Call report 2020Q1
BANK MICHIGAN — 2020Q1
The 22 measures BANK MICHIGAN reported to the FFIEC for 2020Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 105,576,000 | USD | evidence → |
| Total loans | 75,768,000 | USD | evidence → |
| Allowance for loan losses | 758,000 | USD | evidence → |
| Securities available for sale | 5,686,000 | USD | evidence → |
| Securities held to maturity | 1,312,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 87,205,000 | USD | evidence → |
| Interest-bearing deposits | 71,583,000 | USD | evidence → |
| Noninterest-bearing deposits | 15,622,000 | USD | evidence → |
| Equity capital | 10,022,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 1,114,000 | USD | evidence → |
| Interest expense | 279,000 | USD | evidence → |
| Net interest income | 835,000 | USD | evidence → |
| Noninterest income | 106,000 | USD | evidence → |
| Noninterest expense | 1,393,000 | USD | evidence → |
| Provision for loan losses | 10,000 | USD | evidence → |
| Pretax income | -454,000 | USD | evidence → |
| Income tax | -96,000 | USD | evidence → |
| Net income | -358,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 9,273,000 | USD | evidence → |
| Total capital | 10,031,000 | USD | evidence → |
| Risk-weighted assets | 78,424,000 | USD | evidence → |