Banks in Michigan — Net Income (year to date), 2023Q4
Population: 80 Call Report filers, reporting date 2023-12-31.
Cite as: FACTANKER, https://factanker.com/banks/state-mi/net-income/2023Q4
← 2023Q3 · 2024Q1 → · latest quarter
| 10th percentile | $319.9k |
|---|---|
| 25th percentile | $1.2M |
| Median | $3.7M |
| 75th percentile | $8.4M |
| 90th percentile | $23.6M |
| Mean | $20.6M |
| Minimum | $-6.5M |
| Maximum | $876.0M |
Combined total: $1.7B
Methodology & sources
Net income as reported year to date (Call Report item RIAD4340). Call Report income statements are cumulative within the calendar year: a Q2 figure covers six months, a Q4 figure twelve. Not annualized — every institution in a quarter shares the same window, so the percentiles are comparable.
One row per reporting institution (RSSD) as of 2023-12-31; percentiles computed in the database via percentile_cont, never by a model. Source: FFIEC Call Reports (public domain). Data: FACTANKER registry, precomputed 2026-09-06.
Net income as reported year to date (Call Report item RIAD4340). Call Report income statements are cumulative within the calendar year: a Q2 figure covers six months, a Q4 figure twelve. Not annualized — every institution in a quarter shares the same window, so the percentiles are comparable.
One row per reporting institution (RSSD) as of 2023-12-31; percentiles computed in the database via percentile_cont, never by a model. Source: FFIEC Call Reports (public domain). Data: FACTANKER registry, precomputed 2026-09-06.
Evidence samples
Largest institutions in this group
- COMERICA BANK $85.9B assets · evidence
- FIRST NATIONAL BANK OF AMERICA $5.6B assets · evidence
- MERCANTILE BANK $5.3B assets · evidence
- INDEPENDENT BANK $5.3B assets · evidence
- NORTHPOINTE BANK $4.8B assets · evidence
Not claimed
- Population is Call Report filers (FDIC-insured commercial banks and savings institutions). Credit unions, holding companies and non-US banks are not part of it.
- One row per reporting institution (RSSD), not per banking group: a holding company with three bank subsidiaries counts three times.
- Income statement items are year-to-date, not quarterly. Ratios marked annualized are multiplied by 4 / quarter number; net income is not.
- The state of an institution is its current head-office state from the Call Report directory, applied to all of its quarters.
- Comparisons across 2011Q4 / 2012Q1 are not pure market movement: thrift institutions moved from the Thrift Financial Report into the Call Report in 2012Q1 (filers 6,789 -> 7,377).
- sample_fact_ids evidence the three largest institutions of the class, not every number in the distribution.
All quarters of this metric · All Banks in Michigan benchmarks · All bank benchmarks