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Call report 2020Q4

BANK MICHIGAN — 2020Q4

The 22 measures BANK MICHIGAN reported to the FFIEC for 2020Q4, each linked to its source filing.

PERIOD: 2020Q4SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e56453f1-0a5c-4fa0-8a79-b8671bfadb76/2020Q4

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets117,935,000USDevidence →
Total loans88,694,000USDevidence →
Allowance for loan losses1,227,000USDevidence →
Securities available for sale5,313,000USDevidence →
Securities held to maturity1,242,000USDevidence →
Trading assets0USDevidence →
Total deposits101,120,000USDevidence →
Interest-bearing deposits64,578,000USDevidence →
Noninterest-bearing deposits36,542,000USDevidence →
Equity capital10,216,000USDevidence →

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 income5,125,000USDevidence →
Interest expense971,000USDevidence →
Net interest income4,154,000USDevidence →
Noninterest income1,270,000USDevidence →
Noninterest expense5,100,000USDevidence →
Provision for loan losses476,000USDevidence →
Pretax income-96,000USDevidence →
Income tax-22,000USDevidence →
Net income-177,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital9,507,000USDevidence →
Total capital10,522,000USDevidence →
Risk-weighted assets80,992,000USDevidence →