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 Bank Michigan
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Bank Michigan
| RSSD ID 382742 | CERTIFICATE 1008 | ABA NUMBER 72407741 |
| 417 S Main St |
Quarter Ended : |
2026-06-30 |
| Brooklyn, Michigan, 49230 |
Updated : |
2026-07-29 |
| www.bankmichigan.bank |
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| Institution Profile |
| Year Opened : |
1907 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
42 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 175,994 |
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Total Interest Income | 4,710 |
| Total Liabilities | 156,618 |
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Total NonInterest Income | 1,167 |
| Total Bank Equity Capital | 19,376 |
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Total Interest Expense | 1,264 |
| Total Deposits | 144,907 |
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Total NonInterest Expense | 3,857 |
| Net Loans & Leases | 141,475 |
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Net Income | 547 |
| Loan Loss Allowance | 1,659 |
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Net Charge Offs | (247) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 20,241 |
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Total loans | 130,890 |
| Total assets for the leverage ratio | 164,525 |
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Loans secured by real estate: | 99,745 |
| Tier 1 Leverage Ratio | 11.25 |
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Commercial and industrial loans | 24,125 |
| Tier 1 Capital Ratio | 12.69 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.87 |
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Loans to individuals - Other | 787 |
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:· Bank Michigan
