FACTANKER · measured, cited, anchored official records connected

Call report 2016Q4

BANK MICHIGAN — 2016Q4

The 22 measures BANK MICHIGAN reported to the FFIEC for 2016Q4, each linked to its source filing.

PERIOD: 2016Q4SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e56453f1-0a5c-4fa0-8a79-b8671bfadb76/2016Q4

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets70,874,000USDevidence →
Total loans49,878,000USDevidence →
Allowance for loan losses1,269,000USDevidence →
Securities available for sale1,547,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits62,249,000USDevidence →
Interest-bearing deposits46,558,000USDevidence →
Noninterest-bearing deposits15,692,000USDevidence →
Equity capital7,454,000USDevidence →

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 income2,878,000USDevidence →
Interest expense225,000USDevidence →
Net interest income2,653,000USDevidence →
Noninterest income350,000USDevidence →
Noninterest expense3,832,000USDevidence →
Provision for loan losses599,000USDevidence →
Pretax income-1,428,000USDevidence →
Income tax0USDevidence →
Net income-1,428,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital7,341,000USDevidence →
Total capital7,963,000USDevidence →
Risk-weighted assets49,090,000USDevidence →