| Weiss Ratings |
Bank Michigan
Brooklyn, MI |
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| Rating | ||||
| Asset Quality Index | 5.80 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 0.70 | |||
| Profitability Index | 4.70 | |||
| Stability Index | 4.30 | |||
| Company Info |
Bank Michigan
Brooklyn, MI |
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| FDIC Number | 1008 | |||
| Phone Number | (517) 592-3205 | |||
| Website | www.bankmichigan.bank | |||
| Asset Quality |
Bank Michigan
Brooklyn, MI |
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| 1-Year Asset Growth | 33.51% | |||
| 5-Year Asset Growth | 6.04% | |||
| 5-Year Charge-Offs to Average Loans | 0.52% | |||
| Charge-Offs to Average Loans | -0.40% | |||
| Non-Performing Assets to Assets | 0.69% | |||
| Non-Performing Loans to Capital | 3.07% | |||
| Non-Performing Loans to Loans | 1.08% | |||
| Balance Sheet |
Bank Michigan
Brooklyn, MI |
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| Total Assets | 175.99M | |||
| Total Deposits | 144.91M | |||
| Capital and Reserves |
Bank Michigan
Brooklyn, MI |
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| Capital | 19.38M | |||
| Leverage Ratio | 11.25 | |||
| Loan Loss Reserves to Loans | 1.16% | |||
| Risk-Based Capital Ratio | 13.87 | |||
| Liquidity |
Bank Michigan
Brooklyn, MI |
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| Hot Money Ratio | 18.16% | |||
| Liquidity Ratio | 13.12% | |||
| Profitability |
Bank Michigan
Brooklyn, MI |
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| 5-Year Return on Average Assets | 0.27% | |||
| Net Income | 547.00K | |||
| Net Interest Spread | 4.62% | |||
| Operating Profit to Average Assets | 0.88% | |||
| Overhead Efficiency Ratio | 83.61% | |||
| Return on Assets | 0.69% | |||
| Return on Equity | 5.73% | |||