0.99% | 1.24% | 83.2% |
| Q4 2024 | 61 | $159.5M | 9.92% | 1.33% | 1.15% | 84.4% |
| Q3 2024 | 54 | $156.8M | 9.92% | 1.94% | 1.12% | 87.3% |
| Q2 2024 | 55 | $154.9M | 9.92% | 1.84% | 1.07% | 84.0% |
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 |
|---|---|---|---|---|---|
| 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 |
| Peoples State Bank of MunisingBank Munising, MI | 48 out of 100, Below average | $190.4M | 12.7% | 3.39% | vs |
| Bay Port State BankBank Bay Port, MI | 71 out of 100, Strong | $153.4M | 10.9% | 0.65% | vs |
| Northern Interstate Bank, N. A.Bank Norway, MI | 65 out of 100, Moderate | $193.5M | 9.4% | 0.75% | vs |
| Sidney State BankBank Sidney, MI | 80 out of 100, Strong | $138.7M | 9.6% | 0.06% | vs |
Deposit insurance
Is my money safe at Baybank?
Yes. Baybank is an FDIC-insured institution (FDIC certificate #1092). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 19.6% of deposits ($28.6M) 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 10.71%, 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%).
3 locations
Branches
Baybank lists 3 offices in 3 cities. Most locations:
- Escanaba, MI (1)
- Gladstone, MI (1)
- Rapid River, MI (1)
Identity & history
Profile
- Legal name
- Baybank
- Former names
- Gladstone State Bank
- Type
- State-chartered bank
- FDIC certificate #
- 1092
- RSSD ID
- 242958
- Primary regulator
- FDIC
- Holding company
- Baybank Corp
- Established
- July 1, 1912
- Headquarters
- 104 S 10th St, Gladstone, MI 49837
- Website
- baybank.us
- Employees
- 37
Quick answers
Baybank: common questions
Is Baybank FDIC insured?
Yes. Baybank is an FDIC-insured institution (FDIC certificate #1092). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Baybank's TellerScore?
56 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Baybank ever failed?
There is no failure record for FDIC certificate #1092 in the FDIC failed bank list.
How many branches does Baybank have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Gladstone
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Bank, Upper MichiganBank Gladstone, MI | 81 out of 100, Strong | $629.5M | 12.7% | 0.63% | vs |
| U.P. State Credit UnionCredit union Escanaba, MI | 79 out of 100, Strong | $210.3M | 13.2% | 1.10% | vs |
| Upper Peninsula State BankBank Escanaba, MI | 72 out of 100, Strong | $371.7M | 13.4% | 1.09% | vs |
| Rock Community Federal Credit UnionCredit union Rock, MI | 69 out of 100, Moderate | $9.1M | 8.7% | 0.04% | vs |
| Great Lakes First Federal Credit UnionCredit union Escanaba, MI | 66 out of 100, Moderate | $105.4M | 10.3% | 1.15% | vs |
| Nicolet National BankBank Green Bay, WI | 64 out of 100, Moderate | $15.4B | 9.6% | 0.63% | vs |