Bank Michigan: Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
Bank Michigan leans heavily on commercial real estate. It reported $176 million in assets at June 30, 2026, up 33.5% from a year earlier. It holds commercial real estate loans worth 2.8 times its capital, 2.4 times the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. It also grew its loan book 30.1% over the year, 5.5 times the median of 5.5% for banks its size.
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.41% of loans from 4.63%. Its $24 million commercial and industrial book is improving, with 4.18% past due or on nonaccrual, down from 22.42% a year earlier. Costs are the weak spot: it spends about 79 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 61 cents).
As of June 30, 2026, Bank Michigan reported a CET1 capital ratio of 12.69%, a return on assets of 0.90%, a nonperforming-loan ratio of 1.08% and a Texas ratio of 5.44%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 417 S Main St, Brooklyn, MI 49230
- County
- Jackson
- Metro Area
- Jackson, MI
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- October 1, 1907
- Former names
- OSB Community Bank (2004-2019)
- Offices
- 3 domestic
- Employees (FTE)
- 42
- Domestic deposits
- $144.9M
- Allowance for credit losses
- $1.7M
- Net charge-offs (YTD)
- -$247K
- Average total assets
- $165.5M
- Average total loans
- $130.9M
- Average interest-bearing deposits
- $102.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1008
- Fed RSSD
- 382742
- SEC CIK
- 2003686 → filed by BANK MICHIGAN FINANCIAL CORPORATION
- Website
- http://www.bankmichigan.bank →
- Parent Holding Company
- BANK MICHIGAN FINANCIAL CORPORATION (RSSD 5620971)
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Bank Michigan terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Bank Michigan, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Bank Michigan rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.69% | 0.90% | 1.08% | 10.05% | 4.50% |
| Q1 2026 | 14.54% | 0.47% | 1.42% | 8.53% | 4.76% |
| Q4 2025 | 15.72% | 4.53% | 1.51% | 9.83% | 4.93% |
| Q3 2025 | 16.60% | 15.31% | 2.85% | 15.53% | 4.67% |
| Q2 2025 | 10.85% | 1.01% | 5.99% | 48.27% | 4.95% |
| Q1 2025 | 10.90% | 0.02% | 3.61% | 28.87% | 4.62% |
| Q4 2024 | 8.92% | -5.91% | 2.84% | 26.18% | 4.22% |
| Q3 2024 | 9.88% | -4.35% | 1.29% | 9.75% | 4.54% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 3 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Bank Michigan (main office) | Brooklyn , MI | 49230 | $72.4M |
| Ann Arbor Branch | Ann Arbor , MI | 48108 | $41.7M |
| Founding Office | Onsted , MI | 49265 | $30.8M |
Regulatory record
What the public regulatory sources show for Bank Michigan, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in MI, rank 75 of 98 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- Not on file: no HMDA filing matched
- Period: not on file. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 9 loans, $12.8M approved, $1.4M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Bank Michigan
What are Bank Michigan's total assets?
As of the Q2 2026 filing, Bank Michigan reported total assets of $176.0 million in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Bank Michigan headquartered?
Bank Michigan is headquartered in Brooklyn, MI, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.
When was Bank Michigan founded?
Bank Michigan was established in 1907, per the FDIC institution directory.
Is Bank Michigan FDIC-insured?
Yes. Bank Michigan is an FDIC-insured commercial bank (FDIC Certificate #1008). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Bank Michigan?
Bank Michigan's primary federal regulator is the Federal Reserve. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Bank Michigan's CET1 capital ratio?
Bank Michigan reported a Common Equity Tier 1 (CET1) capital ratio of 12.69% in its Q2 2026 call report, above regulatory requirements.
How many branches does Bank Michigan operate?
Bank Michigan operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Bank Michigan's Texas Ratio?
Bank Michigan's Texas Ratio is 5.44% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was Bank Michigan previously called?
The charter now named Bank Michigan has also operated as OSB Community Bank (2004-2019), per FDIC structure-change records.
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