Peoples State Bank of Munising is a state-chartered bank headquartered in Munising, Michigan, in business for about 116 years. At the end of Q2 2026 it reported $190.4M in total assets and $142.0M in deposits, with 5 offices.
Based on its Q2 2026 filing, Peoples State Bank of Munising scores 48/100, which we describe as below average. That is higher than only 6% of 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 69th. Its strongest component is capital cushion (77/100; 12.75%), and its lowest is loan quality (0/100; 3.39%).
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 (61 → 48), mostly because the loan quality component weakened by 57 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 71 |
| Q3 2024 | 61 |
| Q4 2024 | 61 |
| Q1 2025 | 60 |
| Q2 2025 | 61 |
| Q3 2025 | 46 |
| Q4 2025 | 47 |
| Q1 2026 | 47 |
| Q2 2026 | 48 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.67% |
| Q3 2024 | 10.89% |
| Q4 2024 | 10.90% |
| Q1 2025 | 10.93% |
| Q2 2025 | 11.54% |
| Q3 2025 | 11.95% |
| Q4 2025 | 11.49% |
| Q1 2026 | 12.64% |
| Q2 2026 | 12.75% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.00% |
| Q3 2024 | 1.25% |
| Q4 2024 | 1.23% |
| Q1 2025 | 1.25% |
| Q2 2025 | 1.28% |
| Q3 2025 | 3.89% |
| Q4 2025 | 3.34% |
| Q1 2026 | 3.59% |
| Q2 2026 | 3.39% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.68% |
| Q3 2024 | 0.71% |
| Q4 2024 | 0.65% |
| Q1 2025 | 0.50% |
| Q2 2025 | 0.52% |
| Q3 2025 | 0.57% |
| Q4 2025 | 0.71% |
| Q1 2026 | 0.42% |
| Q2 2026 | 0.43% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 48 | $190.4M | 12.75% | 3.39% | 0.43% | 76.4% |
| Q1 2026 | 47 | $188.1M | 12.64% | 3.59% | 0.42% | 75.8% |
| Q4 2025 | 47 | $182.3M | 11.49% | 3.34% | 0.71% | 75.3% |
| Q3 2025 | 46 | $194.0M | 11.95% | 3.89% | 0.57% | 73.4% |
| Q2 2025 | 61 | $198.5M | 11.54% | 1.28% | 0.52% | 74.9% |
| Q1 2025 | 60 | $201.7M | 10.93% | 1.25% | 0.50% | 73.9% |
| Q4 2024 | 61 | $200.6M | 10.90% | 1.23% | 0.65% | 78.0% |
| Q3 2024 | 61 | $206.2M | 10.89% | 1.25% | 0.71% | 72.8% |
| Q2 2024 | 71 | $205.5M | 10.67% | 0.00% | 0.68% | 77.0% |
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 |
|---|---|---|---|---|---|
| Northern Interstate Bank, N. A.Bank Norway, MI | 65 out of 100, Moderate | $193.5M | 9.4% | 0.75% | vs |
| The State Savings Bank of ManistiqueBank Manistique, MI | 66 out of 100, Moderate | $178.2M | 9.6% | 0.70% | vs |
| Bank MichiganBank Brooklyn, MI | 62 out of 100, Moderate | $176.0M | 11.3% | 1.03% | vs |
| BaybankBank Gladstone, MI | 56 out of 100, Moderate | $173.4M | 10.7% | 2.02% | vs |
| Capitol National BankBank Lansing, MI | 75 out of 100, Strong | $209.3M | 16.7% | 1.49% | vs |
| Bay Port State BankBank Bay Port, MI | 71 out of 100, Strong | $153.4M | 10.9% | 0.65% | vs |
Deposit insurance
Is my money safe at Peoples State Bank of Munising?
Yes. Peoples State Bank of Munising is an FDIC-insured institution (FDIC certificate #15165). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 26.0% of deposits ($37.0M) 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 12.75%, 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%).
5 locations
Branches
Peoples State Bank of Munising lists 5 offices in 5 cities. Most locations:
- Au Train, MI (1)
- Chatham, MI (1)
- Grand Marais, MI (1)
- Munising, MI (1)
- Wetmore, MI (1)
Identity & history
Profile
- Legal name
- Peoples State Bank of Munising
- Type
- State-chartered bank
- FDIC certificate #
- 15165
- RSSD ID
- 262956
- Primary regulator
- FDIC
- Holding company
- Peoples State Bcorp Inc
- Established
- June 7, 1910
- Headquarters
- 100 E Superior St, Munising, MI 49862
- Website
- www.psbup.com
- Employees
- 35
Quick answers
Peoples State Bank of Munising: common questions
Is Peoples State Bank of Munising FDIC insured?
Yes. Peoples State Bank of Munising is an FDIC-insured institution (FDIC certificate #15165). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Peoples State Bank of Munising's TellerScore?
48 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 Peoples State Bank of Munising ever failed?
There is no failure record for FDIC certificate #15165 in the FDIC failed bank list.
How many branches does Peoples State Bank of Munising have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Munising
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Northern Lights Community Federal Credit UnionCredit union Chatham, MI | 70 out of 100, Strong | $12.9M | 9.8% | 1.67% | vs |