Mi Bank (FDIC certificate #59138) is based in Bloomfield Township, Michigan. Its Q2 2026 call report shows $245.5M in total assets and $220.9M in deposits and 1 office.
Based on its Q2 2026 filing, Mi Bank scores 63/100, which we describe as moderate. That is higher than only 24% of 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 46th. Its strongest component is problem-loan coverage (97/100; 1.6%), and its lowest is funding & liquidity (40/100; 94% loans-to-deposits, 39% uninsured).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 36 points (27 → 63), mostly because the loan quality component improved by 74 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 64 |
| Q3 2024 | 62 |
| Q4 2024 | 60 |
| Q1 2025 | 42 |
| Q2 2025 | 27 |
| Q3 2025 | 27 |
| Q4 2025 | 49 |
| Q1 2026 | 62 |
| Q2 2026 | 63 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.16% |
| Q3 2024 | 8.58% |
| Q4 2024 | 8.66% |
| Q1 2025 | 8.03% |
| Q2 2025 | 8.16% |
| Q3 2025 | 7.75% |
| Q4 2025 | 7.96% |
| Q1 2026 | 8.49% |
| Q2 2026 | 9.14% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.14% |
| Q3 2024 | 0.13% |
| Q4 2024 | 0.12% |
| Q1 2025 | 1.62% |
| Q2 2025 | 2.39% |
| Q3 2025 | 2.41% |
| Q4 2025 | 0.21% |
| Q1 2026 | 0.21% |
| Q2 2026 | 0.19% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.63% |
| Q3 2024 | 0.67% |
| Q4 2024 | 0.53% |
| Q1 2025 | 0.20% |
| Q2 2025 | -0.74% |
| Q3 2025 | -0.32% |
| Q4 2025 | -0.64% |
| Q1 2026 | 0.97% |
| Q2 2026 | 0.92% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 63 | $245.5M | 9.14% | 0.19% | 0.92% | 93.7% |
| Q1 2026 | 62 | $256.9M | 8.49% | 0.21% | 0.97% | 84.1% |
| Q4 2025 | 49 | $292.6M | 7.96% | 0.21% | -0.64% | 74.7% |
| Q3 2025 | 27 | $244.2M | 7.75% | 2.41% | -0.32% | 92.0% |
| Q2 2025 | 27 | $251.4M | 8.16% | 2.39% | -0.74% | 90.0% |
| Q1 2025 | 42 | $261.0M | 8.03% | 1.62% | 0.20% | 80.5% |
| Q4 2024 | 60 | $275.8M | 8.66% | 0.12% | 0.53% | 80.9% |
| Q3 2024 | 62 | $239.7M | 8.58% | 0.13% | 0.67% | 91.3% |
| Q2 2024 | 64 | $229.7M | 9.16% | 0.14% | 0.63% | 89.8% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Michigan
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Charlevoix State BankBank Charlevoix, MI | 84 out of 100, Strong | $248.3M | 10.4% | 0.22% | vs |
| Capitol National BankBank Lansing, MI | 75 out of 100, Strong | $209.3M | 16.7% | 1.49% | vs |
| Huron Valley State BankBank Milford, MI | 53 out of 100, Below average | $291.9M | 10.0% | 1.70% | vs |
| Northern Interstate Bank, N. A.Bank Norway, MI | 65 out of 100, Moderate | $193.5M | 9.4% | 0.75% | vs |
| Peoples State Bank of MunisingBank Munising, MI | 48 out of 100, Below average | $190.4M | 12.7% | 3.39% | vs |
| Dearborn Federal Savings BankBank Dearborn, MI | 72 out of 100, Strong | $306.6M | 25.9% | 0.64% | vs |
Deposit insurance
Is my money safe at Mi Bank?
Yes. Mi Bank is an FDIC-insured institution (FDIC certificate #59138). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 38.7% of deposits ($85.5M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 9.14%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 11.24% (benchmark: 10%).
1 location
Branches
Mi Bank lists 1 office in 1 city. Most locations:
- Bloomfield Township, MI (1)
Identity & history
Profile
- Legal name
- Mi Bank
- Type
- State-chartered bank
- FDIC certificate #
- 59138
- RSSD ID
- 5332603
- Primary regulator
- FDIC
- Holding company
- Mi Bcorp Inc
- Established
- April 15, 2019
- Headquarters
- 3707 W Maple Rd, Bloomfield Township, MI 48301
- Website
- www.mi.bank
- Employees
- 20
Quick answers
Mi Bank: common questions
Is Mi Bank FDIC insured?
Yes. Mi Bank is an FDIC-insured institution (FDIC certificate #59138). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Mi Bank's TellerScore?
63 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Mi Bank ever failed?
There is no failure record for FDIC certificate #59138 in the FDIC failed bank list.
How many branches does Mi Bank have?
1 office as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Bloomfield Township
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| JPMorgan Chase Bank, DearbornBank Dearborn, MI | 94 out of 100, Very strong | $71.5M | 99.6% | 0.00% | vs |
| I.M. Detroit District Credit UnionCredit union Detroit, MI | 93 out of 100, Very strong | $1.9M | 28.1% | 0.00% | vs |
| The Local Credit UnionCredit union Sterling Height, MI | 92 out of 100, Very strong | $106.6M | 16.1% | 0.26% | vs |
| Electrical Workers Local 58 Credit UnionCredit union Detroit, MI | 90 out of 100, Very strong | $21.4M | 12.2% | 0.09% | vs |
| Jessop Community Federal Credit UnionCredit union Washington, PA | 87 out of 100, Very strong | $34.1M | 13.8% | 0.38% | vs |
| Cha-Tel Federal Credit UnionCredit union Charleston, WV | 86 out of 100, Very strong | $11.5M | 13.6% | 0.04% | vs |