Call report 2023Q1
BANK MICHIGAN — 2023Q1
The 22 measures BANK MICHIGAN reported to the FFIEC for 2023Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 109,794,000 | USD | evidence → |
| Total loans | 86,414,000 | USD | evidence → |
| Allowance for loan losses | 1,181,000 | USD | evidence → |
| Securities available for sale | 9,355,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 91,505,000 | USD | evidence → |
| Interest-bearing deposits | 63,155,000 | USD | evidence → |
| Noninterest-bearing deposits | 28,351,000 | USD | evidence → |
| Equity capital | 10,210,000 | 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 | 1,462,000 | USD | evidence → |
| Interest expense | 199,000 | USD | evidence → |
| Net interest income | 1,263,000 | USD | evidence → |
| Noninterest income | 385,000 | USD | evidence → |
| Noninterest expense | 1,781,000 | USD | evidence → |
| Provision for loan losses | 10,000 | USD | evidence → |
| Pretax income | -133,000 | USD | evidence → |
| Income tax | -27,000 | USD | evidence → |
| Net income | -106,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 9,897,000 | USD | evidence → |
| Total capital | 10,961,000 | USD | evidence → |
| Risk-weighted assets | 84,996,000 | USD | evidence → |