FACTANKER · measured, cited, anchored official records connected

Call report 2022Q1

BANK MICHIGAN — 2022Q1

The 22 measures BANK MICHIGAN reported to the FFIEC for 2022Q1, each linked to its source filing.

PERIOD: 2022Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e56453f1-0a5c-4fa0-8a79-b8671bfadb76/2022Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets114,199,000USDevidence →
Total loans94,884,000USDevidence →
Allowance for loan losses977,000USDevidence →
Securities available for sale5,577,000USDevidence →
Securities held to maturity22,000USDevidence →
Trading assets0USDevidence →
Total deposits102,306,000USDevidence →
Interest-bearing deposits70,714,000USDevidence →
Noninterest-bearing deposits31,592,000USDevidence →
Equity capital10,541,000USDevidence →

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 income1,213,000USDevidence →
Interest expense63,000USDevidence →
Net interest income1,150,000USDevidence →
Noninterest income364,000USDevidence →
Noninterest expense1,384,000USDevidence →
Provision for loan losses59,000USDevidence →
Pretax income71,000USDevidence →
Income tax16,000USDevidence →
Net income55,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital10,175,000USDevidence →
Total capital11,152,000USDevidence →
Risk-weighted assets91,675,000USDevidence →