Mi Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.4 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.6, driven by a liquidity ratio of 29.7 percent and a “hot money” ratio of 5.8 percent. Good current capitalization (6.0 on a scale of 0 to 10) based on a risk-based capital ratio of 10.9 and a capital leverage ratio of 8.0.
Asset Mix:
Cash (27%), comm re (26%), comm loans (19%), securities (3%), home mtgs (2%), other (24%)
States with Branches:
MI
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Mi Bancorp, Inc.
Investment Rating
--
Address
3707 West Maple Road
Bloomfield Hills, MI 48301
Bloomfield Hills, MI 48301
Phone Number
(855) 642-2651
Year Founded
2019
FDIC Number
Website
Largest Affiliates
No affiliate information available.