Call report 2020Q2
BANK MICHIGAN — 2020Q2
The 22 measures BANK MICHIGAN reported to the FFIEC for 2020Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 129,329,000 | USD | evidence → |
| Total loans | 97,030,000 | USD | evidence → |
| Allowance for loan losses | 1,202,000 | USD | evidence → |
| Securities available for sale | 8,643,000 | USD | evidence → |
| Securities held to maturity | 1,242,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 95,566,000 | USD | evidence → |
| Interest-bearing deposits | 69,137,000 | USD | evidence → |
| Noninterest-bearing deposits | 26,429,000 | USD | evidence → |
| Equity capital | 9,618,000 | 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 | 2,283,000 | USD | evidence → |
| Interest expense | 540,000 | USD | evidence → |
| Net interest income | 1,743,000 | USD | evidence → |
| Noninterest income | 307,000 | USD | evidence → |
| Noninterest expense | 2,585,000 | USD | evidence → |
| Provision for loan losses | 453,000 | USD | evidence → |
| Pretax income | -980,000 | USD | evidence → |
| Income tax | -205,000 | USD | evidence → |
| Net income | -775,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 8,754,000 | USD | evidence → |
| Total capital | 9,700,000 | USD | evidence → |
| Risk-weighted assets | 75,392,000 | USD | evidence → |