Call reports 2025
BANK MICHIGAN — 2025
What BANK MICHIGAN reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 132,273,000 | 131,825,000 | 141,120,000 | 153,545,000 |
| Total loans | 109,166,000 | 110,137,000 | 105,029,000 | 118,590,000 |
| Allowance for loan losses | 2,023,000 | 1,701,000 | 2,029,000 | 1,378,000 |
| Securities available for sale | 8,693,000 | 8,617,000 | 8,357,000 | 8,314,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,412,000 | 112,422,000 | 115,241,000 | 126,761,000 |
| Interest-bearing deposits | 84,930,000 | 81,804,000 | 83,975,000 | 92,702,000 |
| Noninterest-bearing deposits | 28,482,000 | 30,618,000 | 31,266,000 | 34,059,000 |
| Equity capital | 11,629,000 | 11,961,000 | 17,265,000 | 18,941,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 1,991,000 | 4,086,000 | 6,133,000 | 8,351,000 |
| Interest expense | 548,000 | 1,071,000 | 1,593,000 | 2,121,000 |
| Net interest income | 1,443,000 | 3,015,000 | 4,540,000 | 6,230,000 |
| Noninterest income | 471,000 | 794,000 | 7,082,000 | 7,670,000 |
| Noninterest expense | 1,837,000 | 3,686,000 | 5,651,000 | 7,735,000 |
| Provision for loan losses | 46,000 | -275,000 | -1,124,000 | -984,000 |
| Pretax income | 7,000 | 341,000 | 7,054,000 | 7,140,000 |
| Income tax | 0 | 0 | 1,485,000 | -48,000 |
| Net income | 7,000 | 341,000 | 5,569,000 | 7,188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,864,000 | 12,197,000 | 17,426,000 | 18,413,000 |
| Total capital | 13,232,000 | 13,607,000 | 18,748,000 | 19,831,000 |
| Risk-weighted assets | 108,803,000 | 112,435,000 | 104,947,000 | 117,152,000 |