# CHARLEVOIX STATE BANK
CHARLEVOIX, MI · FDIC certificate 33926 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 (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 | $248.3M | |
| Deposits | $221.0M | |
| Loans and leases | $131.9M | |
| Total equity | $24.1M | |
| Loans / deposits | 59.04% (p29 of band) | 73.59% |
| Liquid assets / assets | 43.50% (p69 of band) | |
| Uninsured deposits / deposits | 16.99% (p39 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.41% (p31 of band) | 11.76% |
| Unrealized securities loss / equity | -4.78% (p58 of band) | -6.57% |
| AOCI / equity | 0.32% (p93 of band) | |
| ROA (annualized) | 2.31% (p91 of band) | 1.17% |
| Net interest margin | 4.63% (p80 of band) | 3.93% |
| Efficiency ratio | 56.92% (p27 of band) | |
| Noncurrent loans | 0.22% (p43 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p20 of band) | |
| Reserve coverage of noncurrent | 507.82% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 46.07% (p77 of band) | |
| Auto loans | $1.3M (1.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $272,000 (1% of equity) (p96 of band) | |
| Deposits YoY | 1.8% | |
| Employees | 39 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 1 |  | charge-offs p90 |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | capital falling |  |
| 2012-03 | 1 |  | capital falling |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 2 | capital falling |  |
| 2013-03 | 2 | charge-offs p90 | capital falling |
| 2013-06 | 1 |  | reserve under noncurrent |
| 2013-09 | 0 |  | charge-offs p90 |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | reserve under noncurrent |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | capital falling |  |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 1 |  | capital falling |
| 2016-06 | 0 |  | reserve under noncurrent |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | reserve under noncurrent |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 | capital falling | reserve under noncurrent |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | deposits shrinking |  |
| 2019-03 | 0 |  | deposits shrinking |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | capital falling |  |
| 2020-03 | 0 |  | capital falling |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | AOCI drag >20% of equity, securities losses >30% of equity, NIM <2.5% | capital falling |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving | NIM <2.5% |
| 2023-03 | 4 |  | AOCI drag >20% of equity |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | assets shrinking |
| 2024-03 | 3 |  |  |
| 2024-06 | 4 | assets shrinking |  |
| 2024-09 | 3 |  | securities losses >30% of equity |
| 2024-12 | 3 |  |  |
| 2025-03 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2025-06 | 0 |  | assets shrinking |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2025-01-29 [Richard Hodgson - Petoskey News-Review](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1STDhTMkVPbElMNFdhQlRpcW9uMkFoYVJSdVcwcS1rZTlWMUhmRlFSTjV0ZzNrWG9OVnF0cGxkS3NyaDlSY0NVV09YUmVzdVU4cmhsZTU4Mjd4WW82bGFWRw?oc=5) · Petoskey News-Review
