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Bank Michigan

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

Vital Signs Report — 2025-Q1

Per-quarter snapshot for 2025-Q1: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
66
/ 100
StableAs of 2025-Q1QoQ -3

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

Quarterly Headline

2025-Q1

Bank #382742 2025-Q1 Vital Signs Score: 66/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (watch).

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

Top 3 Watch Items

  1. watch
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 3.53% (govt-guarantees stripped).
  2. watch
    Net charge-offs elevated
    Asset Quality — NCO YTD 2.25% of loans.

What changed this quarter

Compared to Q4 2024:
↓ -3 ptscomposite
  • Liquidity
    ↓ -7
  • Securities
    — —
  • Capitalization
    ↑ +30
  • Asset Quality
    ↓ -21
  • Reserves
    ↓ -25

The five pillars

Liquidity

StableQoQ -7
75
Sub-score

Liquidity is stable: brokered 14.2%, loans/deposits 94.5%, cash 8.6% of assets.

Cash / Assets
8.57%
Loans / Deposits
94.47%
Brokered %
14.16%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 4.1% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
4.14%
No watch items at this period.

Capitalization

StableQoQ +30
64
Sub-score

Capital position is stable: Tier 1 RBC 10.90%, CET1 10.90%, leverage 9.10%.

Tier 1 RBC
10.90%
CET1
10.90%
Leverage
9.10%
No watch items at this period.

Asset Quality

WatchQoQ -21
54
Sub-score

Asset quality is deteriorating: Adjusted NPL 3.53%, Texas Ratio 27.2%, NCO YTD 2.25%.

Adjusted NPL
3.53%
Govt-guarantees stripped
Texas Ratio
27.2%
NCO YTD
2.25%
30-89 PD
0.37%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • watchAdjusted NPL above 2% — Adjusted NPL 3.53% (govt-guarantees stripped).
  • watchNet charge-offs elevated — NCO YTD 2.25% of loans.

Reserves

WatchQoQ -25
44
Sub-score

Reserves are deteriorating: ALLL 1.85% of loans, coverage 53.5%, true coverage 51.3%.

ALLL / Loans
1.85%
Coverage
53.5%
True Loss Coverage
51.3%
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