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Bank Michigan

IDRSSD: 382742
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q4

Per-quarter snapshot for 2024-Q4: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
69
/ 100
StableAs of 2024-Q4QoQ -8

Weighted composite of five pillars (Liquidity, Securities, Capitalization, Asset Quality, Reserves). Missing pillars are dropped from the denominator. See methodology footer.

Quarterly Headline

2024-Q4

Bank #382742 2024-Q4 Vital Signs Score: 69/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Capitalization (risk).

Liquidity:Strong
Securities:Strong
Capitalization:Risk
Asset Quality:Stable
Reserves:Stable

Top 3 Watch Items

  1. info
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 2.77% (govt-guarantees stripped).

What changed this quarter

Compared to Q3 2024:
↓ -8 ptscomposite
  • Liquidity
    ↓ -4
  • Securities
    — —
  • Capitalization
    ↓ -13
  • Asset Quality
    ↑ +2
  • Reserves
    ↓ -31

The five pillars

Liquidity

StrongQoQ -4
82
Sub-score

Liquidity is strong: brokered 13.0%, loans/deposits 88.8%, cash 10.5% of assets.

Cash / Assets
10.49%
Loans / Deposits
88.75%
Brokered %
12.99%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 4.5% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
4.47%
No watch items at this period.

Capitalization

RiskQoQ -13
34
Sub-score

Capital position is weak: Tier 1 RBC 8.86%, CET1 8.86%, leverage 7.08%.

Tier 1 RBC
8.86%
CET1
8.86%
Leverage
7.08%
No watch items at this period.

Asset Quality

StableQoQ +2
76
Sub-score

Asset quality is stable: Adjusted NPL 2.77%, Texas Ratio 24.3%, NCO YTD 0.02%.

Adjusted NPL
2.77%
Govt-guarantees stripped
Texas Ratio
24.3%
NCO YTD
0.02%
30-89 PD
0.70%
Band 0.3% / 3.0%
90+ PD
0.02%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.77% (govt-guarantees stripped).

Reserves

StableQoQ -31
69
Sub-score

Reserves are stable: ALLL 2.45% of loans, coverage 90.6%, true coverage 85.7%.

ALLL / Loans
2.45%
Coverage
90.6%
True Loss Coverage
85.7%
No watch items at this period.

Methodology + sources

Vital Signs Score
Composite of five pillar sub-scores, each 0–100. Weights: Liquidity 20%, Securities 15%, Capitalization 25%, Asset Quality 25%, Reserves 15%. See functions/src/vitalSignsScore.ts for the complete formula and band anchors.
Period addressing
Per-quarter URLs accept "YYYY-Q{n}" (canonical), "YYYYqQ" (compact form), or "YYYY-MM-DD" quarter-end dates. All forms canonicalize to the same snapshot.
Source data
FFIEC Call Report Schedules RC, RC-A, RC-B, RC-E, RC-M, RC-N, RC-R, RI, and RI-B Pt I/II via CallReport_Financials + CallReport_FdicData (Visbanking nightly ingest).

Five-pillar framework follows industry-standard bank-health analytical conventions. Composite scoring is Visbanking's own.

Generated: 2026-05-12 00:47:44 UTC