# NORTHSTAR BANK
BAD AXE, MI · FDIC certificate 57097 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $1.16B | |
| Deposits | $973.6M | |
| Loans and leases | $996.3M | |
| Total equity | $101.3M | |
| Loans / deposits | 100.97% (p88 of band) | 87.10% |
| Liquid assets / assets | 9.37% (p5 of band) | |
| Uninsured deposits / deposits | 28.43% (p43 of band) | 30.76% |
| Brokered deposits | 4.86% | |
| Wholesale funding | 11.32% (p69 of band) | |
| FHLB advances / assets | 3.87% | |
| Tier 1 leverage | 9.11% (p15 of band) | 10.50% |
| Unrealized securities loss / equity | -10.41% (p39 of band) | -7.75% |
| AOCI / equity | -0.38% (p45 of band) | |
| ROA (annualized) | 1.30% (p54 of band) | 1.26% |
| Net interest margin | 3.97% (p67 of band) | 3.70% |
| Efficiency ratio | 61.39% (p58 of band) | |
| Noncurrent loans | 0.80% (p66 of band) | 0.51% |
| Net charge-offs (annualized) | -0.01% (p4 of band) | |
| Reserve coverage of noncurrent | 166.78% | |
| Real estate % of loans | 78% | |
| Construction % of loans | 38.82% (p41 of band) | |
| Auto loans | $5.2M (0.52% of loans; DQ 0.08%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 13.1% | |
| Employees | 160 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | charge-offs p90 |  |
| 2011-06 | 2 | loans exceed deposits, reserve under noncurrent | charge-offs p90 |
| 2011-09 | 1 |  | loans exceed deposits |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 2 | capital falling |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 0 |  | reserve under noncurrent, capital falling |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | loans exceed deposits |  |
| 2014-09 | 0 |  | loans exceed deposits |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 | brokered >10% | capital falling |
| 2015-09 | 0 |  | brokered >10% |
| 2015-12 | 1 | capital falling |  |
| 2016-03 | 2 | brokered >10% |  |
| 2016-06 | 4 | loans exceed deposits, wholesale funding >15%, noncurrent p90, reserve under noncurrent | capital falling, brokered >10% |
| 2016-09 | 3 | brokered >10% | loans exceed deposits, wholesale funding >15% |
| 2016-12 | 4 | capital falling |  |
| 2017-03 | 4 |  |  |
| 2017-06 | 4 | liquid assets <10% | capital falling |
| 2017-09 | 3 |  | liquid assets <10% |
| 2017-12 | 4 | capital falling |  |
| 2018-03 | 4 |  |  |
| 2018-06 | 2 |  | brokered >10%, capital falling |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 0 |  | noncurrent p90, reserve under noncurrent |
| 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 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | uninsured deposits leaving |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 0 |  | uninsured deposits leaving |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | liquid assets <10% |  |
| 2025-03 | 2 | reserve under noncurrent |  |
| 2025-06 | 3 | loans exceed deposits, charge-offs p90 | reserve under noncurrent |
| 2025-09 | 2 |  | charge-offs p90 |
| 2025-12 | 1 |  | liquid assets <10% |
| 2026-03 | 1 | liquid assets <10% | loans exceed deposits |
| 2026-06 | 2 | loans exceed deposits |  |

