The Miners State Bank (FDIC certificate #10928) is based in Iron River, Michigan. Its Q2 2026 call report shows $134.8M in total assets and $117.6M in deposits and 6 offices.
Based on its Q2 2026 filing, The Miners State Bank scores 82/100, which we describe as strong. That is higher than 82% of 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 8th. Its strongest component is loan quality (100/100; 0.00%), and its lowest is earnings (62/100; 1.05%).
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 rose 7 points (75 → 82), mostly because the earnings component improved by 15 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 64 |
| Q3 2024 | 62 |
| Q4 2024 | 70 |
| Q1 2025 | 73 |
| Q2 2025 | 75 |
| Q3 2025 | 75 |
| Q4 2025 | 75 |
| Q1 2026 | 82 |
| Q2 2026 | 82 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.41% |
| Q3 2024 | 10.99% |
| Q4 2024 | 11.14% |
| Q1 2025 | 11.43% |
| Q2 2025 | 11.32% |
| Q3 2025 | 11.35% |
| Q4 2025 | 11.53% |
| Q1 2026 | 11.78% |
| Q2 2026 | 12.19% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.89% |
| Q3 2024 | 0.83% |
| Q4 2024 | 0.04% |
| Q1 2025 | 0.39% |
| Q2 2025 | 0.04% |
| Q3 2025 | 0.27% |
| Q4 2025 | 0.34% |
| Q1 2026 | 0.01% |
| Q2 2026 | 0.00% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.33% |
| Q3 2024 | 0.04% |
| Q4 2024 | 0.07% |
| Q1 2025 | 0.84% |
| Q2 2025 | 0.68% |
| Q3 2025 | 0.89% |
| Q4 2025 | 0.87% |
| Q1 2026 | 1.20% |
| Q2 2026 | 1.05% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 82 | $134.8M | 12.19% | 0.00% | 1.05% | 72.7% |
| Q1 2026 | 82 | $141.3M | 11.78% | 0.01% | 1.20% | 70.2% |
| Q4 2025 | 75 | $141.2M | 11.53% | 0.34% | 0.87% | 71.1% |
| Q3 2025 | 75 | $144.8M | 11.35% | 0.27% | 0.89% | 71.0% |
| Q2 2025 | 75 | $141.3M | 11.32% | 0.04% | 0.68% | 72.3% |
| Q1 2025 | 73 | $141.8M | 11.43% | 0.39% | 0.84% | 71.9% |
| Q4 2024 | 70 | $138.3M | 11.14% | 0.04% | 0.07% | 75.5% |
| Q3 2024 | 62 | $144.0M | 10.99% | 0.83% | 0.04% | 73.7% |
| Q2 2024 | 64 | $139.3M | 11.41% | 0.89% | 0.33% | 80.9% |
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 |
|---|---|---|---|---|---|
| Sidney State BankBank Sidney, MI | 80 out of 100, Strong | $138.7M | 9.6% | 0.06% | vs |
| G. W. Jones Exchange BankBank Marcellus, MI | 61 out of 100, Moderate | $122.8M | 10.4% | 1.64% | vs |
| Kalamazoo County State BankBank Schoolcraft, MI | 77 out of 100, Strong | $118.4M | 12.1% | 0.33% | vs |
| Bay Port State BankBank Bay Port, MI | 71 out of 100, Strong | $153.4M | 10.9% | 0.65% | vs |
| Blissfield State BankBank Blissfield, MI | 66 out of 100, Moderate | $114.6M | 11.3% | 1.69% | vs |
| Community Unity BankBank Birmingham, MI | 71 out of 100, Strong | $107.1M | 19.5% | 0.00% | vs |
Deposit insurance
Is my money safe at The Miners State Bank?
Yes. The Miners State Bank is an FDIC-insured institution (FDIC certificate #10928). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 13.3% of deposits ($15.6M) 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 12.19%, 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%).
6 locations
Branches
The Miners State Bank lists 5 offices in 5 cities. Most locations:
- Hancock, MI (1)
- Houghton, MI (1)
- Iron River, MI (1)
- Ontonagon, MI (1)
- South Range, MI (1)
Identity & history
Profile
- Legal name
- The Miners State Bank
- Former names
- The Miners' State Bank of Iron River
- Type
- State-chartered bank
- FDIC certificate #
- 10928
- RSSD ID
- 255350
- Primary regulator
- FDIC
- Holding company
- Msb Bankshares Inc
- Established
- January 1, 1932
- Headquarters
- 312 W Genesee St, Iron River, MI 49935
- Website
- www.theminersstatebank.com
- Employees
- 32
Quick answers
The Miners State Bank: common questions
Is The Miners State Bank FDIC insured?
Yes. The Miners State Bank is an FDIC-insured institution (FDIC certificate #10928). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The Miners State Bank's TellerScore?
82 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 The Miners State Bank ever failed?
There is no failure record for FDIC certificate #10928 in the FDIC failed bank list.
How many branches does The Miners State Bank have?
6 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Iron River
| 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 |
| Covantage Credit UnionCredit union Antigo, WI | 59 out of 100, Moderate | $4.2B | 9.8% | 1.28% | vs |
| First National Bank & Trust Co.Bank Iron Mountain, MI | 45 out of 100, Below average | $386.4M | 9.5% | 3.22% | vs |
| Great North BankBank Florence, WI | 44 out of 100, Below average | $233.4M | 8.8% | 1.40% | vs |
| Flagstar Bank, National AssociationBank Hicksville, NY | 31 out of 100, Low | $87.7B | 9.7% | 4.97% | vs |