First Bank, Upper Michigan: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
The standout move of Q2 2026 was in Loans and leases to core deposits: 2.04 percentage points higher than in Q1 2026, at 96.17%. Within Michigan, First Bank, Upper Michigan is 36th of 72 on loan-to-deposit ratio, 85.40% as of Q2 2026, above the middle of the field. First Bank, Upper Michigan reported 85.40% on loan-to-deposit ratio for Q2 2026, 4.57 points above the 80.84% median for banks in the $100M-1B asset tier.
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $31.9M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $133.6M |
| Fed funds sold and reverse repos | $0 |
| Fed funds sold and reverse repos to assets | 0.00% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $10.0M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 1.59% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 85.40% |
| Net loans and leases to deposits | 84.43% |
| Loans and leases to core deposits | 96.17% |
| Core deposits to total deposits | 88.80% |
| Brokered deposits to total deposits | 0.00% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 81.99% | 89.68% | $0 | $24.9M |
| Q4 2023 | 83.35% | 88.91% | $2.6M | $24.9M |
| Q1 2024 | 83.40% | 86.27% | $0 | $30.4M |
| Q2 2024 | 85.31% | 87.43% | $0 | $30.4M |
| Q3 2024 | 83.06% | 87.03% | $0 | $24.5M |
| Q4 2024 | 82.34% | 87.15% | $0 | $24.5M |
| Q1 2025 | 83.20% | 88.68% | $0 | $20.0M |
| Q2 2025 | 84.70% | 88.87% | $0 | $20.0M |
| Q3 2025 | 82.33% | 88.97% | $0 | $20.0M |
| Q4 2025 | 85.01% | 88.70% | $0 | $20.0M |
| Q1 2026 | 83.78% | 89.00% | $0 | $10.0M |
| Q2 2026 | 85.40% | 88.80% | $0 | $10.0M |
First Bank, Upper Michigan liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock First Bank, Upper Michigan, freeSource: Call Report Schedules RC and RC-M, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First Bank, Upper Michigan profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 14276) · FFIEC NIC profile (RSSD 239556)