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 Mi Bank
Mi Bank
| RSSD ID 5332603 | CERTIFICATE 59138 | ABA NUMBER 72414488 |
| 3707 W Maple Rd |
Quarter Ended : |
2025-03-31 |
| Bloomfield Township, Michigan, 48301 |
Updated : |
2025-04-27 |
| www.mi.bank |
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| Institution Profile |
| Year Opened : |
2019 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
19 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 261,032 |
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Total Interest Income | 3,763 |
| Total Liabilities | 239,032 |
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Total NonInterest Income | 40 |
| Total Bank Equity Capital | 22,000 |
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Total Interest Expense | 1,915 |
| Total Deposits | 236,996 |
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Total NonInterest Expense | 1,332 |
| Net Loans & Leases | 190,873 |
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Net Income | 132 |
| Loan Loss Allowance | 2,720 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 24,825 |
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Total loans | 155,755 |
| Total assets for the leverage ratio | 276,548 |
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Loans secured by real estate: | 101,206 |
| Tier 1 Leverage Ratio | 8.03 |
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Commercial and industrial loans | 53,936 |
| Tier 1 Capital Ratio | 10.61 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.87 |
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Loans to individuals - Other | 0 |
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:· Mi Bank
