Call report 2024Q4
BANK MICHIGAN — 2024Q4
The 22 measures BANK MICHIGAN reported to the FFIEC for 2024Q4, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 132,121,000 | USD | evidence → |
| Total loans | 105,365,000 | USD | evidence → |
| Allowance for loan losses | 2,581,000 | USD | evidence → |
| Securities available for sale | 9,224,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 115,810,000 | USD | evidence → |
| Interest-bearing deposits | 82,951,000 | USD | evidence → |
| Noninterest-bearing deposits | 32,859,000 | USD | evidence → |
| Equity capital | 8,919,000 | 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 | 7,293,000 | USD | evidence → |
| Interest expense | 1,945,000 | USD | evidence → |
| Net interest income | 5,348,000 | USD | evidence → |
| Noninterest income | 2,253,000 | USD | evidence → |
| Noninterest expense | 7,657,000 | USD | evidence → |
| Provision for loan losses | 2,221,000 | USD | evidence → |
| Pretax income | -2,296,000 | USD | evidence → |
| Income tax | 1,074,000 | USD | evidence → |
| Net income | -3,370,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 9,216,000 | USD | evidence → |
| Total capital | 10,524,000 | USD | evidence → |
| Risk-weighted assets | 103,357,000 | USD | evidence → |