Call report 2020Q3
BANK MICHIGAN — 2020Q3
The 22 measures BANK MICHIGAN reported to the FFIEC for 2020Q3, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 126,075,000 | USD | evidence → |
| Total loans | 100,067,000 | USD | evidence → |
| Allowance for loan losses | 1,228,000 | USD | evidence → |
| Securities available for sale | 9,126,000 | USD | evidence → |
| Securities held to maturity | 1,242,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 96,427,000 | USD | evidence → |
| Interest-bearing deposits | 69,883,000 | USD | evidence → |
| Noninterest-bearing deposits | 26,545,000 | USD | evidence → |
| Equity capital | 9,764,000 | 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 | 3,615,000 | USD | evidence → |
| Interest expense | 770,000 | USD | evidence → |
| Net interest income | 2,845,000 | USD | evidence → |
| Noninterest income | 614,000 | USD | evidence → |
| Noninterest expense | 3,803,000 | USD | evidence → |
| Provision for loan losses | 476,000 | USD | evidence → |
| Pretax income | -812,000 | USD | evidence → |
| Income tax | -171,000 | USD | evidence → |
| Net income | -641,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 8,929,000 | USD | evidence → |
| Total capital | 9,922,000 | USD | evidence → |
| Risk-weighted assets | 79,188,000 | USD | evidence → |