Bank Michigan (FDIC #1008): Bank Stress & Real-Estate Credit Exposure

Bank Michigan (FDIC Cert #1008): bank stress 74/100, elevated, STABLE over 7 days; parent BANK MICHIGAN FINANCIAL CORP.

Bank Michigan (#1008) lends in 3 counties across 1 state; Bank Michigan (#1008) reaches 70 ZIP codes: Michigan 3 counties, 70 ZIPs.

Bank Michigan (#1008) largest markets: Jackson County, MI (29 branches, 29 ZIPs) (#1008), Washtenaw County, MI (27 branches, 27 ZIPs) (#1008), Lenawee County, MI (23 branches, 23 ZIPs) (#1008).

Bank Michigan (#1008) reports $176.0 million in total assets; Bank Michigan (#1008) equity $19.4 million (11.0% of Bank Michigan (#1008) assets); Bank Michigan (#1008) domestic deposits $144.9 million; Bank Michigan (#1008) net income $547,000; Bank Michigan (#1008) return on assets 0.67%; Bank Michigan (#1008) return on equity 5.73%; Bank Michigan (#1008) net interest income $3.4 million; Bank Michigan (#1008) call report June 30, 2026.

Bank Michigan (#1008) noncurrent real-estate loans: none reported; Bank Michigan (#1008) net charge-offs on real estate 0.45%; Bank Michigan (#1008) residential charge-offs 0.10%.

Bank Michigan (#1008) net interest margin 4.56% against an eight-quarter Bank Michigan (#1008) average of 4.76% (Bank Michigan (#1008) compression 0.20 points); Bank Michigan (#1008) non-residential real estate 9.5% of equity; Bank Michigan (#1008) rate-exposure score 40/100, Bank Michigan (#1008) fixed-rate trap 40/100; Bank Michigan (#1008) risk type credit driven; Bank Michigan (#1008) rate regime rates elevated, Bank Michigan (#1008) snapshot October 20, 2026.

Bank Michigan (#1008) stress score moved from 73 on June 22, 2026 to 73.5 on October 20, 2026; Bank Michigan (#1008) ranged 73 to 73.5 over 117 snapshots.

Bank Michigan (#1008) alerts: 3 counties; top Bank Michigan (#1008) alert scores: Ann Arbor County, MI 25 (low); Brooklyn County, MI 25 (low); Onsted County, MI 25 (low).