| Weiss Ratings |
Bank Michigan
Brooklyn, MI |
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| Rating | ||||
| Asset Quality Index | 3.90 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 1.30 | |||
| Profitability Index | 6.00 | |||
| Stability Index | 3.80 | |||
| 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 | 16.22% | |||
| 5-Year Asset Growth | 6.04% | |||
| 5-Year Charge-Offs to Average Loans | 0.50% | |||
| Charge-Offs to Average Loans | 0.20% | |||
| Non-Performing Assets to Assets | 0.73% | |||
| Non-Performing Loans to Capital | 6.19% | |||
| Non-Performing Loans to Loans | 1.51% | |||
| Balance Sheet |
Bank Michigan
Brooklyn, MI |
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| Total Assets | 153.55M | |||
| Total Deposits | 126.76M | |||
| Capital and Reserves |
Bank Michigan
Brooklyn, MI |
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| Capital | 18.94M | |||
| Leverage Ratio | 12.94 | |||
| Loan Loss Reserves to Loans | 1.16% | |||
| Risk-Based Capital Ratio | 16.93 | |||
| Liquidity |
Bank Michigan
Brooklyn, MI |
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| Hot Money Ratio | 15.00% | |||
| Liquidity Ratio | 16.96% | |||
| Profitability |
Bank Michigan
Brooklyn, MI |
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| 5-Year Return on Average Assets | -0.82% | |||
| Net Income | 7.19M | |||
| Net Interest Spread | 4.80% | |||
| Operating Profit to Average Assets | 5.26% | |||
| Overhead Efficiency Ratio | 55.65% | |||
| Return on Assets | 5.30% | |||
| Return on Equity | 52.48% | |||