FACTANKER · measured, cited, anchored official records connected

Call report 2008Q4

BANK MICHIGAN — 2008Q4

The 22 measures BANK MICHIGAN reported to the FFIEC for 2008Q4, each linked to its source filing.

PERIOD: 2008Q4SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e56453f1-0a5c-4fa0-8a79-b8671bfadb76/2008Q4

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets59,260,000USDevidence →
Total loans41,262,000USDevidence →
Allowance for loan losses768,000USDevidence →
Securities available for sale6,193,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits52,283,000USDevidence →
Interest-bearing deposits44,790,000USDevidence →
Noninterest-bearing deposits7,494,000USDevidence →
Equity capital6,527,000USDevidence →

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 income3,234,000USDevidence →
Interest expense856,000USDevidence →
Net interest income2,378,000USDevidence →
Noninterest income470,000USDevidence →
Noninterest expense2,712,000USDevidence →
Provision for loan losses354,000USDevidence →
Pretax income-217,000USDevidence →
Income tax-94,000USDevidence →
Net income-123,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital6,421,000USDevidence →
Total capital6,969,000USDevidence →
Risk-weighted assets43,581,000USDevidence →