Peoples State Bank of Munising
Munising, MI·RSSD 262956·FDIC 15165·bank:262956·CBLR opted in
- #55 of 74Total assets in Michigan
- 5offices
- 35employees
- Top 7%Lowest cost of deposits in the U.S.
- Top 9%Cost of deposits vs. peers
Performance over time
23 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
FDIC reported categories · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Peoples State Bank of Munising
3 of 24 FORFI signals stand out against 1223 similar banks, based on FDIC data for the quarter.
Problem loans rising while the peer median holds steadyWorth a look: Asset quality 2nd quarter3.39%peers 0.38%+301 bps
Peoples State Bank of Munising's noncurrent loans (nonaccrual plus 90+ days past due) as a share of loans rose 211 bps over the past year to 3.39%. Among 1206 similar banks, the median was essentially unchanged.
| This institution | Peer median | Difference |
|---|---|---|
| Noncurrent loans (nonaccrual plus 90+ days past due) as a share of loans | ||
| 3.39% | 0.38% | +301 bps |
| 12-month change | ||
| +211 bps | 0 bps | +211 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 1223 banks with $100 million to $300 million in assets that filed FDIC data for the same quarter. Peoples State Bank of Munising itself is left out of every peer median and percentile. How signals work
Noninterest-bearing deposit share rising while the peer median fallsStrength: Funding 2nd quarter33.8%peers 21.6%+12.2 pp
Peoples State Bank of Munising's share of deposits that pay no interest rose 3.4 percentage points over the past year to 33.8%. Among 1212 similar banks, the median was essentially unchanged.
| This institution | Peer median | Difference |
|---|---|---|
| Share of deposits that pay no interest | ||
| 33.8% | 21.6% | +12.2 pp |
| 12-month change | ||
| +3.4 pp | 0.0 pp | +3.5 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 1223 banks with $100 million to $300 million in assets that filed FDIC data for the same quarter. Peoples State Bank of Munising itself is left out of every peer median and percentile. How signals work
Where Peoples State Bank of Munising differs most from peers
Leverage capital ratio rising faster than peersContext: Capital12.75%peers 11.33%+1.4 pp
Peoples State Bank of Munising's leverage ratio rose 1.2 percentage points over the past year to 12.75%. Among 1222 similar banks, the median rose 0.1 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Leverage ratio | ||
| 12.75% | 11.33% | +1.4 pp |
| 12-month change | ||
| +1.2 pp | +0.1 pp | +1.1 pp |
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 1223 banks with $100 million to $300 million in assets that filed FDIC data for the same quarter. Peoples State Bank of Munising itself is left out of every peer median and percentile. How signals work
1 more observation
- Deposits shrinking while the peer median growsFunding
Key facts
- Peoples State Bank of Munising is a bank headquartered in Munising, Michigan. It reported $190 million in total assets for the quarter ended June 30, 2026.
- Deposits totaled $142 million, down 5.2% from a year earlier, and loans totaled $111 million, down 3.3%.
- Its net interest margin was 3.43% and its annualized return on assets was 0.44% for the quarter.
- Its cost of all deposits was 0.95%, compared with a median of 1.68% among 1213 similar banks with $100 million to $300 million in assets.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Peoples State Bank of Munising's own data, FORFI would look at: Which borrowers and segments are migrating toward delinquency, before losses arrive.
Analysis workspaces
Sources and identifiers
- Institution
- Peoples State Bank of Munising · Bank
- Federal Reserve RSSD
- 262956
- FDIC certificate
- 15165
- Reporting period
- Peer group
- 1223 banks with $100 million to $300 million in assets that filed FDIC data for the same quarter. Peoples State Bank of Munising itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
FDIC · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation | FDIC published reference |
|---|---|---|
| $206K | — | |
| $2.01M | — | |
| $573K | — | |
| $1.43M | — | |
| $219K | — | |
| $1.41M | — | |
| $0 | — | |
| $0 | — | |
| 0.44% | 0.44%ROAQ · Quarter | |
| 3.43% | 3.42%NIMYQ · Quarter | |
| 85.40% | 83.53%EEFFQR · adjusted · Quarter |
Credit-quality reconciliation · Source components agree. NALNLS (nonaccrual) + P9LNLS (90+ days accruing) = NCLNLS (noncurrent).
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-25T00:32:31.073937+00:00. Separate reference provenance is included in the export.