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Bank Michigan

Brooklyn, MI

Latest Health Report

Latest Update: March 31, 2020

Assets
$105,576,000
Deposits
$87,205,000
Loans
$75,010,000
Loan Loss Provision
$10,000
Profit
$-358,000
Capital
$9,273,000
Reserves
$758,000
Past Due 90 Days
$0
Nonaccrual
$900,000
Other Real Estate Owned
$0
Capital Plus Reserves
$10,031,000
Total Troubled Assets
$900,000
Troubled Asset Ratio
8.97

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
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
2014 77,033,000 70,760,000 52,441,000 -675,000 5,918,000 4,126,000 69.72