- 2020-04-02 [The power of small: local institutions poised to aide economy - Petoskey News-Review](https://news.google.com/rss/articles/CBMi1AFBVV95cUxOc05YTnJubHd0VXBjNkNzaXg3bzdYT3YzVm1XdnZyUU5LNnA4Z0FyeUZjazdUQkpCV2ZtTElaUkdHb2J5U3piMUR1RUx6ZkFOODlYV0k3S3hBQXhIcWRrUzhhRU43WHlkS1FBTk44S0w0QWlVSVJ1cUZqbGNtUGtZaXp5NE5VdUtNUlhISDN5cnQ4NHRtb2haUkE2WUZ3UFUyai0waUhRWEJaSU1RMVJPclo2U2VHTFFEWW5JSGtKRHk4LWh4YlhWMDdpMGtyOC1sSkdEZw?oc=5) · Petoskey News-Review
- 2022-06-14 [Red Hot Best 2022: The Best of Charlevoix & The Chain of Lakes - mynorth.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxNQlBBY2laR1BhbEotOWNxakQxUUtvaFNMNnVQWmlScF9yemRvTUhvSE5hMkEyZWpCVmJ4WjQxbTU4ajFnSmFCN1FDbHl3YnhFZm4tcThmM2tWMFA2OWdzQURVNE51VnRrT282aHpTTmdqX1BXOGRIT0FyeVlkZlBFSmtMN1FNUExIWDhRdA?oc=5) · mynorth.com
- 2023-04-20 [Joyce Ann Boss Obituary Apr 20, 2023 - Mortensen Funeral Homes](https://news.google.com/rss/articles/CBMia0FVX3lxTE8xZnhGZklwVUxSeUVTZW1YRkhraGlHS2IxaWhrUnY0UXJ4TGNSZ0JDZTZIYjB1U1hnRXZRUTJxbTFNV3I0aTNKLU1pVTRrek1TaWxPaVpsQTBXbkdYSThaUVllSEtOMjB2aWI4?oc=5) · Mortensen Funeral Homes
- 2018-04-17 [Daniel Waldron Obituary Apr 17, 2018 - Mortensen Funeral Homes](https://news.google.com/rss/articles/CBMicEFVX3lxTE1aX1dlcG0yRjUzTmhJdXg4Y2dPNldHdXNHZ1hVcTc3VUlySUxyTm5pdDRZUktXVFNJSE5qRWVNUEZGODJFdmVxME1zMkpPNzlQTjlLeG9Rd1lwdjBBYUZuLWF1WkxPSmxNelRxOUlTMkw?oc=5) · Mortensen Funeral Homes
- 2014-05-09 [Charlevoix families impacted by suicide deaths 14 years apart - Petoskey News-Review](https://news.google.com/rss/articles/CBMi1AFBVV95cUxOSTAxR3g1VzRmOWx0dUo1elhuckFEQ25feUFHUHRwTFlBS3ExNE5CeGhGQ2RFdG5lb3FhdXh4Tk41NWpDMTlxTWJyc2lTRF9wTHVIcUJGdV81a0czcTNQZ1hWWERpbWpOc2VKaVpvTWFxRkpnN2NlUVhsZFhUaE43dXctemJBTjRhaVpxeUttLTlUMjM2ZWxFRVBadTRZTFBRZlVXWEFlM3NFLTNSWlh0RkFldGJfbHNtMDRPTWZMTjhab043NnhVQkxyQm4xaVJPeWQtUw?oc=5) · Petoskey News-Review
- 2021-07-07 [Nomis Mol Obituary Jul 7, 2021 - Mortensen Funeral Homes](https://news.google.com/rss/articles/CBMiakFVX3lxTE5yMG1EZm51cnZHSGdtbHNGZXlLdnJIcmJIUDVGaVQ0ZEx3UTh3a2hPOHh4ZzBSaHMwZnBqSGhSbURMOGJVLVhaUDIyNzNiZXBTUDM2ZFJjc3Vqc2xmdnU0NTFPbFdWNDZaYmc?oc=5) · Mortensen Funeral Homes
- 2026-06-23 [New apartments open in Charlevoix to expand workforce housing - Petoskey News-Review](https://news.google.com/rss/articles/CBMizwFBVV95cUxPakt3Nmo0UXMtYVROVktmdVYwT0ItM2hRR2ppMEVvLU1CcGptZVJsZ0ZrV0FNQ1NYVE80Y3N4ajA4Z1hETXhHdFBpZGMzdjQ0Ym5KOWJsNzA3aWlGTGRqQkdEVGJxMzNudllZMC15YXg0OVBfb0g5SXh5RUdSUDlFcGRUVHpqVXZVTW9nOUNQYkxZbVBMZmNvT0ZfV05IdDY0NFpiT19wT2Y2Q1BjUWtGNDhOOVVfYWFMN0VMX2FhaTNRemx2TzlCbGFCMnBIYzg?oc=5) · Petoskey News-Review

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=33926 (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/6.json (key "33926", 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