MI BANK

BLOOMFIELD TOWNSHIP, MI | Small | Est. April 15, 2019, midnight | FDIC #59138 | RSSD #5332603 | FDIC
Latest Report: 2025-12-31

MI BANK is asn small FDIC-insured commercial bank headquartered in BLOOMFIELD TOWNSHIP, MI, established in April 15, 2019, midnight. As of 2025-12-31, the bank reported total assets of $293M and total deposits of $269M. Profitability stands at -1.58% ROA and -19.72% ROE, with a net interest margin of 3.31%. The bank's CET1 capital ratio is 9.72%. Asset quality metrics show a non-performing loan ratio of 0.21% and a Texas Ratio of 1.78%. FDIC Certificate #59138.

Assets

$293M

Deposits

$269M

Loans

$203M

Equity

$22M

Profitability

Return on Assets (ROA) -1.58%
Return on Equity (ROE) -19.72%
Net Interest Margin (NIM) 3.31%
Yield on Assets 6.11%
Cost of Funds 2.82%

Asset Quality

NPL Ratio 0.21%
Net Charge-Off Ratio 2.21%
Texas Ratio 1.78%
NPA Ratio 0.15%
ACL / Loans 1.13%

Capital & Liquidity

CET1 Ratio 9.72%
Tier 1 Capital 9.72%
Total Capital Ratio 10.85%
Leverage Ratio 7.96%
Loan-to-Deposit 75.53%

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