TellerScore

Eastern Michigan Bank (FDIC certificate #982) is based in Croswell, Michigan. Its Q2 2026 call report shows $553.6M in total assets and $453.7M in deposits and 13 offices.

Eastern Michigan Bank has a TellerScore of 79 out of 100 (strong) based on Q2 2026 data — higher than 75% of its 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 12th. Problem-loan coverage contributes the most (98/100, 1.2%); capital cushion contributes the least (70/100, 11.99%).

TellerScore · Q2 2026

Scorecard

Capital cushion70/100
Tier 1 leverage ratio: 11.99%
Loan quality79/100
Noncurrent loans ÷ total loans: 0.63%
Earnings77/100
Return on assets (annualized): 1.42%
Funding & liquidity84/100
Loans ÷ deposits and uninsured-deposit share: 42.3% · 29.8% uninsured
Problem-loan coverage98/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 1.23%

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 rose 3 points (76 → 79), mostly because the capital cushion component improved by 12 points.

TellerScore
647279Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202465
Q3 202464
Q4 202470
Q1 202569
Q2 202576
Q3 202575
Q4 202564
Q1 202675
Q2 202679
Tier 1 leverage ratio
5.00%8.49%11.99%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20248.98%
Q3 20248.94%
Q4 202410.17%
Q1 202510.38%
Q2 202510.77%
Q3 202510.86%
Q4 202510.74%
Q1 202610.45%
Q2 202611.99%
Noncurrent loans
0.38%0.65%0.92%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.89%
Q3 20240.90%
Q4 20240.87%
Q1 20250.92%
Q2 20250.47%
Q3 20250.51%
Q4 20250.50%
Q1 20260.38%
Q2 20260.63%
Return on assets
0.00%0.73%1.45%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.12%
Q3 20241.20%
Q4 20241.35%
Q1 20251.22%
Q2 20251.42%
Q3 20251.45%
Q4 20250.00%
Q1 20261.39%
Q2 20261.42%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202679$553.6M11.99%0.63%1.42%42.3%
Q1 202675$567.8M10.45%0.38%1.39%41.6%
Q4 202564$571.8M10.74%0.50%0.00%42.3%
Q3 202575$560.1M10.86%0.51%1.45%40.7%
Q2 202576$504.5M10.77%0.47%1.42%45.7%
Q1 202569$512.5M10.38%0.92%1.22%43.3%
Q4 202470$520.8M10.17%0.87%1.35%46.1%
Q3 202464$548.6M8.94%0.90%1.20%43.7%
Q2 202465$558.7M8.98%0.89%1.12%47.4%

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).

Capital ratio11.99%
65th
Total risk-based capital20.29%
87th
Problem loans0.63%
40th
Net charge-offs-0.07%
97th
Return on assets1.42%
60th
Net interest margin4.82%
88th
Efficiency ratio48.6%
86th
Loans to deposits42.3%
95th
Uninsured deposits29.8%
29th
Loan-loss reserves1.16%
47th
Texas ratio1.2%
66th

Similar-size banks in Michigan

InstitutionScoreAssetsCapitalProblem loansCompare
Commercial BankBank Ithaca, MI75 out of 100, Strong$552.7M10.9%0.39%vs
Eaton Community BankBank Charlotte, MI71 out of 100, Strong$543.5M12.9%1.23%vs
Citizens State BankBank Royal Oak, MI70 out of 100, Strong$581.0M8.6%0.18%vs
Central Savings BankBank Sault Sainte Marie, MI74 out of 100, Strong$516.8M9.5%0.16%vs
Highpoint Community BankBank Hastings, MI66 out of 100, Moderate$592.4M8.5%0.04%vs
Grand River BankBank Grandville, MI65 out of 100, Moderate$507.3M10.2%0.17%vs

Deposit insurance

Is my money safe at Eastern Michigan Bank?

Yes. Eastern Michigan Bank is an FDIC-insured institution (FDIC certificate #982). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 29.8% of deposits ($135.4M) 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 11.99%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 20.29% (benchmark: 10%).

Check how much of your own balance is covered

13 locations

Branches

Eastern Michigan Bank lists 10 offices in 10 cities. Most locations:

  • Croswell, MI (1)
  • Deckerville, MI (1)
  • Fort Gratiot, MI (1)
  • Lakeport, MI (1)
  • Lexington, MI (1)
  • Marine City, MI (1)
  • Marysville, MI (1)
  • Port Huron, MI (1)
  • Ruth, MI (1)
  • Sandusky, MI (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Eastern Michigan Bank reported 50 home-loan applications under HMDA (LEI 549300ZATTFRM57YVB31): 43 originated ($6,995,000 total), 7 denied, and 0 withdrawn or closed by the applicant. Its denial rate on decided applications was 14.0%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Eastern Michigan Bank
Former names
State Bank or Croswell; State Bank of Croswell
Type
State-chartered bank (Fed member)
FDIC certificate #
982
RSSD ID
643340
Primary regulator
FED
Holding company
Mercantile Bank Corp
Established
December 4, 1895
Headquarters
65 N Howard Ave, Croswell, MI 48422
Employees
86

Quick answers

Eastern Michigan Bank: common questions

Is Eastern Michigan Bank FDIC insured?

Yes. Eastern Michigan Bank is an FDIC-insured institution (FDIC certificate #982). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Eastern Michigan Bank's TellerScore?

79 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 Eastern Michigan Bank ever failed?

There is no failure record for FDIC certificate #982 in the FDIC failed bank list.

How many branches does Eastern Michigan Bank have?

13 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Croswell

InstitutionScoreAssetsCapitalProblem loansCompare
Blue Water Federal Credit UnionCredit union Port Huron, MI86 out of 100, Very strong$20.4M14.4%0.23%vs
Tri-County BankBank Brown City, MI78 out of 100, Strong$638.6M13.6%1.30%vs
Thumb Bank and TrustBank Pigeon, MI77 out of 100, Strong$673.3M9.4%0.03%vs
Flagship Community Federal Credit UnionCredit union Port Huron, MI76 out of 100, Strong$34.8M11.2%0.31%vs
Team One Credit UnionCredit union Saginaw, MI66 out of 100, Moderate$765.9M9.9%0.64%vs
Advia Credit UnionCredit union Kalamazoo, MI64 out of 100, Moderate$4.1B9.7%0.70%vs