# CENTRAL SAVINGS BANK
SAULT SAINTE MAR, MI · FDIC certificate 1095 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *lender to lenders*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $516.8M | |
| Deposits | $447.4M | |
| Loans and leases | $347.6M | |
| Total equity | $45.1M | |
| Loans / deposits | 76.77% (p38 of band) | 82.04% |
| Liquid assets / assets | 28.94% (p61 of band) | |
| Uninsured deposits / deposits | 45.59% (p93 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.87% (p52 of band) | |
| FHLB advances / assets | 3.87% | |
| Tier 1 leverage | 9.54% (p24 of band) | 10.81% |
| Unrealized securities loss / equity | -13.74% (p34 of band) | -8.10% |
| AOCI / equity | 0.62% (p93 of band) | |
| ROA (annualized) | 2.04% (p87 of band) | 1.28% |
| Net interest margin | 4.88% (p91 of band) | 3.91% |
| Efficiency ratio | 44.17% (p9 of band) | |
| Noncurrent loans | 0.16% (p30 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p41 of band) | |
| Reserve coverage of noncurrent | 729.15% | |
| Real estate % of loans | 64% | |
| Construction % of loans | 31.54% (p39 of band) | |
| Auto loans | $10.9M (3.15% of loans; DQ 1.76%, NCO 0.01%) | |
| Loans to nondepository financials | $32.5M (72% of equity) (p100 of band) | |
| Deposits YoY | 6.9% | |
| Employees | 74 | |

## Flags firing in the latest filing

- **loans-to-lenders >50% equity** (`conc_warehouse`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 3 | noncurrent p90, reserve under noncurrent, uninsured deposits leaving |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 4 | charge-offs p90, deposits shrinking | uninsured deposits leaving |
| 2013-06 | 2 |  | charge-offs p90, deposits shrinking |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 3 | uninsured deposits leaving |  |
| 2014-06 | 3 | charge-offs p90 | uninsured deposits leaving |
| 2014-09 | 2 |  | charge-offs p90 |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 4 | capital falling, uninsured deposits leaving |  |
| 2015-12 | 5 | charge-offs p90 |  |
| 2016-03 | 3 |  | capital falling, charge-offs p90 |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | uninsured deposits leaving |
| 2016-12 | 3 | capital falling |  |
| 2017-03 | 2 |  | capital falling |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | uninsured deposits leaving |  |
| 2017-12 | 4 | capital falling |  |
| 2018-03 | 3 |  | capital falling |
| 2018-06 | 2 |  | uninsured deposits leaving |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | noncurrent p90 |
| 2019-03 | 2 | noncurrent p90 |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 1 |  | noncurrent p90 |
| 2019-12 | 3 | capital falling, noncurrent p90 |  |
| 2020-03 | 2 |  | capital falling |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 | capital falling | noncurrent p90 |
| 2020-12 | 1 |  | reserve under noncurrent |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 4 | AOCI drag >20% of equity, securities losses >30% of equity, noncurrent p90, reserve under noncurrent | capital falling |
| 2022-06 | 4 |  |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 4 | capital falling | reserve under noncurrent |
| 2023-03 | 1 |  | AOCI drag >20% of equity, noncurrent p90, capital falling |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | capital falling |  |
| 2024-03 | 1 |  | capital falling |
| 2024-06 | 1 |  |  |
| 2024-09 | 3 | capital falling, loans-to-lenders >50% equity |  |
| 2024-12 | 2 |  | capital falling |
| 2025-03 | 1 |  | loans-to-lenders >50% equity |
