The State Bank of Ewen, Financial Information

AboutThe State Bank of Ewen

 Address:
207 Cedar Street
Ewen,MI
Ontonagon County,Michigan
 Established:
Oct 1914
 Number of domestic offices:
2
Total assets$53M
Net income$1M
Net income,quarterly$0M
Total deposits$43M
Domestic deposits$43M
Equity capital$9M
ROA1.09%
ROAQ,quarterly0.89%
ROA,pretax0.89%
ROAQ,quarterly,pretax0.87%
ROE6.21%
ROEQ,quarterly5.15%
UpdatedApr 11, 2013

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.

State Bank of Ewen has been serving the area since 1914 and is a locally owned and operated community bank. State Bank of Ewen is a full service bank with several products from which to choose for both consumer and business customers.

The State Bank of Ewen's Debit Card gives you a faster, more economical, more convenient way to buy the products and services you need. Your VISA debit card will allow you to withdraw funds from your checking/savings account without having to write a check. You can purchase groceries, gas, or anything else.

Main Office
207 South Cedar Street
Ewen, MI
Phone: (906)988-2821
Fax: (906)988-2555

Bergland Branch
100 West M-28
Bergland, Michigan