Call reports 2026
FIRST STATE BANK OF MICHIGAN — 2026
What FIRST STATE BANK OF MICHIGAN reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 83,176,000 | 87,760,000 |
| Total loans | 51,264,000 | 63,811,000 |
| Allowance for loan losses | 609,000 | 609,000 |
| Securities available for sale | 6,445,000 | 6,380,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 66,791,000 | 71,572,000 |
| Interest-bearing deposits | 58,581,000 | 53,165,000 |
| Noninterest-bearing deposits | 8,210,000 | 18,407,000 |
| Equity capital | 15,142,000 | 14,877,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 1,071,000 | 2,234,000 |
| Interest expense | 386,000 | 792,000 |
| Net interest income | 685,000 | 1,442,000 |
| Noninterest income | 28,000 | 58,000 |
| Noninterest expense | 937,000 | 1,999,000 |
| Provision for loan losses | 67,000 | 67,000 |
| Pretax income | -277,000 | -552,000 |
| Income tax | 0 | 0 |
| Net income | -277,000 | -552,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 11,556,000 | 11,318,000 |