FIRST BANK, UPPER MICHIGAN

GLADSTONE, MI | Medium | Est. Aug. 14, 1916, midnight | FDIC #14276 | RSSD #239556 | FDIC
Latest Report: 2025-12-31

FIRST BANK, UPPER MICHIGAN is amn medium FDIC-insured commercial bank headquartered in GLADSTONE, MI, established in Aug. 14, 1916, midnight. As of 2025-12-31, the bank reported total assets of $633M and total deposits of $524M. Profitability stands at 2.09% ROA and 16.69% ROE, with a net interest margin of 4.25%. The bank's CET1 capital ratio is 15.76%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.39% and a Texas Ratio of 2.01%. FDIC Certificate #14276.

Assets

$633M

Deposits

$524M

Loans

$446M

Equity

$82M

Profitability

Return on Assets (ROA) 2.09%
Return on Equity (ROE) 16.69%
Net Interest Margin (NIM) 4.25%
Yield on Assets 5.90%
Cost of Funds 1.76%

Asset Quality

NPL Ratio 0.39%
Net Charge-Off Ratio 0.12%
Texas Ratio 2.01%
NPA Ratio 0.28%
ACL / Loans 1.12%

Capital & Liquidity

CET1 Ratio 15.76%
Tier 1 Capital 15.76%
Total Capital Ratio 16.80%
Leverage Ratio 12.16%
Loan-to-Deposit 85.01%

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