Bank Michigan
Brooklyn, MI · Cert 1008 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Bank Michigan Financial Corp.
State charter, Fed member · FED · 3 branches
Q2 2026
$176.0MAssets
$143.3MLoans
$144.9MDeposits
$19.4MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 185 of 743).
- Widest gap: efficiency ratio trails 87% of banks under $1B in assets operating in a single state (rank 652 of 746).
- Overall: at or above the peer median on 3 of 9 directional measures.
Return on Assets
0.62%
Rank 598 of 746
Net Interest Margin
4.19%
Rank 175 of 746
Efficiency Ratio
83.61%
Rank 652 of 746
Equity / Assets
11.01%
Rank 320 of 746
Non-interest income vs. expense
Unfavorable gap of $5.4M · efficiency ratio beats 13% of banks under $1B in assets operating in a single state | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.62% | 0.72% | 1.06% | 1.45% | Beats 20% | 598 / 746 | | |
| Return on Equity | 5.65% | 6.74% | 10.51% | 13.63% | Beats 20% | 594 / 746 | | |
| Net Interest Margin | 4.19% | 3.17% | 3.68% | 4.16% | Beats 77% | 175 / 746 | | |
| Efficiency Ratio | 83.61% | 55.74% | 64.58% | 75.47% | Beats 13% | 652 / 746 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.03% | 0.09% | 0.42% | 1.07% | Beats 26% | 549 / 743 | | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | 0.05% | Beats 100% | 185 / 743 | | |
| Capital |
| Tier 1 Capital Ratio | 12.69% | 11.55% | 13.75% | 17.60% | Beats 38% | 465 / 746 | | |
| Total Risk-Based Capital Ratio | 13.87% | 11.71% | 14.33% | 18.43% | Beats 45% | 408 / 746 | | |
| Equity / Assets | 11.01% | 8.90% | 10.51% | 13.06% | Beats 57% | 320 / 746 | | |
| Liquidity & Funding |
| Loans / Deposits | 98.90% | 61.31% | 78.27% | 90.78% | 89th pctl | 83 / 746 | | |
| Loans / Assets | 81.43% | 53.60% | 66.97% | 76.08% | 88th pctl | 87 / 746 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |