104 South Tenth Street
Gladstone, MI 49837

Notable Rates APY Vs.Others
Savings 0.20% 2.20% →
1-Year CD 0.95% 2.20% →
2-Year CD 1.25% 2.20% →
5-Year CD 2.10% 2.60% →
30-Year Mortgage 3.60% 3.31% →
15-Year Mortgage 3.31% 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

Baybank is an FDIC insured institution located in Gladstone, MI. It was founded in 1912 and has approximately $0.11 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 1092
Date Established 1912
Assets $0.11 billion
Loans $0.08 billion
Deposits $0.09 billion
Capital $0.01 billion

For a more detailed analysis of Baybank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - February 28, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
3 Mo CD
0.15% $500 - Learn MoreShow Less
6 Mo CD
0.65% $500 - Learn MoreShow Less
12 Mo CD
0.95% $500 - Learn MoreShow Less
Special: 15 Mo CD
1.30% $500 - Learn MoreShow Less
18 Mo CD
1.00% $500 - Learn MoreShow Less
24 Mo CD
1.25% $500 - Learn MoreShow Less
Special: 27 Mo CD
1.70% $500 - Learn MoreShow Less
30 Mo CD
1.45% $500 - Learn MoreShow Less
36 Mo CD
1.60% $500 - Learn MoreShow Less
48 Mo CD
1.85% $500 - Learn MoreShow Less
60 Mo CD
2.10% $500 - Learn MoreShow Less

Fixed IRA
0.95% $500 - Learn MoreShow Less
Special: 15 Mo FIRA
1.30% $500 - Learn MoreShow Less
Special: 27 Mo FIRA
1.70% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.00% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.10% $1 $2,499 Learn MoreShow Less
0.10% $2,500 $9,999 Learn MoreShow Less

Loan Rates - February 28, 2020

Your Current Location: Washington, WA 98109

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


Baybank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Baybank Locations

Financial Details

Baybank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Baybank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Baybank U.S. Bank Average
13.64% 6.70%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2019, Baybank had $1,207,000 in non-current loans and $252,000 in owned real estate. To cover these potential losses it had $9,989,000 in equity and $711,000 in loans loss reserves. That gives it a Texas Ratio of 13.64%.

Return on Equity
Baybank U.S. Bank Average
12.36% 9.72%

Baybank has a Return on Equity of 12.36% versus the BestCashCow average of 9.72%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Baybank U.S. Bank Average
9.37% 12.89%

Baybank has a Capitalization of 9.37% versus the BestCashCow average of 12.89. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Baybank Balance Sheet Analysis

As of September 30, 2019, Baybank had assets of $106,595,000, loans of $77,027,000, and deposits of $91,409,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2019
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.08 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.10 billion
Total deposits $0.09 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.09 billion
      % insured (estimated) 82.79%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.10 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2019
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Baybank’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Michigan, Baybank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 32.29
Credit Card Loans 0.07
Consumer Auto Loans 6.42
Small Business Loans 0.00
Construction and Development Loans 2.63
Commercial Real Estate 24.95
Commercial and Industrial Loans 25.69
Farm Loans 0.00

Frequently Asked Questions About Baybank

Branches and Savings

Is Baybank FDIC insured?

Yes. It is covered under FDIC Certificate #1092.

Why does Baybank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Baybank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Baybank a commercial bank?


Where are Baybank locations?

See branch locations nearby.

Is Baybank open on Saturdays?

Is Baybank open on Sundays?

What time does Baybank open?

What time does Baybank close?

Are Baybank ATMs Open 24/7?

Do Baybank ATMs accept cash deposits?

Can Baybank customers use other ATMs?

Do Baybank branches have notaries?

Will Baybank notarize my document?

What address for Baybank should I put for incoming ACH transfers?

Will the Baybank branch print checks?

Do Baybank checks expire?

Does Baybank require US citizenship to open account?

Can Baybank close my account?

Does Baybank Report to credit bureaus?

Does Baybank Use Equifax?

What is Baybank's ACH Routing Number?

What is Baybank's SWIFT code?


Does Baybank offer mortgages?

Compare mortgage rates here.

Does Baybank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Baybank offer personal loans?

Compare personal loan rates here.

Does Baybank offer student loans?

Will Baybank cash a check?

Will Baybank redeem a savings bond?

Does Baybank cash savings bonds?

Will Baybank cash money orders?

Can Baybank issue a money order?

Does Baybank do currency exchange?

Background on The Bank

Who owns Baybank?

How long has Baybank been around?

Can Baybank transfer to other banks?

Does Baybank have quick pay?

Does Baybank accept rolled coins?

Will Baybank accept loose change?

Where is Baybank headquarters?

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