Bank Michigan: Regulatory Capital
Data as of · Call Report Schedule RC-R How we update
The regulatory capital stack and the risk-weighted assets it is measured against. A bank is well capitalized at 6.5% CET1, 8% Tier 1 and 10% total risk-based capital; the conservation buffer effectively lifts CET1 to 7%.
Retained earnings climbed 17.7% in Q2 2026, from -$2.1M to -$1.7M. It was the largest change from Q1 2026 among the key lines here. Bank Michigan ranks 27th of 43 Michigan banks on CET1 ratio, in the lower half at 12.69% (Q2 2026). The median for banks in the $100M-1B asset tier is 15.07% on CET1 ratio. Bank Michigan sits 2.39 points lower, at 12.69% (Q2 2026).
Risk-based capital ratios
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 ratio | 12.69% |
| Tier 1 risk-based capital ratio | 12.69% |
| Total risk-based capital ratio | 13.87% |
| Tier 1 leverage ratio | 11.25% |
The leverage ratio is measured against average total assets, not risk-weighted assets, so it will normally sit well below the risk-based ratios. Equal values would indicate a reporting error.
Capital amounts
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 capital | $18.5M |
| Tier 1 capital | $18.5M |
| Total risk-based capital | $20.2M |
| Total equity capital | $19.4M |
| Risk-weighted assets | $146.0M |
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| Equity capital to total assets | 11.01% |
| Tangible equity to tangible assets | 11.01% |
| Equity capital to average assets | 11.71% |
| Internal capital growth rate | 7.81% |
Capital structure
| Line item | Q2 2026 |
|---|---|
| Common stock | $17.3M |
| Common stock surplus | $4.0M |
| Retained earnings | -$1.7M |
| Preferred stock and surplus | $0 |
| Accumulated other comprehensive income | -$132K |
| Subordinated notes and debentures | $0 |
Regulatory Capital trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Regulatory Capital by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | Risk-weighted assets |
|---|---|---|---|---|---|
| Q3 2023 | 9.49% | 9.49% | 10.75% | 7.23% | $88.0M |
| Q4 2023 | 13.14% | 13.14% | 14.40% | 9.89% | $87.0M |
| Q1 2024 | 12.75% | 12.75% | 14.00% | 9.90% | $89.1M |
| Q2 2024 | 12.06% | 12.06% | 13.31% | 9.74% | $94.2M |
| Q3 2024 | 9.88% | 9.88% | 11.14% | 7.59% | $97.4M |
| Q4 2024 | 8.92% | 8.92% | 10.18% | 7.13% | $103.4M |
| Q1 2025 | 10.90% | 10.90% | 12.16% | 9.10% | $108.8M |
| Q2 2025 | 10.85% | 10.85% | 12.10% | 9.19% | $112.4M |
| Q3 2025 | 16.60% | 16.60% | 17.86% | 12.76% | $104.9M |
| Q4 2025 | 15.72% | 15.72% | 16.93% | 12.94% | $117.2M |
| Q1 2026 | 14.54% | 14.54% | 15.79% | 12.17% | $124.1M |
| Q2 2026 | 12.69% | 12.69% | 13.87% | 11.25% | $146.0M |
Bank Michigan regulatory capital, all the way back
Regulatory Capital back to 2001 · peer percentiles on every line item · Excel export
Unlock Bank Michigan, freeSource: Call Report Schedule RC-R, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Bank Michigan profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1008) · FFIEC NIC profile (RSSD 382742)