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Superior National Bank, Financial Information

About Superior National Bank

 Address:
235 Quincy St
Hancock, MI
Houghton County, Michigan
 Established:
Mar 1890
 Number of domestic offices:
10
Total assets$666M
Net income$6M
Net income, quarterly$2M
Total deposits$603M
Domestic deposits$603M
Equity capital$57M
ROA1.05%
ROAQ, quarterly1.17%
ROA, pretax1.17%
ROAQ, quarterly, pretax1.34%
ROE10.86%
ROEQ, quarterly13.7%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Superior National Bank & Trust Company is a Branch Bank founded in 1890 and headquartered in Hancock. Superior National Bank & Trust Company operates 10 branches in Michigan. Superior National Bank & Trust Company does not operate physical branches outside of Michigan but online services are available to customers in other states.

Superior National has had 18 presidents. Current president, J. David Vlahos, joined Superior National in 1996. He, along with our Board of Directors, is committed to the rich and colorful history of this bank. Skilled staff specializes in meeting the banking, financing and investment needs of individuals, small businesses, and corporations.

Historical Data