MI BANK
BLOOMFIELD TOWNS, MICHIGAN · FDIC Cert #59138
Capital & Safety Analysis
According to FDIC financial data, MI BANK holds a Tier 1 capital ratio of 10.71%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MI BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
MI BANK shows strong financial health indicators. With $230M in assets and a Health Score of 70/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
MI BANK has a Bank Health Score of B (70/100). It holds a Tier 1 capital ratio of 10.71%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
MI BANK holds $230M in total assets and $206M in total deposits. It is located in BLOOMFIELD TOWNS, MICHIGAN (FDIC Certificate #59138).
MI BANK has a Tier 1 capital ratio of 10.71%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.14%, and the return on assets is 0.80%.
Yes. MI BANK is FDIC-insured (Certificate #59138). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.