First National Bank of 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.
The standout move of Q2 2026 was in Reserve coverage of non-performing loans: 8.64 percentage points higher than in Q1 2026, at 148.40%. Within Michigan, First National Bank of Michigan is 45th of 72 on return on assets, 1.05% as of Q2 2026, below the middle of the field. First National Bank of Michigan reported 1.05% on return on assets for Q2 2026, 0.20 points below the 1.25% median for banks in the $100M-1B asset tier.
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 10.96% |
| Tier 1 risk-based capital ratio | 10.96% |
| Total risk-based capital ratio | 12.21% |
| Tier 1 leverage ratio | 9.54% |
| Equity capital to assets | 9.11% |
| Tangible equity to tangible assets | 9.11% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 0.97% |
| Non-performing assets ratio | 0.81% |
| Net charge-off ratio | -0.00% |
| Texas ratio | 7.87% |
| Allowance for credit losses to loans | 1.44% |
| Reserve coverage of non-performing loans | 148.40% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 1.05% |
| Return on equity | 11.45% |
| Net interest margin | 3.39% |
| Efficiency ratio | 57.70% |
| Yield on earning assets | 5.57% |
| Cost of funds | 2.44% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 102.37% |
| Core deposits to total deposits | 68.69% |
| Brokered deposits to total deposits | 22.47% |
| Deposits to assets | 81.63% |
| Securities to assets | 10.12% |
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 | 10.18% | 10.18% | 11.43% | 8.34% | 0.37% |
| Q4 2023 | 10.10% | 10.10% | 11.35% | 8.48% | 0.45% |
| Q1 2024 | 10.25% | 10.25% | 11.50% | 8.28% | 0.54% |
| Q2 2024 | 10.30% | 10.30% | 11.55% | 8.67% | 0.67% |
| Q3 2024 | 10.84% | 10.84% | 12.09% | 8.85% | 0.42% |
| Q4 2024 | 10.71% | 10.71% | 11.96% | 8.99% | 0.61% |
| Q1 2025 | 10.85% | 10.85% | 12.10% | 9.16% | 0.65% |
| Q2 2025 | 10.88% | 10.88% | 12.13% | 9.26% | 0.69% |
| Q3 2025 | 10.95% | 10.95% | 12.21% | 9.29% | 0.91% |
| Q4 2025 | 10.83% | 10.83% | 12.09% | 9.35% | 0.81% |
| Q1 2026 | 10.94% | 10.94% | 12.19% | 9.43% | 0.92% |
| Q2 2026 | 10.96% | 10.96% | 12.21% | 9.54% | 1.05% |
First National Bank of Michigan vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock First National Bank of 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 National Bank of Michigan profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58259) · FFIEC NIC profile (RSSD 3404467)