Mi Bank
BankRegReports is independent of Mi Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Mi Bank is an FDIC-insured commercial bank headquartered in Bloomfield Township, MI, established in 2019 (FDIC certificate 59138), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $245.5M, down 2.4% from Q2 2025, the 52nd largest of 72 banks headquartered in Michigan. Its CET1 capital ratio was 10.11% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 59138
- Headquarters
- Bloomfield Township, MI
- Established
- 2019
- Total assets, Q2 2026
- $245.5M
- Assets vs Q2 2025
- -2.4%
- CET1 ratio, Q2 2026
- 10.11%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 072414488
- Holding company
- MI BANCORP, INC.
- Asset rank in state
- 52nd of 72 in Michigan
Mi Bank pays more for its money than most banks of its size. The Bloomfield Township, Michigan bank had $245 million in assets at June 30, 2026, down 2.4% from a year earlier. It pays an average of 2.80% on its deposits and borrowings, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 1.80%). It also holds common equity equal to 10.11% of its risk-weighted assets, lower than about 9 in 10 banks its size (median 15.12%).
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.19% of loans from 2.39%. Concentration is the risk to watch: it holds commercial real estate loans worth 2.7 times its capital, about double the median of 1.2 times for banks its size.
As of June 30, 2026, Mi Bank reported a CET1 capital ratio of 10.11%, a return on assets of 0.88%, a nonperforming-loan ratio of 0.19% and a Texas ratio of 1.58%. The figures come from its call report filed with the FFIEC.
Mi Bank ranks as the 52nd largest of the 72 banks based in Michigan, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 4.5% to $245.5M, loans rose 5.6% and deposits fell 5.2%. Commercial and industrial loans made up 25.1% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 19.6%. Its one office in the FDIC Summary of Deposits is in Bloomfield Township, MI. On its Q2 2026 call report, Mi Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 3707 W Maple Rd, Bloomfield Township, MI 48301
- County
- Oakland
- Metro Area
- Detroit-Warren-Dearborn, MI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- April 15, 2019
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 20
- Domestic deposits
- $220.9M
- Allowance for credit losses
- $2.3M
- Net charge-offs (YTD)
- $0
- Average total assets
- $247.8M
- Average total loans
- $173.3M
- Average interest-bearing deposits
- $190.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- April 15, 2019
- FDIC Cert
- 59138
- Fed RSSD
- 5332603
- SEC CIK
- 1740551 → filed by MI BANCORP, INC.
- Website
- www.mi.bank →
- Parent Holding Company
- MI BANCORP, INC. (RSSD 5332591)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Mi Bank's total assets moved between a low of $228.3M (Q3 2023) and a high of $292.6M (Q4 2025) from Q3 2023 to Q2 2026, and it earned a profit in 10 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$245.5M total assets against $251.4M; $222.7M total liabilities against $230.4M.
$206.9M net loans and leases against $205.5M; $220.9M total deposits against $228.4M.
$7.3M securities against $8.7M; $27.1M cash and balances due against $32.5M.
$3.6M total interest income against $3.6M; $1.6M total interest expense against $1.7M.
$2.0M net interest income against $1.9M.
$71K total noninterest income against $47K; $1.4M total noninterest expense against $1.4M.
$15K provision for credit losses against $1.9M.
$545K net income against -$1.1M.
0.88% return on assets against -1.74%; 3.23% net interest margin against 3.12%.
10.11% CET1 capital ratio against 9.31%; 9.14% tier 1 leverage ratio against 8.16%.
Inside the full Mi Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Mi Bank rankings
Its closest position to the top of a national ranking is 2,728 of 4,196, for total assets; its furthest is 2,085 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -1.74% (Q2 2025) to 1.03% (Q1 2026) and its net interest margin ran from 2.69% (Q1 2025) to 3.48% (Q1 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.11% | 0.88% | 0.19% | 1.58% | 3.23% |
| Q1 2026 | 10.36% | 1.03% | 0.21% | 1.68% | 3.48% |
| Q4 2025 | 9.72% | -1.60% | 0.21% | 1.79% | 3.15% |
| Q3 2025 | 9.52% | 0.52% | 2.41% | 19.03% | 3.20% |
| Q2 2025 | 9.31% | -1.74% | 2.39% | 19.65% | 3.12% |
| Q1 2025 | 10.61% | 0.19% | 1.62% | 12.76% | 2.69% |
| Q4 2024 | 9.90% | 0.17% | 0.12% | 1.00% | 2.94% |
| Q3 2024 | 10.42% | 0.70% | 0.13% | 1.06% | 3.02% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Mi Bank (main office) | Bloomfield Township , MI | 48301 | $220.9M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MI, rank 69 of 95 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 4 loans, $1.0M approved, $254K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Mi Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Mi Bank
What are Mi Bank's total assets?
As of the Q2 2026 filing, Mi Bank reported total assets of $245.5 million in its FFIEC call report.
Where is Mi Bank headquartered?
It is headquartered in Bloomfield Township, MI, United States.
When was Mi Bank founded?
It was established in 2019, per the FDIC institution directory.
Is Mi Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #59138). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Mi Bank?
Mi Bank's primary federal regulator is the FDIC.
What is Mi Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 10.11% in its Q2 2026 call report, above regulatory requirements.
How many branches does Mi Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Mi Bank's Texas Ratio?
Its Texas Ratio is 1.58% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on Mi Bank.
Get an email when Mi Bank files its next call report, and benchmark it against any peer you choose.
Unlock Mi Bank, freeFree account