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The Bank of Northern Michigan, Financial Information

AboutThe Bank of Northern Michigan

 Address:
406 Bay Street
Petoskey,MI
Emmet County,Michigan
 Established:
Jan 2000
 Number of domestic offices:
3
Total assets$343M
Net income$3M
Net income,quarterly$1M
Total deposits$290M
Domestic deposits$290M
Equity capital$33M
ROA0.77%
ROAQ,quarterly0.9%
ROA,pretax0.9%
ROAQ,quarterly,pretax0.97%
ROE8.68%
ROEQ,quarterly10.0%
UpdatedApr 11, 2013

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.

Historical Data