Chelsea State Bank
Chelsea, MI · Owner: CSB Bcorp Inc
$417M
total assets, June 30, 2026
$417M
total assets, June 30, 2026
Chelsea State Bank is a state member bank based in Chelsea, MI, owned by CSB Bcorp Inc. As of June 30, 2026 it held $416.5 million in assets and $366.0 million in deposits; assets were up 2.9% from a year before. It has 4 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$417M
+2.9% in a year · -1.4% in a quarter
Deposits
$366M
+2.4% in a year · -1.9% in a quarter
Loans
$256M
-1.6% in a year · -0.1% in a quarter
Profit so far
$3.3M
Jan 1 to Jun 30, 2026 · -9.9% in a year
Capital ratio
12.76%
+0.04 pts in a year
Return on assets
1.57%
-0.21 pts in a year
Facts
- Type
- State member bank
- Head office
- 1010 S Main St, Chelsea, MI, 48118
- County
- Washtenaw
- Holding company
- CSB Bcorp Inc
- Established
- Dec 17, 1897
- Employees
- 63
- Branches
- 4
- Website
- www.chelseastate.bank
- Id
- b14009
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
4 offices as of June 30, 2026, holding $366.0 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Michigan | 4 | $366M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Chelsea State Bank (main office) | Chelsea, MI | $234M |
| Dexter Branch | Dexter, MI | $75.3M |
| Downtown Branch | Chelsea, MI | $53.8M |
| Jackson Banking Center Branch | Jackson, MI | $2.9M |
Related pages
Questions and answers
How big is Chelsea State Bank?
$416.5 million in total assets and $366.0 million in deposits as of June 30, 2026, with assets up 2.9% from a year before. Its loans were $256.4 million.
How many branches does Chelsea State Bank have?
4 branches in Michigan as of June 30, 2026.
Is Chelsea State Bank profitable?
Yes: it earned $3.28 million from January 1 to June 30, 2026 (down 9.9% from the same months a year before). Its return on assets was 1.57% a year; about 1% is typical.
Who owns Chelsea State Bank?
Chelsea State Bank is owned by CSB Bcorp Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.