FACTANKER · measured, cited, anchored official records connected

Call report 2008Q3

BANK MICHIGAN — 2008Q3

The 22 measures BANK MICHIGAN reported to the FFIEC for 2008Q3, each linked to its source filing.

PERIOD: 2008Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e56453f1-0a5c-4fa0-8a79-b8671bfadb76/2008Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets59,330,000USDevidence →
Total loans39,583,000USDevidence →
Allowance for loan losses768,000USDevidence →
Securities available for sale6,757,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits52,811,000USDevidence →
Interest-bearing deposits43,411,000USDevidence →
Noninterest-bearing deposits9,400,000USDevidence →
Equity capital6,285,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income2,434,000USDevidence →
Interest expense660,000USDevidence →
Net interest income1,774,000USDevidence →
Noninterest income300,000USDevidence →
Noninterest expense2,039,000USDevidence →
Provision for loan losses332,000USDevidence →
Pretax income-297,000USDevidence →
Income tax12,000USDevidence →
Net income-309,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital6,235,000USDevidence →
Total capital6,773,000USDevidence →
Risk-weighted assets42,778,000USDevidence →