# MI BANK
BLOOMFIELD TOWNS, MI · FDIC certificate 59138 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $245.5M | |
| Deposits | $220.9M | |
| Loans and leases | $209.3M | |
| Total equity | $22.8M | |
| Loans / deposits | 93.67% (p85 of band) | 73.59% |
| Liquid assets / assets | 14.04% (p9 of band) | |
| Uninsured deposits / deposits | 38.72% (p92 of band) | 19.81% |
| Brokered deposits | 18.63% | |
| Wholesale funding | 18.63% (p94 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.14% (p12 of band) | 11.76% |
| Unrealized securities loss / equity | -3.70% (p62 of band) | -6.57% |
| AOCI / equity | 0.01% (p86 of band) | |
| ROA (annualized) | 0.92% (p36 of band) | 1.17% |
| Net interest margin | 3.30% (p21 of band) | 3.93% |
| Efficiency ratio | 63.62% (p44 of band) | |
| Noncurrent loans | 0.19% (p40 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 589.42% | |
| Real estate % of loans | 55% | |
| Construction % of loans | 31.54% (p65 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $9.5M (41% of equity) (p100 of band) | |
| Deposits YoY | -3.3% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2019-06 | 6 | loans exceed deposits, uninsured deposits >50%, losing money, expense ratio p90, NIM <2.5%, loans-to-lenders >50% equity |  |
| 2019-09 | 6 |  |  |
| 2019-12 | 6 | capital falling | loans exceed deposits |
| 2020-03 | 5 |  | NIM <2.5% |
| 2020-06 | 7 | loans exceed deposits, run vulnerability |  |
| 2020-09 | 7 |  |  |
| 2020-12 | 6 |  | run vulnerability |
| 2021-03 | 3 |  | expense ratio p90, loans-to-lenders >50% equity, loans exceed deposits |
| 2021-06 | 3 |  |  |
| 2021-09 | 1 |  | losing money, capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | capital falling |  |
| 2022-06 | 1 |  | capital falling |
| 2022-09 | 2 | run vulnerability |  |
| 2022-12 | 3 | brokered >10%, wholesale funding >15%, capital falling | uninsured deposits >50%, run vulnerability |
| 2023-03 | 3 |  |  |
| 2023-06 | 4 | expense ratio p90 |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | capital falling |
| 2024-03 | 3 | uninsured deposits leaving | expense ratio p90 |
| 2024-06 | 3 |  |  |
| 2024-09 | 3 | capital falling | uninsured deposits leaving |
| 2024-12 | 2 |  | capital falling |
| 2025-03 | 3 | reserve under noncurrent |  |
| 2025-06 | 5 | losing money, noncurrent p90 |  |
| 2025-09 | 5 |  |  |
| 2025-12 | 4 | charge-offs p90 | reserve under noncurrent, noncurrent p90 |
| 2026-03 | 2 |  | losing money, charge-offs p90 |
| 2026-06 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-04-02 [Police searching for man who robbed MI Bank in Bloomfield Township - Audacy](https://news.google.com/rss/articles/CBMieEFVX3lxTE5ETExjUFpqT3ppWExiOGdpMDljYXBSLWRVN0Z4dDJiajRoT1Rqa2E1dzBWekhrd3otZUQtOTBBYk9YUld5ZWxOS090M01SOWVCbmpkMGtyUllsdUc2NjlSZ2FhZzM2a2hISU00NFJPaUs2RXV3bS1rag?oc=5) · Audacy
