First National Bank of 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%.
Accumulated other comprehensive income climbed 8.4% in Q2 2026, from -$3.5M to -$3.2M. It was the largest change from Q1 2026 among the key lines here. On CET1 ratio, First National Bank of Michigan is 4th from the bottom among 43 Michigan banks, 10.96% (Q2 2026). First National Bank of Michigan reported 10.96% on CET1 ratio for Q2 2026, 4.11 points below the 15.07% median for banks in the $100M-1B asset tier.
Risk-based capital ratios
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 ratio | 10.96% |
| Tier 1 risk-based capital ratio | 10.96% |
| Total risk-based capital ratio | 12.21% |
| Tier 1 leverage ratio | 9.54% |
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 | $93.3M |
| Tier 1 capital | $93.3M |
| Total risk-based capital | $103.9M |
| Total equity capital | $90.0M |
| Risk-weighted assets | $851.1M |
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| Equity capital to total assets | 9.11% |
| Tangible equity to tangible assets | 9.11% |
| Equity capital to average assets | 9.21% |
| Internal capital growth rate | 0.31% |
Capital structure
| Line item | Q2 2026 |
|---|---|
| Common stock | $8.5M |
| Common stock surplus | $16.6M |
| Retained earnings | $68.2M |
| Preferred stock and surplus | $0 |
| Accumulated other comprehensive income | -$3.2M |
| 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 | 10.18% | 10.18% | 11.43% | 8.34% | $807.9M |
| Q4 2023 | 10.10% | 10.10% | 11.35% | 8.48% | $826.9M |
| Q1 2024 | 10.25% | 10.25% | 11.50% | 8.28% | $829.8M |
| Q2 2024 | 10.30% | 10.30% | 11.55% | 8.67% | $844.0M |
| Q3 2024 | 10.84% | 10.84% | 12.09% | 8.85% | $813.2M |
| Q4 2024 | 10.71% | 10.71% | 11.96% | 8.99% | $815.5M |
| Q1 2025 | 10.85% | 10.85% | 12.10% | 9.16% | $821.2M |
| Q2 2025 | 10.88% | 10.88% | 12.13% | 9.26% | $827.3M |
| Q3 2025 | 10.95% | 10.95% | 12.21% | 9.29% | $825.5M |
| Q4 2025 | 10.83% | 10.83% | 12.09% | 9.35% | $845.1M |
| Q1 2026 | 10.94% | 10.94% | 12.19% | 9.43% | $850.4M |
| Q2 2026 | 10.96% | 10.96% | 12.21% | 9.54% | $851.1M |
First National Bank of Michigan regulatory capital, all the way back
Regulatory Capital back to 2001 · peer percentiles on every line item · Excel export
Unlock First National Bank of 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 First National Bank of Michigan profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58259) · FFIEC NIC profile (RSSD 3404467)