Mi Bank
| Weiss Ratings |
Mi Bank
Bloomfield Hills, MI |
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| Rating | ||||
| Asset Quality Index | 7.60 | |||
| Capitalization Index | 7.20 | |||
| Liquidity Index | 0.30 | |||
| Profitability Index | 3.10 | |||
| Stability Index | 2.40 | |||
| Company Info |
Mi Bank
Bloomfield Hills, MI |
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| FDIC Number | 59138 | |||
| Phone Number | (855) 642-2651 | |||
| Website | www.mi.bank | |||
| Asset Quality |
Mi Bank
Bloomfield Hills, MI |
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| 1-Year Asset Growth | -2.36% | |||
| 5-Year Asset Growth | 28.79% | |||
| 5-Year Charge-Offs to Average Loans | 0.45% | |||
| Charge-Offs to Average Loans | 0.00% | |||
| Non-Performing Assets to Assets | 0.16% | |||
| Non-Performing Loans to Capital | 1.59% | |||
| Non-Performing Loans to Loans | 0.19% | |||
| Balance Sheet |
Mi Bank
Bloomfield Hills, MI |
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| Total Assets | 245.50M | |||
| Total Deposits | 220.91M | |||
| Capital and Reserves |
Mi Bank
Bloomfield Hills, MI |
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| Capital | 22.84M | |||
| Leverage Ratio | 9.14 | |||
| Loan Loss Reserves to Loans | 1.12% | |||
| Risk-Based Capital Ratio | 11.24 | |||
| Liquidity |
Mi Bank
Bloomfield Hills, MI |
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| Hot Money Ratio | 7.63% | |||
| Liquidity Ratio | 12.78% | |||
| Profitability |
Mi Bank
Bloomfield Hills, MI |
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| 5-Year Return on Average Assets | 0.09% | |||
| Net Income | 1.21M | |||
| Net Interest Spread | 3.36% | |||
| Operating Profit to Average Assets | 1.22% | |||
| Overhead Efficiency Ratio | 63.62% | |||
| Return on Assets | 0.96% | |||
| Return on Equity | 10.92% | |||