The State Savings Bank of Manistique is a state-chartered bank (fed member) headquartered in Manistique, Michigan, in business for about 109 years. At the end of Q2 2026 it reported $178.2M in total assets and $154.1M in deposits, with 3 offices.
The State Savings Bank of Manistique has a TellerScore of 66 out of 100 (moderate) based on Q2 2026 data — higher than only 31% of its 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 38th. Funding & liquidity contributes the most (93/100, 60% loans-to-deposits, 22% uninsured); capital cushion contributes the least (46/100, 9.64%).
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 7 points (73 → 66), mostly because the loan quality component weakened by 21 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 71 |
| Q3 2024 | 68 |
| Q4 2024 | 66 |
| Q1 2025 | 72 |
| Q2 2025 | 73 |
| Q3 2025 | 73 |
| Q4 2025 | 72 |
| Q1 2026 | 70 |
| Q2 2026 | 66 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.27% |
| Q3 2024 | 10.31% |
| Q4 2024 | 10.19% |
| Q1 2025 | 10.10% |
| Q2 2025 | 10.23% |
| Q3 2025 | 10.20% |
| Q4 2025 | 10.03% |
| Q1 2026 | 9.46% |
| Q2 2026 | 9.64% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.08% |
| Q3 2024 | 0.51% |
| Q4 2024 | 0.53% |
| Q1 2025 | 0.08% |
| Q2 2025 | 0.07% |
| Q3 2025 | 0.09% |
| Q4 2025 | 0.09% |
| Q1 2026 | 0.14% |
| Q2 2026 | 0.70% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.52% |
| Q3 2024 | 0.57% |
| Q4 2024 | 0.39% |
| Q1 2025 | 0.69% |
| Q2 2025 | 0.77% |
| Q3 2025 | 0.76% |
| Q4 2025 | 0.61% |
| Q1 2026 | 0.66% |
| Q2 2026 | 0.77% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 66 | $178.2M | 9.64% | 0.70% | 0.77% | 59.8% |
| Q1 2026 | 70 | $182.8M | 9.46% | 0.14% | 0.66% | 58.7% |
| Q4 2025 | 72 | $181.5M | 10.03% | 0.09% | 0.61% | 57.3% |
| Q3 2025 | 73 | $169.4M | 10.20% | 0.09% | 0.76% | 61.4% |
| Q2 2025 | 73 | $165.8M | 10.23% | 0.07% | 0.77% | 61.3% |
| Q1 2025 | 72 | $167.9M | 10.10% | 0.08% | 0.69% | 59.6% |
| Q4 2024 | 66 | $163.9M | 10.19% | 0.53% | 0.39% | 61.2% |
| Q3 2024 | 68 | $164.1M | 10.31% | 0.51% | 0.57% | 59.3% |
| Q2 2024 | 71 | $166.5M | 10.27% | 0.08% | 0.52% | 57.5% |
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 |
|---|---|---|---|---|---|
| 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 |
| Peoples State Bank of MunisingBank Munising, MI | 48 out of 100, Below average | $190.4M | 12.7% | 3.39% | vs |
| Northern Interstate Bank, N. A.Bank Norway, MI | 65 out of 100, Moderate | $193.5M | 9.4% | 0.75% | vs |
| Bay Port State BankBank Bay Port, MI | 71 out of 100, Strong | $153.4M | 10.9% | 0.65% | vs |
| Capitol National BankBank Lansing, MI | 75 out of 100, Strong | $209.3M | 16.7% | 1.49% | vs |
Deposit insurance
Is my money safe at The State Savings Bank of Manistique?
Yes. The State Savings Bank of Manistique is an FDIC-insured institution (FDIC certificate #13249). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 21.7% of deposits ($33.5M) 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 9.64%, 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%).
3 locations
Branches
The State Savings Bank of Manistique lists 3 offices in 3 cities. Most locations:
- Curtis, MI (1)
- Gulliver, MI (1)
- Manistique, MI (1)
Identity & history
Profile
- Legal name
- The State Savings Bank of Manistique
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 13249
- RSSD ID
- 259956
- Primary regulator
- FED
- Holding company
- SSB Inc
- Established
- July 7, 1917
- Headquarters
- 101 S Cedar St, Manistique, MI 49854
- Website
- www.statesavingsbank.com
- Employees
- 24
Quick answers
The State Savings Bank of Manistique: common questions
Is The State Savings Bank of Manistique FDIC insured?
Yes. The State Savings Bank of Manistique is an FDIC-insured institution (FDIC certificate #13249). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The State Savings Bank of Manistique's TellerScore?
66 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 State Savings Bank of Manistique ever failed?
There is no failure record for FDIC certificate #13249 in the FDIC failed bank list.
How many branches does The State Savings Bank of Manistique have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Manistique
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Manistique Federal Credit UnionCredit union Manistique, MI | 79 out of 100, Strong | $44.2M | 15.8% | 1.92% | vs |
| Limestone Financial Credit UnionCredit union Manistique, MI | 65 out of 100, Moderate | $83.1M | 10.7% | 0.55% | vs |
| Nicolet National BankBank Green Bay, WI | 64 out of 100, Moderate | $15.4B | 9.6% | 0.63% | vs |