Banks in Michigan — Net Income (year to date), 2024Q1
Population: 80 Call Report filers, reporting date 2024-03-31.
Cite as: FACTANKER, https://factanker.com/banks/state-mi/net-income/2024Q1
← 2023Q4 · 2024Q2 → · latest quarter
| 10th percentile | $37.3k |
|---|---|
| 25th percentile | $302.5k |
| Median | $862.5k |
| 75th percentile | $2.0M |
| 90th percentile | $4.0M |
| Mean | $4.3M |
| Minimum | $-4.3M |
| Maximum | $153.0M |
Combined total: $343.0M
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 2024-03-31; 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 2024-03-31; 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 $79.5B assets · evidence
- FIRST NATIONAL BANK OF AMERICA $5.8B assets · evidence
- MERCANTILE BANK $5.4B assets · evidence
- INDEPENDENT BANK $5.2B assets · evidence
- NORTHPOINTE BANK $4.9B 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