Bank Michigan
Brooklyn, MI
IDRSSD: 382742
Total Assets
$153.54M
Latest filing
Total Deposits
$126.76M
Latest filing
Net Interest Margin
4.95%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
072407741BROOKLYN, MI
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Bank Michigan
417 S Main St
Brooklyn, MI 49230
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/01/1907FDIC Certificate 667
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Bank Michigan (Main) | 417 S Main St | Brooklyn, MI |
| FOUNDING OFFICE | 112 S Main St | Onsted, MI |
| ANN ARBOR BRANCH | 305 E Eisenhower Pkwy | Ann Arbor, MI |
Showing 2 of 2
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 10/01/1907 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49230 |
| State and County Number | 26075 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Jackson, MI |
Operational Info
| Number of Employees | 41 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.bankmichigan.bank |
| Data Updated | 01/30/2026 |
| CERT | 1008 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $153.54M |
| Total Deposits | $126.76M |
| Total Liabilities | $134.60M |
| Total Equity Capital | $18.94M |
| Net Income | $1.62M |
| Net Loans and Leases | $117.21M |
| Assets Per Employee ($Millions) | $3.57M |
| Bank Premises and Fixed Assets | $3.22M |
| Cash and Balances due from Depository Institutions | $19.88M |
| Deposits Held in Domestic Offices | $126.76M |
Key Performance Ratios
| Return on Assets (ROA) | 4.4% |
| Return on Equity (ROE) | 35.77% |
| Net Interest Margin | 4.95% |
| Efficiency Ratio | 91.48% |
| Tier 1 Risk-Based Capital Ratio | 15.717% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.29% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.336% |
| Earning Assets to total Assets | 93.24% |
Income and Expense
| Total Interest Income | $2.22M |
| Total Noninterest Income | $588.00k |
| Total Interest Expense | $528.00k |
| Total Noninterest Expense | $2.08M |
| Net Interest Income | $1.69M |
| Pre-tax Net Operating Income | $86.00k |
| Provision for Credit Losses | $108.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $5.25M |
| Federal Funds Sold & Reverse Repurchase Agreement | $2.57M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.59M |
| Total Liabilities and Capital | $153.54M |
Securities
| Securities | $8.31M |
| Available-for-sale debt securities | $8.31M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Bank Michigan?
$153.54M as of the latest filing.
How much are Bank Michigan's total deposits?
$126.76M in total deposits.
Where is Bank Michigan located?
Brooklyn, MI.
What is the Net Interest Margin?
4.95%.
How many domestic offices does it operate?
3.
When was it established?
10/01/1907.
What is the Return on Assets (ROA)?
4.4%.
How much are total loans and leases?
$117.21M (latest filing).
What is the total interest income (latest filing)?
$2.22M.