Bank Michigan: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
Reserve coverage of non-performing loans climbed 18.08 percentage points in Q2 2026, from 89.30% to 107.38%. It was the largest change from Q1 2026 among the key lines here. Within Michigan, Bank Michigan is 52nd of 72 on return on assets, 0.90% as of Q2 2026, below the middle of the field. The median for banks in the $100M-1B asset tier is 1.25% on return on assets. Bank Michigan sits 0.36 points lower, at 0.90% (Q2 2026).
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 12.69% |
| Tier 1 risk-based capital ratio | 12.69% |
| Total risk-based capital ratio | 13.87% |
| Tier 1 leverage ratio | 11.25% |
| Equity capital to assets | 11.01% |
| Tangible equity to tangible assets | 11.01% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 1.08% |
| Non-performing assets ratio | 1.20% |
| Net charge-off ratio | -0.28% |
| Texas ratio | 10.05% |
| Allowance for credit losses to loans | 1.16% |
| Reserve coverage of non-performing loans | 107.38% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 0.90% |
| Return on equity | 7.73% |
| Net interest margin | 4.50% |
| Efficiency ratio | 79.27% |
| Yield on earning assets | 6.33% |
| Cost of funds | 2.03% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 98.90% |
| Core deposits to total deposits | 87.08% |
| Brokered deposits to total deposits | 8.10% |
| Deposits to assets | 82.34% |
| Securities to assets | 4.38% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 9.49% | 9.49% | 10.75% | 7.23% | -2.80% |
| Q4 2023 | 13.14% | 13.14% | 14.40% | 9.89% | -2.50% |
| Q1 2024 | 12.75% | 12.75% | 14.00% | 9.90% | -0.21% |
| Q2 2024 | 12.06% | 12.06% | 13.31% | 9.74% | -0.01% |
| Q3 2024 | 9.88% | 9.88% | 11.14% | 7.59% | -4.35% |
| Q4 2024 | 8.92% | 8.92% | 10.18% | 7.13% | -5.91% |
| Q1 2025 | 10.90% | 10.90% | 12.16% | 9.10% | 0.02% |
| Q2 2025 | 10.85% | 10.85% | 12.10% | 9.19% | 1.01% |
| Q3 2025 | 16.60% | 16.60% | 17.86% | 12.76% | 15.31% |
| Q4 2025 | 15.72% | 15.72% | 16.93% | 12.94% | 4.53% |
| Q1 2026 | 14.54% | 14.54% | 15.79% | 12.17% | 0.47% |
| Q2 2026 | 12.69% | 12.69% | 13.87% | 11.25% | 0.90% |
Bank Michigan vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Bank Michigan, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, 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)