This institution is no longer active

Operations ceased on September 28, 1991. CRA examination history below reflects the period it was active.

PRESQUE ISLE BANK

ROGERS CITY, MI · Supervised by FDIC

Est. 1890FDIC #14,791RSSD: FDIC-14791

Part ofNORTHERN FINANCIAL CORP→ View all charters

Satisfactory

Current rating · Exam: June 1990

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.98%

Institution Profile

FDIC BankFind

Address

111 West Michigan Avenue, ROGERS CITY, MI

County

Presque Isle County

Established

December 18, 1890

Total Assets

$64M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

June 14, 1990

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 36 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q2 1991Call Report / FDIC

Total Assets

$64M

Total Deposits

$58M

Net Loans

$36M

Net Income

$311K

ROA

0.98%

ROE

13.35%

Risk-Based Capital

13.87%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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