| 2025-06 | 0 |  | securities losses >30% of equity |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | loans-to-lenders >50% equity |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-04-29 [Central Savings Bank CEO wins Michigan bankers’ top honor for 2026 - sooleader.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxQVmpMS0Z4N3FWNTlHYS02WkttclZVV2YtM3hvZmZ3MER4cVB1NGVjRVBxaGEyaTI5eUhUM2NCTVktVWdaVWNFelZXMVlORkZZSUdPMmR3eGtVRG82NVMyTTl3WDBIZllURkZwcUVWSW52OHJ3Mk8zY1MyQTR0SEhhQWlKMDNHT1JNNk92VVpXNGV6bHUxQkJIZC1oUV9rMkRXZnJ1QUdmQThSamFYcHBLeA?oc=5) · sooleader.com
- 2026-04-30 [Central Savings Bank president Mark Savoie named Michigan Banker of the Year - 9and10News.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxOcDZ4NnplTjdZa0pWNWpJa25nWm9fbW5DY251TnVjVTdhVE9BS180U3V2Nkh5czlXX3ZMRW5HYUd4NkFvZjVVZjVEZldfUlVrYmE1ckxlVDRDajRLRFM2VXZ0R3ZtMXR6a3I3b25keTNhZHNNUDdZWkM2VEE0cTZwYkxmR29aME44c3BLVVVnS29Db3VkcmxnSmFTUDFGOTN2cjBLZXh2VWpheXR6V24wZ1dVYkZLZw?oc=5) · 9and10News.com
- 2026-05-06 [Mark Savoie named 2026 Michigan Bankers Association Banker of the Year - Sault Ste. Marie Evening News](https://news.google.com/rss/articles/CBMi2AFBVV95cUxQQjdaTjgwZEZkRXNQZnZYU0FmRzFVSGhWTGNlOVcyNnFSYXdLTDVRSHJscWkzTmdZT0VLc2lvSTVGdVM3ZXZBa1FnQkFUbkhqbDhLTVRmTWFCXzNGTzNPT1ZUdDVDMDRVcnhjRDlPTF9mclRNVXNvREdzZy01ZldweVFkTjVuWjhfQUszYklnV01KSF9RVndUNjFHa3RyOEZlTzV5REUxWUtpOXg4TTZBQ1M3azJLNDA3R3E2M0dsdjlHcms2dkJscTlJMmJuQjBnQVdMMHMwa3k?oc=5) · Sault Ste. Marie Evening News
- 2026-06-11 [Spotlight: Join the community at the upcoming 15th Annual Road to Recovery Burger Bash - sooleader.com](https://news.google.com/rss/articles/CBMivAFBVV95cUxNM21obzRPZWttSzc4ZjlEV1pzSzdGZTBFU0N6dEJ5UXdtZ1M1Um4xbnB5QWlfSXdtcTdqcHUxcUZXM3ZBckVEQlRrRHhQcHdDVUozN1VfSDlqay12amp2LVJBbGxHczZQUFlaM2J2RE04ajdjTkhEWEpQNWYwMHJ0SGFDRGZDVTA3UmJWaGNPSG9NQXlqTXdrcUhXbmluWWxIdTFOUC1SdnVGVEp0N1RLdnREUG11bVZ3a0RkYw?oc=5) · sooleader.com
- 2018-06-22 [Emily Chartrand gets Central Savings Bank scholarship - SooToday.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNeU50am8ybzRIUl9FT3ZMNExMeGZqSE9DYWQ3MW5tNlR0YVRvRE5vel9uMUstNUhDVkN2RDBDcm9oSFFRSTg1TVJyUnYtVWlUaHItTlh6bElVcFBmSXQ4N1NPWkE5bzAtWFVMTmdJOWxhOVNkYmY5d1NhRm5LbVJMb3dReFRLX3BuX0NRalh6RUxkT3dJYnRmRENibXA5Y3daNkE?oc=5) · SooToday.com
- 2020-06-25 [Central Bank Corporation appoints new board member - Sault Ste. Marie Evening News](https://news.google.com/rss/articles/CBMiswFBVV95cUxPOElncHZXYTFaWl9jR1VsVURfZHE0UzBRc2lmNl8zVEdzWjl1dUJPSENja3BFRTd2TzEzRVhiLWR4YW1xYUdlbVJFcWwtdUNjNlFHSjM0dmV2REdkd09qNTFwSmllamRqU0c1aklCek80LUtHeFZNemhaMzVKWmlTSERpNm5lTkZZLVphTGVGZ2tzN0FCX3FtRmNpREJrNTJRUWFfRk44WHh3RUVxenE3cVpWNA?oc=5) · Sault Ste. Marie Evening News
- 2022-06-26 [Central Savings Bank celebrates 11th Annual Burger Bash - eupnews.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNaHJqeE9EMXNNU0FRMXBSNVR5UnI3S2V1cXJHYTY4d0RsQWhIUEZqeUJXcDRGbDlRdmx1cU1FVWE3TlFVd05vT0NJdTcxVHRUYlBfRnRnbDg3U2Vscm1KeWgtZFZiVENicFpyNUpwZDJlclAtNk40VXJVNzItRTZXWDB4dHRuaGw3Rnk4eWY2S2FVQQ?oc=5) · eupnews.com
- 2022-10-31 [Heather Lamb awarded Central Savings Bank Scholarship with LSSU - eupnews.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxQU3Z2QmY3SlR3QWtoWENxZXI2T0hPanBNSGFGU2tmdHZPTkM1Q2t3Ti1hT29JbUpkNk5HMWJHbWRpU0hCX1IzVnFvWlJpWThqaXdfZHlhZFNWMWxTbnhoYXFHY1ZLSXlqekx3MXRxMU1HU1p3Z3BoYXdpc2NvZElkcmxPRU9qSkt2Q3dNNnNtazM0SGU3enZ2Y2MteUI?oc=5) · eupnews.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1095 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/7.json (key "1095", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide