BANK MICHIGAN

BROOKLYN, MI | Small | Est. Oct. 1, 1907, midnight | FDIC #1008 | RSSD #382742 | FED
Latest Report: 2025-12-31

BANK MICHIGAN is asn small FDIC-insured commercial bank headquartered in BROOKLYN, MI, established in Oct. 1, 1907, midnight. As of 2025-12-31, the bank reported total assets of $154M and total deposits of $127M. Profitability stands at 4.40% ROA and 35.77% ROE, with a net interest margin of 4.99%. The bank's CET1 capital ratio is 15.72%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 1.33% and a Texas Ratio of 7.77%. FDIC Certificate #1008.

Assets

$154M

Deposits

$127M

Loans

$119M

Equity

$19M

Profitability

Return on Assets (ROA) 4.40%
Return on Equity (ROE) 35.77%
Net Interest Margin (NIM) 4.99%
Yield on Assets 6.55%
Cost of Funds 1.67%

Asset Quality

NPL Ratio 1.33%
Net Charge-Off Ratio 0.18%
Texas Ratio 7.77%
NPA Ratio 1.03%
ACL / Loans 1.16%

Capital & Liquidity

CET1 Ratio 15.72%
Tier 1 Capital 15.72%
Total Capital Ratio 16.93%
Leverage Ratio 12.94%
Loan-to-Deposit 93.55%

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