FACTANKER · measured, cited, anchored official records connected

Call report 2016Q2

BANK MICHIGAN — 2016Q2

The 22 measures BANK MICHIGAN reported to the FFIEC for 2016Q2, each linked to its source filing.

PERIOD: 2016Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e56453f1-0a5c-4fa0-8a79-b8671bfadb76/2016Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets66,206,000USDevidence →
Total loans47,303,000USDevidence →
Allowance for loan losses1,308,000USDevidence →
Securities available for sale1,545,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits62,675,000USDevidence →
Interest-bearing deposits48,368,000USDevidence →
Noninterest-bearing deposits14,306,000USDevidence →
Equity capital3,381,000USDevidence →

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 income1,402,000USDevidence →
Interest expense112,000USDevidence →
Net interest income1,290,000USDevidence →
Noninterest income285,000USDevidence →
Noninterest expense1,834,000USDevidence →
Provision for loan losses328,000USDevidence →
Pretax income-587,000USDevidence →
Income tax0USDevidence →
Net income-587,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital3,381,000USDevidence →
Total capital3,986,000USDevidence →
Risk-weighted assets47,660,000USDevidence →