| Weiss Ratings |
Bank Michigan
Brooklyn, MI |
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| Rating | ||||
| Asset Quality Index | 0.10 | |||
| Capitalization Index | 7.30 | |||
| Liquidity Index | 0.60 | |||
| Profitability Index | 1.90 | |||
| Stability Index | 3.20 | |||
| 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 | 5.27% | |||
| 5-Year Asset Growth | 5.84% | |||
| 5-Year Charge-Offs to Average Loans | 0.50% | |||
| Charge-Offs to Average Loans | 1.12% | |||
| Non-Performing Assets to Assets | 4.03% | |||
| Non-Performing Loans to Capital | 37.49% | |||
| Non-Performing Loans to Loans | 5.99% | |||
| Balance Sheet |
Bank Michigan
Brooklyn, MI |
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| Total Assets | 131.83M | |||
| Total Deposits | 112.42M | |||
| Capital and Reserves |
Bank Michigan
Brooklyn, MI |
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| Capital | 11.96M | |||
| Leverage Ratio | 9.19 | |||
| Loan Loss Reserves to Loans | 1.54% | |||
| Risk-Based Capital Ratio | 12.10 | |||
| Liquidity |
Bank Michigan
Brooklyn, MI |
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| Hot Money Ratio | 11.56% | |||
| Liquidity Ratio | 9.24% | |||
| Profitability |
Bank Michigan
Brooklyn, MI |
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| 5-Year Return on Average Assets | -0.82% | |||
| Net Income | 341.00K | |||
| Net Interest Spread | 4.79% | |||
| Operating Profit to Average Assets | 0.52% | |||
| Overhead Efficiency Ratio | 96.77% | |||
| Return on Assets | 0.52% | |||
| Return on Equity | 6.18% | |||