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

- 2026-07-31 [Northstar Bank adds veteran commercial lender to team - Times Herald](https://news.google.com/rss/articles/CBMi5gFBVV95cUxNNGNWXzJrS1JDV3JqZFdFTEVtdFNFdUtLd3Z3MkhfRzlCNGpXdEVDSFE2bWlhVHpsM3JvT0dwZWZoVGpCTkFqSWdneU1QNzJMTFZUN1o2OEJuRmo0X3JBWGg5NS1OT3JfYl9hc2VyS0pCdm5uejFFb0NoMEltaGpRdEZEZWlsWGlhSWtGUWQ5cDNvaGM0OWo3ZjZMRmdTaS1mX0VPV1NmYXlIQTVZNGZlWXROdDBJd2pjUThJRGtEdUdBZFVjbnhZZDFBWUxMWUNvdUg0dFFRbkI2UEI5TnI5Vi16ZTZiQQ?oc=5) · Times Herald
- 2023-08-18 [Former NorthStar Bank employee accused of stealing $100,000+ - abc12.com](https://news.google.com/rss/articles/CBMi2AFBVV95cUxNWXNwVTU3Sk5GVDZRUnBCNE5sZTJyRnRFVnNZbHpEMy1QTTZtSm5aRnFQekNNS1NYWVh1b0xhd0RlSXZMQW1Oby11TmZSdVhuVkxCSVlBaXoxRWNzS29heWMyQmc2aE50VTVNSmlhcTdtM3ZJa0pFM0Q2NUVZc0ZYcVBwMGUwRWpMN0VZSmdBdWhkaTR5LXhJLVdJZ29GU08xYmNGY3JQT2wzSFRfbmw1R2N0OXBOUlhlLW1EeUNmZ25aU3FSMVFNQy1GNEs1alpNUU9qMDJtSFM?oc=5) · abc12.com
- 2022-11-17 [Bad Axe’s Northstar Bank Acquires Cypress Capital Wealth Management - DBusiness Magazine](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOZ0haREs0VFlYTE51Sk1fejRuMFY4NE01NnkxLWgtNWZSaEszSHVJWC1BTmdGeF96TVpidDNhenR5cnhVWXpRSFhwTmRBREFVcldoOWNfcmdEV005dy0xM2t4SlJQX1lfc0pIU1YzbWFXczc1Zkhoc3ZZTzJUUFdEVFVNUUdScm5Dd2RGeDIyeTIxeVVqbkt3ZEx0NUFHdHBXN2pmcjhncXh2Zw?oc=5) · DBusiness Magazine
- 2021-07-22 [Ruthko promoted by Northstar Bank - Huron County View](https://news.google.com/rss/articles/CBMie0FVX3lxTE1UeWE1UG9rYmw2dE9YVWtVY2xKS0hhNVp0YlRBRzhneG5vSE9FNVBleldkRU5GYjF6TUlrZVpLa0ZqWWhwSDJSb3ZhTkktMm14emtXY01scnRDSmRXUVhkbXdtdGU1Q3lNLVhTdzhlTldSc2ZXdkRwUU5CYw?oc=5) · Huron County View
- 2024-09-04 [Northstar Bank board member new senior vice president - Huron Daily Tribune](https://news.google.com/rss/articles/CBMirwFBVV95cUxONjd4LUhoU0hxUHhRS0RkTmpOUFRvc0I4eVJYUnZ1bTNSalQ2TDZvS29kX2Zxa2kzbjZIRmwxMjRWVkJmc19SWEJvdi1SZjQzNGhlNktuTi1XbTlGMDB4UVAycGhrNUVXMFpmWE5HY0FpTU9yVWxsRHdvMElJYVFvSkhsbEVQd1R4N2d3MmhON0RERGMxWkdWYVV6cG1JZW5jMG5mQ0F3RmVSUDctTFhJ?oc=5) · Huron Daily Tribune
- 2021-02-04 [Shuart promoted by Northstar Bank - Huron County View](https://news.google.com/rss/articles/CBMie0FVX3lxTE5vakF6dDBNcVlENUVwUVVGc0p2R3BLNWVDa2dfOTZHbTkwU0hNbWNjUWRKV19WSWVuLUZSZjhJRnJZMEhPTEVla0pzc29DVlJZZTFnb2V6bmRUbzJQTDNsLXVVNUNyR0gtQ1pKb3VBeUN0bU9JMTdDckpQQQ?oc=5) · Huron County View
- 2024-01-17 [Google Wallet now supports 44 more banks — here's the new additions - androidpolice.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNc2tTNzBQQjlWRmhZQnBFTFdzVlVWWDBwcUc0TkhyNWl4T1dfM0hLU3oxNDZPdlhqWV9mWmEyd3VRWVA0enVPaWk0SGFwSm9QM2E2X2M5ckpOblU2cF9lQkNZbzl6alFweWE0M25fYVZQdVBqV3BtNzIzRDJYNjhZTWw1QkZBUHI5VDBlbmVB?oc=5) · androidpolice.com
- 2024-01-17 [Google Wallet adds support for over 40 more banks including Venmo - 9to5Google](https://news.google.com/rss/articles/CBMiekFVX3lxTFBFRngyX0h6VU1CeWUyekdkbkZZZVNmUXJCOTRqb0w5T1lDR3VVTV9uZi00T3VzTXh5VVZraEJhaGFZTFU5T1F0M1RDSlU3RkVMUlFVNF95Mk90WVk2bXQybE9YSjg3dEdNWVB2dnZtZnRFSzRlUE95cnp3?oc=5) · 9to5Google

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57097 (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/9.json (key "57097", 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