Banktracker

See All Banks

BANK MICHIGAN

Brooklyn, MI

Latest Health Report

Latest Update: Dec. 31, 2020

Assets
$117,935,000
Deposits
$101,120,000
Loans
$87,467,000
Loan Loss Provision
$476,000
Profit
$-177,000
Capital
$9,507,000
Reserves
$1,227,000
Past Due 90 Days
$0
Nonaccrual
$1,091,000
Other Real Estate Owned
$0
Capital Plus Reserves
$10,734,000
Total Troubled Assets
$1,091,000
Troubled Asset Ratio
10.16

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2020 $117,935,000 $101,120,000 $87,467,000 $-177,000 $10,734,000 $1,091,000 10.16
2019 $102,271,000 $83,381,000 $75,458,000 $489,000 $10,549,000 $928,000 8.80
2018 $102,449,000 $84,374,000 $75,852,000 $68,000 $10,719,000 $1,173,000 10.94
2016 $70,874,000 $62,249,000 $48,609,000 $-1,428,000 $8,610,000 $2,296,000 26.67
2015 $66,891,000 $63,092,000 $47,364,000 $-1,479,000 $4,864,000 $1,897,000 39.00