|
 |
|
|
Filing updates from : 2025-03-17
Reporting Period - quarter ended : 2024-12-31
|
Report
|
Label
|
Original Value
|
Updated Value
|
|
(USD, in thousands) |
|
RC
|
Other assets (from Schedule RC-F) |
3,107 |
1,493 |
|
RC
|
Total assets |
133,735 |
132,121 |
|
RC
|
Retained earnings |
(7,910) |
(9,462) |
|
RC
|
Accumulated other comprehensive income******** |
(235) |
(297) |
|
RC
|
Total bank equity capital |
10,533 |
8,919 |
|
RC
|
Total equity capital |
10,533 |
8,919 |
|
RC
|
Total liabilities and equity capital |
133,735 |
132,121 |
|
RCF
|
Net deferred tax assets** |
1,615 |
0 |
|
RCF
|
All other assets (itemize and describe amounts greater than $100,000 that exceed 25 percent of this item) |
400 |
401 |
|
RCF
|
Total |
3,107 |
1,493 |
|
RCK
|
Total assets***** |
129,315 |
129,297 |
|
RCO
|
Average consolidated total assets for the calendar quarter |
129,315 |
129,297 |
|
RCO
|
Average tangible equity for the calendar quarter |
9,154 |
9,216 |
|
RCR
|
Retained earnings |
(7,910) |
(9,462) |
|
RCR
|
Accumulated other comprehensive income (AOCI) |
(235) |
(297) |
|
RCR
|
Common equity tier 1 capital before adjustments and deductions |
10,533 |
8,919 |
|
RCR
|
LESS:Deferred tax assets (DTAs) that arise from net operating loss and tax credit carryforwards, net of any related valuation allowances and net of DTLs |
1,615 |
0 |
|
RCR
|
LESS: Net unrealized gains (losses) on available-for-sale securities (if a gain, report as a positive value: if a loss, report as a negative value) |
(235) |
(297) |
|
RCR
|
Subtotal (Non-advanced Approaches Institutions) |
9,153 |
9,216 |
|
RCR
|
Common equity tier 1 capital (Non-advanced Approaches Institutions) |
9,153 |
9,216 |
|
RCR
|
Tier 1 capital |
9,153 |
9,216 |
|
RCR
|
Average total consolidated assets |
129,315 |
129,297 |
|
RCR
|
LESS: Deductions from common equity tier 1 capital and additional tier 1 capital |
1,615 |
0 |
|
RCR
|
Total assets for the leverage ratio |
127,700 |
129,297 |
|
RCR
|
Leverage ratio |
7.17 |
7.13 |
|
RCR
|
Total capital |
10,461 |
10,524 |
|
RCR
|
Total risk-weighted assets (from Schedule RC-R, Part II, item 31) |
103,356 |
103,357 |
|
RCR
|
Common equity tier 1 capital ratio |
8.86 |
8.92 |
|
RCR
|
Tier1 capital ratio |
8.86 |
8.92 |
|
RCR
|
Total capital ratio |
10.12 |
10.18 |
|
RCR
|
Capital conservation buffer |
2.12 |
2.18 |
|
RCR
|
Eligible retained income |
(455) |
(843) |
|
RCR
|
All other assets (Totals From Schedule RC) |
6,219 |
4,605 |
|
RCR
|
All other assets (Adjustments to Totals) |
1,615 |
0 |
|
RCR
|
All other assets (100%) |
3,920 |
3,921 |
|
RCR
|
Total balance sheet assets (Totals From Schedule RC) |
133,735 |
132,121 |
|
RCR
|
Total balance sheet assets (Adjustments to Totals) |
(1,264) |
(2,879) |
|
RCR
|
Total balance sheet assets (100%) |
90,230 |
90,231 |
|
RCR
|
Total assets, derivatives, off-balance sheet items, and other items subject to risk weighting by risk-weight category (100%) |
90,999 |
91,000 |
|
RCR
|
Risk-weighted assets by risk-weight category (100%) |
90,999 |
91,000 |
|
RCR
|
Risk-weighted assets base for purposes of calculating the allowance for loan and lease losses 1.25 percent threshold |
104,659 |
104,660 |
|
RCR
|
Risk-weighted assets before deductions for excess allowance of loan and lease losses and allocated risk transfer risk reserve |
104,659 |
104,660 |
|
RCR
|
Total risk-weighted assets |
103,356 |
103,357 |
|
RI
|
Applicable income taxes |
(478) |
1,074 |
|
RI
|
Income (loss) before discontinued operations |
(1,818) |
(3,370) |
|
RI
|
Net income (loss) attributable to bank and noncontrolling (minority) interests |
(1,818) |
(3,370) |
|
RI
|
Net income (loss) attributable to bank |
(1,818) |
(3,370) |
|
RIA
|
Net income (loss) attributable to bank |
(1,818) |
(3,370) |
|
RIA
|
Other comprehensive income ** |
63 |
1 |
|
RIA
|
Total bank equity capital end of current period |
10,533 |
8,919 |
|
|
:· bank filing updates :· bank michigan 
