Bank Michigan quarterly financials
As reported to the FDIC. Dollar values are period-end balances. Net income is for the single quarter, derived from the FDIC's year-to-date figures by subtracting the prior quarter's report. Ratios (ROA, ROE, NIM) are FDIC-computed annualized year-to-date values.
| Quarter | Assets | Deposits | Net loans | Equity | Net income | ROA | ROE | NIM | Noncurrent |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2026 | $160M | $133M | $122M | $19M | $176K | 0.45% | 3.71% | 4.65% | 1.25% |
| Q4 2025 | $154M | $127M | $117M | $19M | $2M | 5.20% | 52.30% | 4.85% | 1.51% |
| Q3 2025 | $141M | $115M | $103M | $17M | $5M | 5.53% | 59.67% | 4.85% | 2.65% |
| Q2 2025 | $132M | $112M | $108M | $12M | $334K | 0.52% | 6.29% | 4.91% | 5.79% |
| Q1 2025 | $132M | $113M | $107M | $12M | $7K | 0.02% | 0.27% | 4.70% | 3.46% |
| Q4 2024 | $132M | $116M | $103M | $9M | $-1909K | -2.70% | -29.79% | 4.70% | 2.70% |
| Q3 2024 | $131M | $111M | $98M | $11M | $-1396K | -1.59% | -16.35% | 4.85% | 1.13% |
| Q2 2024 | $125M | $106M | $94M | $12M | $-4K | -0.11% | -1.06% | 4.93% | 2.12% |
| Q1 2024 | $117M | $97M | $89M | $12M | $-61K | -0.21% | -1.99% | 4.93% | 2.33% |
| Q4 2023 | $118M | $99M | $89M | $12M | $-729K | -1.77% | -19.59% | 4.80% | 2.35% |
| Q3 2023 | $119M | $102M | $88M | $9M | $-816K | -1.52% | -17.55% | 4.80% | 3.57% |
| Q2 2023 | $112M | $95M | $89M | $10M | $-376K | -0.86% | -9.47% | 4.85% | 1.89% |
Transcribed from FDIC BankFind Suite quarterly financial data (Call Report-derived). Income in Call Reports is filed year-to-date; per-quarter net income shown here is the difference between consecutive reports within the same year. NIM = net interest margin; “Noncurrent” = noncurrent loans as a share of total loans. These figures describe reported financials only and are not a safety rating or a prediction about the institution.