First National Bank of 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 Cash and balances due from depository institutions: 130.9% higher than in Q1 2026, at $30.1M. On loan-to-deposit ratio, First National Bank of Michigan ranks 6th highest among the 72 banks headquartered in Michigan, at 102.37% (Q2 2026). First National Bank of Michigan reported 102.37% on loan-to-deposit ratio for Q2 2026, 21.53 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 | $30.1M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $130.2M |
| 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 | $81.0M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 8.19% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 102.37% |
| Net loans and leases to deposits | 100.89% |
| Loans and leases to core deposits | 112.30% |
| Core deposits to total deposits | 68.69% |
| Brokered deposits to total deposits | 22.47% |
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 | 86.49% | 71.19% | $0 | $100.0M |
| Q4 2023 | 91.59% | 70.22% | $0 | $120.0M |
| Q1 2024 | 91.38% | 71.21% | $0 | $130.0M |
| Q2 2024 | 98.10% | 70.59% | $0 | $139.0M |
| Q3 2024 | 96.44% | 72.05% | $0 | $117.0M |
| Q4 2024 | 93.00% | 68.82% | $0 | $80.0M |
| Q1 2025 | 97.87% | 69.93% | $0 | $100.0M |
| Q2 2025 | 99.84% | 70.48% | $0 | $110.0M |
| Q3 2025 | 100.83% | 71.73% | $0 | $100.0M |
| Q4 2025 | 105.27% | 72.82% | $0 | $117.5M |
| Q1 2026 | 108.53% | 72.53% | $0 | $124.0M |
| Q2 2026 | 102.37% | 68.69% | $0 | $81.0M |
First National Bank of Michigan liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock First National Bank of 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 National Bank of Michigan profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58259) · FFIEC NIC profile (RSSD 3404467)