Call report 2024Q3
BANK MICHIGAN — 2024Q3
The 22 measures BANK MICHIGAN reported to the FFIEC for 2024Q3, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 130,617,000 | USD | evidence → |
| Total loans | 100,222,000 | USD | evidence → |
| Allowance for loan losses | 2,323,000 | USD | evidence → |
| Securities available for sale | 9,597,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 111,121,000 | USD | evidence → |
| Interest-bearing deposits | 77,380,000 | USD | evidence → |
| Noninterest-bearing deposits | 33,741,000 | USD | evidence → |
| Equity capital | 10,938,000 | 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 | 5,452,000 | USD | evidence → |
| Interest expense | 1,391,000 | USD | evidence → |
| Net interest income | 4,061,000 | USD | evidence → |
| Noninterest income | 1,799,000 | USD | evidence → |
| Noninterest expense | 5,703,000 | USD | evidence → |
| Provision for loan losses | 1,959,000 | USD | evidence → |
| Pretax income | -1,845,000 | USD | evidence → |
| Income tax | -384,000 | USD | evidence → |
| Net income | -1,461,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 9,618,000 | USD | evidence → |
| Total capital | 10,849,000 | USD | evidence → |
| Risk-weighted assets | 97,359,000 | USD | evidence → |