First Bank, Upper Michigan: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
Reserve coverage of non-performing loans climbed 44.50 percentage points in Q2 2026, from 136.69% to 181.20%. It was the largest change from Q1 2026 among the key lines here. Among 72 Michigan banks, First Bank, Upper Michigan sits 5th from the top on return on assets, 2.10% as of Q2 2026. Against a median of 1.25% for banks in the $100M-1B asset tier, First Bank, Upper Michigan reported 2.10% on return on assets in Q2 2026, 0.85 points higher.
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 15.96% |
| Tier 1 risk-based capital ratio | 15.96% |
| Total risk-based capital ratio | 17.02% |
| Tier 1 leverage ratio | 12.68% |
| Equity capital to assets | 13.26% |
| Tangible equity to tangible assets | 11.90% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 0.63% |
| Non-performing assets ratio | 0.46% |
| Net charge-off ratio | 0.14% |
| Texas ratio | 4.90% |
| Allowance for credit losses to loans | 1.14% |
| Reserve coverage of non-performing loans | 181.20% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 2.10% |
| Return on equity | 16.04% |
| Net interest margin | 4.37% |
| Efficiency ratio | 57.72% |
| Yield on earning assets | 5.95% |
| Cost of funds | 1.71% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 85.40% |
| Core deposits to total deposits | 88.80% |
| Brokered deposits to total deposits | 0.00% |
| Deposits to assets | 83.93% |
| Securities to assets | 16.17% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 13.76% | 13.76% | 15.01% | 10.68% | 1.43% |
| Q4 2023 | 14.02% | 14.02% | 15.20% | 10.99% | 1.35% |
| Q1 2024 | 14.07% | 14.07% | 15.27% | 11.09% | 1.13% |
| Q2 2024 | 14.00% | 14.00% | 15.19% | 11.03% | 1.37% |
| Q3 2024 | 14.22% | 14.22% | 15.30% | 11.12% | 1.73% |
| Q4 2024 | 14.93% | 14.93% | 16.00% | 11.56% | 1.78% |
| Q1 2025 | 15.18% | 15.18% | 16.25% | 11.87% | 1.66% |
| Q2 2025 | 14.98% | 14.98% | 16.05% | 11.93% | 1.79% |
| Q3 2025 | 15.11% | 15.11% | 16.20% | 11.85% | 1.96% |
| Q4 2025 | 15.76% | 15.76% | 16.80% | 12.16% | 2.06% |
| Q1 2026 | 16.11% | 16.11% | 17.18% | 12.59% | 1.93% |
| Q2 2026 | 15.96% | 15.96% | 17.02% | 12.68% | 2.10% |
First Bank, Upper Michigan vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock First Bank, Upper Michigan, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, 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)