mBank, Financial Information

About mBank

 Address:
130 South Cedar Street
Manistique, MI
Schoolcraft County, Michigan
 Established:
Oct 1934
 Number of domestic offices:
30
Total assets$1,500M
Net income$15M
Net income, quarterly$4M
Total deposits$1,263M
Domestic deposits$1,263M
Equity capital$161M
ROA1.04%
ROAQ, quarterly1.07%
ROA, pretax1.07%
ROAQ, quarterly, pretax1.35%
ROE9.48%
ROEQ, quarterly10.02%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.