Development
B
The State Bank
FentonMI
Rating Date
March 2024
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings The State Bank
Fenton, MI
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Rating B
Asset Quality Index 6.80
Capitalization Index 6.90
Liquidity Index 2.60
Profitability Index 5.10
Stability Index 8.50
Company Info The State Bank
Fenton, MI
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FDIC Number 11406
Phone Number (810) 629-2263
Website www.thestatebank.com
Asset Quality The State Bank
Fenton, MI
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1-Year Asset Growth 2.94%
5-Year Asset Growth 17.52%
5-Year Charge-Offs to Average Loans 0.03%
Charge-Offs to Average Loans -0.04%
Non-Performing Assets to Assets 0.35%
Non-Performing Loans to Capital 3.25%
Non-Performing Loans to Loans 0.38%
Balance Sheet The State Bank
Fenton, MI
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Total Assets 1.74B
Total Deposits 1.39B
Capital and Reserves The State Bank
Fenton, MI
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Capital 155.21M
Leverage Ratio 8.94
Loan Loss Reserves to Loans 1.04%
Risk-Based Capital Ratio 12.13
Liquidity The State Bank
Fenton, MI
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Hot Money Ratio 11.99%
Liquidity Ratio 10.85%
Profitability The State Bank
Fenton, MI
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5-Year Return on Average Assets 1.27%
Net Income 17.03M
Net Interest Spread 3.25%
Operating Profit to Average Assets 1.23%
Overhead Efficiency Ratio 66.11%
Return on Assets 0.98%
Return on Equity 11.56%