Call report 2021Q2
BANK MICHIGAN — 2021Q2
The 22 measures BANK MICHIGAN reported to the FFIEC for 2021Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 119,055,000 | USD | evidence → |
| Total loans | 90,545,000 | USD | evidence → |
| Allowance for loan losses | 1,024,000 | USD | evidence → |
| Securities available for sale | 5,006,000 | USD | evidence → |
| Securities held to maturity | 22,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 103,582,000 | USD | evidence → |
| Interest-bearing deposits | 66,598,000 | USD | evidence → |
| Noninterest-bearing deposits | 36,984,000 | USD | evidence → |
| Equity capital | 10,656,000 | 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 | 2,810,000 | USD | evidence → |
| Interest expense | 230,000 | USD | evidence → |
| Net interest income | 2,580,000 | USD | evidence → |
| Noninterest income | 530,000 | USD | evidence → |
| Noninterest expense | 2,743,000 | USD | evidence → |
| Provision for loan losses | -216,000 | USD | evidence → |
| Pretax income | 582,000 | USD | evidence → |
| Income tax | 121,000 | USD | evidence → |
| Net income | 461,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 10,078,000 | USD | evidence → |
| Total capital | 11,057,000 | USD | evidence → |
| Risk-weighted assets | 78,279,000 | USD | evidence → |