Baybank, Financial Information

About Baybank

 Address:
104 South Tenth Street
Gladstone, MI
Delta County, Michigan
 Established:
Jul 1912
 Number of domestic offices:
3
Total assets$124M
Net income$1M
Net income, quarterly$0M
Total deposits$108M
Domestic deposits$108M
Equity capital$11M
ROA1.22%
ROAQ, quarterly1.55%
ROA, pretax1.55%
ROAQ, quarterly, pretax1.93%
ROE13.36%
ROEQ, quarterly16.48%
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.

Baybank is a community owned and operated bank serving Delta County in Michigan's beautiful Upper Peninsula. The Baybank cashcard is a full functioning debit card and your key to financial convenience. The cashcard allows you to make cash withdrawals and transfers by accessing your personal Baybank checking and savings account(s) at any one of thousands of Automated Teller Machines (ATMs) displaying the Pulse and/or CIRRUS symbols. Baybank offers fixed and adjustable rate mortgages (ARM) for home purchases or refinancing, with convenient monthly payments.

A construction loan from Baybank can help alleviate some of the anxiety in building a new home. The amount of your payment during the term of the construction loan is directly related to the amount "drawn" during construction. Baybank provides financing for any worthwhile purpose whether it be to purchase an auto, boat, RV, furniture, appliances, computer, or other consumer goods.

Gladstone
104 South 10th Street
Gladstone, MI 49837
906-428-4040
Fax 906-428-3016

Escanaba
2404 3rd Ave. N.
Escanaba, MI 49829
906-786-2299
Fax 906-786-5222

Rapid River
10513 N. Main St
Rapid River, MI 49878
906-474-6631
Fax 906-474-9232