Headquartered in Cheboygan, Michigan, Citizens National Bank of Cheboygan is a national bank with $471.0M in total assets and $435.8M in deposits as of Q2 2026. It operates 10 offices. Its charter dates back to 1931.
Based on its Q2 2026 filing, Citizens National Bank of Cheboygan scores 53/100, which we describe as below average. That is higher than only 9% of 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 65th. Its strongest component is funding & liquidity (87/100; 61% loans-to-deposits, 26% uninsured), and its lowest is capital cushion (35/100; 8.49%).
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 13 points (66 → 53), mostly because the loan quality component weakened by 48 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 60 |
| Q3 2024 | 61 |
| Q4 2024 | 63 |
| Q1 2025 | 64 |
| Q2 2025 | 66 |
| Q3 2025 | 49 |
| Q4 2025 | 52 |
| Q1 2026 | 51 |
| Q2 2026 | 53 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 7.21% |
| Q3 2024 | 7.10% |
| Q4 2024 | 7.37% |
| Q1 2025 | 7.55% |
| Q2 2025 | 7.92% |
| Q3 2025 | 7.86% |
| Q4 2025 | 8.23% |
| Q1 2026 | 8.25% |
| Q2 2026 | 8.49% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.16% |
| Q3 2024 | 0.16% |
| Q4 2024 | 0.13% |
| Q1 2025 | 0.05% |
| Q2 2025 | 0.04% |
| Q3 2025 | 1.60% |
| Q4 2025 | 1.53% |
| Q1 2026 | 1.53% |
| Q2 2026 | 1.47% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.57% |
| Q3 2024 | 0.62% |
| Q4 2024 | 0.66% |
| Q1 2025 | 0.64% |
| Q2 2025 | 0.67% |
| Q3 2025 | 0.78% |
| Q4 2025 | 0.82% |
| Q1 2026 | 0.73% |
| Q2 2026 | 0.73% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 53 | $471.0M | 8.49% | 1.47% | 0.73% | 60.8% |
| Q1 2026 | 51 | $463.9M | 8.25% | 1.53% | 0.73% | 58.6% |
| Q4 2025 | 52 | $471.0M | 8.23% | 1.53% | 0.82% | 60.6% |
| Q3 2025 | 49 | $492.9M | 7.86% | 1.60% | 0.78% | 53.9% |
| Q2 2025 | 66 | $469.2M | 7.92% | 0.04% | 0.67% | 55.0% |
| Q1 2025 | 64 | $467.2M | 7.55% | 0.05% | 0.64% | 53.0% |
| Q4 2024 | 63 | $476.5M | 7.37% | 0.13% | 0.66% | 55.5% |
| Q3 2024 | 61 | $514.7M | 7.10% | 0.16% | 0.62% | 51.6% |
| Q2 2024 | 60 | $482.6M | 7.21% | 0.16% | 0.57% | 57.1% |
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 |
|---|---|---|---|---|---|
| Lake-Osceola State BankBank Baldwin, MI | 85 out of 100, Very strong | $469.4M | 12.5% | 0.24% | vs |
| 1st State BankBank Saginaw, MI | 76 out of 100, Strong | $490.1M | 12.3% | 0.35% | vs |
| Century Bank and TrustBank Coldwater, MI | 86 out of 100, Very strong | $494.0M | 14.6% | 0.66% | vs |
| Honor BankBank Honor, MI | 71 out of 100, Strong | $442.7M | 9.8% | 0.32% | vs |
| Grand River BankBank Grandville, MI | 65 out of 100, Moderate | $507.3M | 10.2% | 0.17% | vs |
| State Savings BankBank Frankfort, MI | 61 out of 100, Moderate | $431.2M | 8.8% | 0.20% | vs |
Deposit insurance
Is my money safe at Citizens National Bank of Cheboygan?
Yes. Citizens National Bank of Cheboygan is an FDIC-insured institution (FDIC certificate #5018). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 26.2% of deposits ($114.2M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 8.49%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 15.45% (benchmark: 10%).
10 locations
Branches
Citizens National Bank of Cheboygan lists 8 offices in 7 cities. Most locations:
- Cheboygan, MI (2)
- Alanson, MI (1)
- Indian River, MI (1)
- Mackinaw City, MI (1)
- Onaway, MI (1)
- Pellston, MI (1)
- Petoskey, MI (1)
Identity & history
Profile
- Legal name
- Citizens National Bank of Cheboygan
- Type
- National bank
- FDIC certificate #
- 5018
- RSSD ID
- 773742
- Primary regulator
- OCC
- Holding company
- Cnb Corp
- Established
- January 24, 1931
- Headquarters
- 303 N Main St, Cheboygan, MI 49721
- Website
- www.cnbismybank.com
- Employees
- 91
Quick answers
Citizens National Bank of Cheboygan: common questions
Is Citizens National Bank of Cheboygan FDIC insured?
Yes. Citizens National Bank of Cheboygan is an FDIC-insured institution (FDIC certificate #5018). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Citizens National Bank of Cheboygan's TellerScore?
53 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Citizens National Bank of Cheboygan ever failed?
There is no failure record for FDIC certificate #5018 in the FDIC failed bank list.
How many branches does Citizens National Bank of Cheboygan have?
10 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Cheboygan
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Community BankBank Harbor Springs, MI | 77 out of 100, Strong | $413.6M | 9.9% | 0.00% | vs |
| Alpena-Alcona Area Credit UnionCredit union Alpena, MI | 77 out of 100, Strong | $975.7M | 12.2% | 0.85% | vs |
| Central Savings BankBank Sault Sainte Marie, MI | 74 out of 100, Strong | $516.8M | 9.5% | 0.16% | vs |
| Awakon Federal Credit UnionCredit union Onaway, MI | 71 out of 100, Strong | $202.7M | 13.5% | 1.86% | vs |
| Nicolet National BankBank Green Bay, WI | 64 out of 100, Moderate | $15.4B | 9.6% | 0.63% | vs |
| PNC Bank, National AssociationBank Wilmington, DE | 62 out of 100, Moderate | $609.8B | 9.0% | 0.74% | vs |