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BDI
BM

Bank Michigan

Brooklyn, MichiganFDIC Cert #1008

STATEEstablished 19073 branches

Holding company: BANK MICHIGAN FINANCIAL CORPRegulator: FED

FDICCERT + OFFDOM

Delinquency, loss & reserves

Credit

Early-stage delinquency, nonaccruals, realized loss, and allowance coverage from reported filings.

As of Q1 2026

Problem credits

Reported delinquent and nonperforming exposures, shown as balances and ratios.

30–89 %
0.40%
+10.2%y/y
Peer standing59th percentile
Peer standing in asset:100m_300m
FDICP3ASSET + LNLSGR
90+ %
0.00%
Peer standing40th percentile
Peer standing in asset:100m_300m
FDICP9ASSET + LNLSGR
Nonaccrual %
1.25%
−64.0%y/y
Peer standing18th percentile
Peer standing in asset:100m_300m
FDICNAASSET + LNLSGR
Noncurrent %
1.25%
−63.8%y/y
Peer standing24th percentile
Peer standing in asset:100m_300m
FDICP9ASSET + NAASSET + LNLSGR
NPA/assets
0.97%
−66.1%y/y
Peer standing21st percentile
Peer standing in asset:100m_300m
FDICP9ASSET + NAASSET + ORE + ASSET
NPA
$1.55M
−59.1%y/y
Peer standing25th percentile
Peer standing in asset:100m_300m
FDICP9ASSET + NAASSET + ORE

Loss & allowance

Recognized charge-offs and the allowance held against the loan portfolio.

NCO rate
−0.55%
−122.9%y/y
Peer standing99th percentile
Peer standing in asset:100m_300m
FDICNTLNLS + LNLSGR
NCO
−$156K
−125.9%y/y
Peer standing99th percentile
Peer standing in asset:100m_300m
FDICNTLNLS + DRLNLS + CRLNLS
ACL/loans
1.26%
−31.8%y/y
Percentile by value57th percentileby value
Peer standing in asset:100m_300m
FDICLNATRES + LNLSGR
30–89
$498K
+24.5%y/y
Peer standing57th percentile
Peer standing in asset:100m_300m
FDICP3ASSET
90+
$6K
Peer standing39th percentile
Peer standing in asset:100m_300m
FDICP9ASSET
Nonaccrual
$1.54M
−59.3%y/y
Peer standing17th percentile
Peer standing in asset:100m_300m
FDICNAASSET