Banks in Michigan — Benchmarks

74 institutions filed a Call Report for 2026Q2. Median values below; each metric has its own page with the full percentile distribution and every quarter back to 2001.

Metric	Median (2026Q2)	Banks	Quarter
Efficiency Ratio	65.3%	74	2026Q2
Equity Capital / Total Assets	9.7%	74	2026Q2
Loan Loss Reserve / Loans	1.2%	71	2026Q2
Loans / Deposits	85.3%	72	2026Q2
Net Income (year to date)	$2.8M	74	2026Q2
Net Interest Income / Assets (annualized)	3.7%	74	2026Q2
Return on Assets (annualized)	1.2%	74	2026Q2
Return on Equity (annualized)	11.3%	74	2026Q2
Total Assets	$456.1M	74	2026Q2
Total Deposits	$411.2M	72	2026Q2
Total Loans and Leases	$323.4M	71	2026Q2

Largest institutions (2026Q2)

NORTHPOINTE BANK $7.5B assets, MI · evidence
FIRST NATIONAL BANK OF AMERICA $6.8B assets, MI · evidence
MERCANTILE BANK $6.2B assets, MI · evidence
INDEPENDENT BANK $5.7B assets, MI · evidence
CHOICEONE BANK $4.5B assets, MI · evidence
MACATAWA BANK, NATIONAL ASSOCIATION $3.7B assets, MI · evidence
BANK OF ANN ARBOR $3.5B assets, MI · evidence
ISABELLA BANK $2.2B assets, MI · evidence
SOUTHERN MICHIGAN BANK & TRUST $1.7B assets, MI · evidence
DART BANK, THE $1.5B assets, MI · evidence

Methodology & sources
One row per reporting institution (RSSD) per quarter, as filed. Percentiles computed in the database via percentile_cont, never by a model. Source: FFIEC Call Reports (public domain).

All bank benchmarks · Cite as: FACTANKER, https://factanker.com/banks/state-mi