Bank Michigan: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
The standout move of Q2 2026 was in Other borrowed money: 76.2% higher than in Q1 2026, at $9.2M. Bank Michigan ranks 11th of 72 Michigan banks on loan-to-deposit ratio, in the upper half at 98.90% (Q2 2026). The median for banks in the $100M-1B asset tier is 80.84% on loan-to-deposit ratio. Bank Michigan sits 18.06 points higher, at 98.90% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $19.9M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $27.6M |
| Fed funds sold and reverse repos | $1.5M |
| Fed funds sold and reverse repos to assets | 0.85% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $9.2M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 5.26% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 98.90% |
| Net loans and leases to deposits | 97.75% |
| Loans and leases to core deposits | 103.91% |
| Core deposits to total deposits | 87.08% |
| Brokered deposits to total deposits | 8.10% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 87.55% | 89.61% | $457K | $6.0M |
| Q4 2023 | 91.52% | 89.44% | $0 | $6.0M |
| Q1 2024 | 93.73% | 91.79% | $0 | $6.3M |
| Q2 2024 | 89.84% | 86.14% | $0 | $5.6M |
| Q3 2024 | 90.19% | 86.30% | $0 | $5.6M |
| Q4 2024 | 90.98% | 82.27% | $0 | $5.2M |
| Q1 2025 | 96.26% | 81.62% | $0 | $5.2M |
| Q2 2025 | 97.97% | 84.93% | $0 | $5.2M |
| Q3 2025 | 91.14% | 89.71% | $0 | $5.2M |
| Q4 2025 | 93.55% | 90.34% | $0 | $5.2M |
| Q1 2026 | 92.54% | 84.96% | $0 | $5.2M |
| Q2 2026 | 98.90% | 87.08% | $0 | $9.2M |
Bank Michigan liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Bank Michigan, freeSource: Call Report Schedules RC and RC-M, 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)