- 2026-04-06 [Bond set at $1M for Bloomfield Township bank robbery suspect, police say - clickondetroit.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQdGdwb3UwRkltcGx3SkxoNnhkZ0FQWmh1T01hREFXUmFlSXF4ckJXaGFCOHJ0ZGNiVjdHUWYyNjFCN21LU3p6UUFfdmc2MVR2Qnk1dHJPa2tFNUJKWmlKMmdqZHBQbmU1bEJQX3NUM0p2aDZVWUpoU19oSjF5YzRlZk80T3pmV1hBdGNoUHhYR2ZXVDJTWXB3Ujgyakx2cDFlSnA2RmJORExxcTRtZ1NmVVZ4bkRfTUNRRkdWVW9PN21ZUQ?oc=5) · clickondetroit.com
- 2026-04-07 [Detroit man used phone message to rob Bloomfield Township bank of $1,900, charges say - CBS News](https://news.google.com/rss/articles/CBMihgFBVV95cUxPdk9wWWh6WGNVN0FycGZKYkgyZ1FCNUJ2OW8yUjVpSXI1UlB3Z0IzZFE2ckJqV2U1RWNzWEtjZmMtYWZETTBrc2FFeGdUWWRPSFFDOHE2LVFyMzctMWItbTNHVFJJVVhaM0FsbDI3cXF5ZmpCTHh4S0hFcGhMZUtIOTJwNzBXZ9IBiwFBVV95cUxPNk5TSkRidzBMcTI2VV9wS1h5eHdKU0FFQXBwWHpiUmFzT0xNZXpMdUl1TzIzTzNsTzlDSGk4b0NzSjN2YVc3aTNIVktqMTFwSW1vclQ5TWh4VEdGQ2ZJalFLSTlaS0JEM0diZjViR2xGemRac0hOR3VxYlJFbmxINXB5OFp5U0lJeU40?oc=5) · CBS News
- 2026-04-02 [Police seek Bloomfield Township bank robbery suspect - The Detroit News](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNX2hMYmdKWTBSS1cyY09pZllzbFltU0VQd0Y1c002YVFTZm9OZGRpbS0tNEY5QkpZS2J1VGNMWDRoSzB0VW9fdHNRX2dJMVhRWHFMSnNwUUxxXzBTeTVVR0YzTmlfTktVS3lMamYyWlc0Y093ajE5TTFPcGhWX1hrSFFTcC1NMF9NZFJsWWVjR0VTM1ZSTUhFSnRsbk4xTTRPNmM1SXhRaU8xM3pfeGI1YlY0MjJfajcwcnBrY1V3MU41Zw?oc=5) · The Detroit News
- 2026-04-14 [Man charged with Bloomfield Township bank robbery - C & G Newspapers](https://news.google.com/rss/articles/CBMilAFBVV95cUxOQ2lFWjhGVG9LNlk3cV9CRjV3aXJXbGl3enpNQ1RXN1VIWFV5aFBfb3Blbi1HNDIxZmQtYjFtWFM1UjNKZk9fTnZXR3huTGF3MElnX2w4d2lOTkMyWnNEY280MEhQOGtYeEZIVTY1bTVpMWVZWTdITUhiYlVuUjJSNE1DY0hSYVZ3Y3dUeTBGbTN3REhU?oc=5) · C &amp; G Newspapers
- 2025-10-27 [New banking strategy focuses on the 313 to make small business loans in Detroit - Detroit Free Press](https://news.google.com/rss/articles/CBMiyAFBVV95cUxPaVVkanhETnJQTUR6VTdxcXR5ek1HUk9UZFBRZG5tZ3pwWmVpYXlTWlpjT3dHSlJVLXhsTlhtRUhROWJ0VGhhcmJGRnlJbGtXS1JzQ2JSU29vMXh4dG5Pbk04QnVNNlBuanZGOWlJS0J2TFdIQk5aaWhoUVp0T01XN2RnV3lsQlJKOHBJVUFpNEpLazItTUtQbnVBUjcwdnZJeDZDM3Z1ZEJKS0hzNkxKUWQ3SldsTzNwMkNiTWlkakd3aUo1X3BOcw?oc=5) · Detroit Free Press
- 2026-04-03 [Suspect nabbed in Bloomfield Township bank robbery - The Oakland Press](https://news.google.com/rss/articles/CBMimgFBVV95cUxNbkVIUGRZWk9mVWtaSTl4TmtiU1diNXc4TC1scGl3Q2NRN0h3TV9ndS1QSTk4Z21WSUkwRXZ5M2c1WlNJYVJyZzVZNFBkM2FWOU5jUE1KTWJMTUZKMWtxVXpKeEYxak9NRDgxOFRfWDNxUnlUNTM5UGx2d2tCUURCRTBLN1Q4U3I3Yk5MQnFsQzdiR3BwcjBqQUN3?oc=5) · The Oakland Press
- 2025-10-25 [Two OMP Residents to Launch New Bank – Grand Traverse State Bank - Old Mission Gazette](https://news.google.com/rss/articles/CBMif0FVX3lxTE5WZ3g3RnpmdjUtTzJIV0dOTUlNY3g4RkRPd0E4YjlXczRfRUx5U0g0MEoxYVFGdzgzXzJCQXRKT2hZczljUW9PV1AxTjYwdkV0VXZjekRiQnJ5a2dtQlZTNTJPRjEzLTV2ZWlUM290WGd6ajRsb1dQVzRQZWxPdWc?oc=5) · Old Mission Gazette

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59138 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/2.json (key "59138", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide