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FIXnotes

TBA

CU

TRAVERSE CITY, MI

Total Assets
$390M
—
Total Loans
$263M
—
TBA in MI reported a 3.7% Texas Ratio in Q2 2026, declining -5.1pp from the prior quarter. Nonperforming assets fell to 0.42%, a -1.22pp decrease sequentially.

Portfolio composition

CategoryBalance% of totalNPL %Charge-off %
1-4 family — 1st lien$64M24.3%——
1-4 family — junior lien$27M10.2%——
Multifamily$4M1.6%——
FOUNDATION Consumer Auto New — Unlock to view
FOUNDATION Consumer Auto Used — Unlock to view
FOUNDATION Consumer Credit Card — Unlock to view
FOUNDATION Consumer Other Unsecured — Unlock to view
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20-quarter trend panels

See how Texas Ratio, NPL %, and charge-offs evolved across the last 5 years.

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Peer cohort comparison

Benchmark against banks in the same size and geography cohort.

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Full portfolio composition

Every loan category, NPL ratio, and charge-off rate — beyond the top 3.

Michigan mortgage-note market & lender distress →