The First National Bank of Wakefield (FDIC certificate #5076) is based in Wakefield, Michigan. Its Q2 2026 call report shows $52.6M in total assets and $47.7M in deposits and 2 offices.
Based on its Q2 2026 filing, The First National Bank of Wakefield scores 68/100, which we describe as moderate. That is higher than only 33% of 546 banks with under $100 million in assets. Among 72 banks headquartered in Michigan, it ranks 36th. Its strongest component is funding & liquidity (100/100; 45% loans-to-deposits, 8% uninsured), and its lowest is earnings (46/100; 0.65%).
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 (67 → 68).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 66 |
| Q3 2024 | 60 |
| Q4 2024 | 63 |
| Q1 2025 | 69 |
| Q2 2025 | 67 |
| Q3 2025 | 65 |
| Q4 2025 | 65 |
| Q1 2026 | 63 |
| Q2 2026 | 68 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.56% |
| Q3 2024 | 9.02% |
| Q4 2024 | 9.50% |
| Q1 2025 | 9.63% |
| Q2 2025 | 9.81% |
| Q3 2025 | 9.75% |
| Q4 2025 | 9.85% |
| Q1 2026 | 9.56% |
| Q2 2026 | 10.15% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.66% |
| Q3 2024 | 1.12% |
| Q4 2024 | 0.91% |
| Q1 2025 | 0.41% |
| Q2 2025 | 0.71% |
| Q3 2025 | 0.86% |
| Q4 2025 | 0.89% |
| Q1 2026 | 1.03% |
| Q2 2026 | 0.71% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.51% |
| Q3 2024 | 0.51% |
| Q4 2024 | 0.47% |
| Q1 2025 | 0.61% |
| Q2 2025 | 0.63% |
| Q3 2025 | 0.65% |
| Q4 2025 | 0.57% |
| Q1 2026 | 0.62% |
| Q2 2026 | 0.65% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 68 | $52.6M | 10.15% | 0.71% | 0.65% | 45.0% |
| Q1 2026 | 63 | $53.3M | 9.56% | 1.03% | 0.62% | 43.2% |
| Q4 2025 | 65 | $53.0M | 9.85% | 0.89% | 0.57% | 44.4% |
| Q3 2025 | 65 | $54.2M | 9.75% | 0.86% | 0.65% | 41.8% |
| Q2 2025 | 67 | $53.9M | 9.81% | 0.71% | 0.63% | 42.7% |
| Q1 2025 | 69 | $53.4M | 9.63% | 0.41% | 0.61% | 43.4% |
| Q4 2024 | 63 | $53.4M | 9.50% | 0.91% | 0.47% | 44.0% |
| Q3 2024 | 60 | $55.5M | 9.02% | 1.12% | 0.51% | 43.4% |
| Q2 2024 | 66 | $54.4M | 9.56% | 0.66% | 0.51% | 43.6% |
546 peers · Under $100 million in assets
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 |
|---|---|---|---|---|---|
| The Port Austin State BankBank Port Austin, MI | 95 out of 100, Very strong | $67.8M | 18.4% | 0.00% | vs |
| JPMorgan Chase Bank, DearbornBank Dearborn, MI | 94 out of 100, Very strong | $71.5M | 99.6% | 0.00% | vs |
| Homestead Savings BankBank Albion, MI | 68 out of 100, Moderate | $71.6M | 9.4% | 0.24% | vs |
| First State Bank of MichiganBank Decatur, MI | 64 out of 100, Moderate | $87.8M | 13.9% | 0.88% | vs |
| Mayville State BankBank Mayville, MI | 63 out of 100, Moderate | $94.6M | 11.7% | 2.09% | vs |
| Huron State BankBank Rogers City, MI | 63 out of 100, Moderate | $95.1M | 12.4% | 2.05% | vs |
Deposit insurance
Is my money safe at The First National Bank of Wakefield?
Yes. The First National Bank of Wakefield is an FDIC-insured institution (FDIC certificate #5076). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 8.2% of deposits ($3.9M) are above the $250,000 FDIC insurance limit, below the peer median of 16%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.15%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 24.81% (benchmark: 10%).
2 locations
Branches
The First National Bank of Wakefield lists 2 offices in 2 cities. Most locations:
- Bessemer, MI (1)
- Wakefield, MI (1)
Identity & history
Profile
- Legal name
- The First National Bank of Wakefield
- Type
- National bank
- FDIC certificate #
- 5076
- RSSD ID
- 292850
- Primary regulator
- OCC
- Holding company
- Wakefield Bcorp Inc
- Established
- January 1, 1910
- Headquarters
- 401 Sunday Lake St, Wakefield, MI 49968
- Website
- www.fnbwakefieldmi.com/
- Employees
- 14
Quick answers
The First National Bank of Wakefield: common questions
Is The First National Bank of Wakefield FDIC insured?
Yes. The First National Bank of Wakefield is an FDIC-insured institution (FDIC certificate #5076). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The First National Bank of Wakefield's TellerScore?
68 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 The First National Bank of Wakefield ever failed?
There is no failure record for FDIC certificate #5076 in the FDIC failed bank list.
How many branches does The First National Bank of Wakefield have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Wakefield
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Gogebic County Federal Credit UnionCredit union Bessemer, MI | 92 out of 100, Very strong | $38.5M | 17.2% | 0.89% | vs |
| Iron County Community Credit UnionCredit union Hurley, WI | 78 out of 100, Strong | $47.4M | 18.6% | 2.00% | vs |
| Chippewa Valley BankBank Hayward, WI | 74 out of 100, Strong | $735.8M | 8.7% | 0.22% | vs |
| Associated Bank, National AssociationBank Green Bay, WI | 58 out of 100, Moderate | $51.8B | 8.4% | 0.42% | vs |
| IncredibleBankBank Wausau, WI | 57 out of 100, Moderate | $2.1B | 8.3% | 0.89% | vs |
| Headwaters State BankBank Land O' Lakes, WI | 47 out of 100, Below average | $122.5M | 11.2% | 6.35% | vs |