Call report 2023Q4
BANK MICHIGAN — 2023Q4
The 22 measures BANK MICHIGAN reported to the FFIEC for 2023Q4, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 118,414,000 | USD | evidence → |
| Total loans | 90,381,000 | USD | evidence → |
| Allowance for loan losses | 1,501,000 | USD | evidence → |
| Securities available for sale | 9,683,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 98,752,000 | USD | evidence → |
| Interest-bearing deposits | 67,219,000 | USD | evidence → |
| Noninterest-bearing deposits | 31,533,000 | USD | evidence → |
| Equity capital | 12,287,000 | 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 | 6,268,000 | USD | evidence → |
| Interest expense | 1,179,000 | USD | evidence → |
| Net interest income | 5,089,000 | USD | evidence → |
| Noninterest income | 1,069,000 | USD | evidence → |
| Noninterest expense | 7,401,000 | USD | evidence → |
| Provision for loan losses | 1,336,000 | USD | evidence → |
| Pretax income | -2,561,000 | USD | evidence → |
| Income tax | -534,000 | USD | evidence → |
| Net income | -2,027,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 11,433,000 | USD | evidence → |
| Total capital | 12,525,000 | USD | evidence → |
| Risk-weighted assets | 87,008,000 | USD | evidence → |