Call report 2023Q3
BANK MICHIGAN — 2023Q3
The 22 measures BANK MICHIGAN reported to the FFIEC for 2023Q3, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 119,087,000 | USD | evidence → |
| Total loans | 89,647,000 | USD | evidence → |
| Allowance for loan losses | 1,872,000 | USD | evidence → |
| Securities available for sale | 9,063,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 102,398,000 | USD | evidence → |
| Interest-bearing deposits | 68,900,000 | USD | evidence → |
| Noninterest-bearing deposits | 33,498,000 | USD | evidence → |
| Equity capital | 8,907,000 | 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 | 4,612,000 | USD | evidence → |
| Interest expense | 803,000 | USD | evidence → |
| Net interest income | 3,809,000 | USD | evidence → |
| Noninterest income | 807,000 | USD | evidence → |
| Noninterest expense | 5,576,000 | USD | evidence → |
| Provision for loan losses | 703,000 | USD | evidence → |
| Pretax income | -1,648,000 | USD | evidence → |
| Income tax | -350,000 | USD | evidence → |
| Net income | -1,298,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 8,353,000 | USD | evidence → |
| Total capital | 9,463,000 | USD | evidence → |
| Risk-weighted assets | 88,005,000 | USD | evidence → |