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 First Bank, Upper Michigan
First Bank, Upper Michigan
| RSSD ID 239556 | CERTIFICATE 14276 | ABA NUMBER 91109994 |
| 1400 Delta Ave |
Quarter Ended : |
2025-12-31 |
| Gladstone, Michigan, 49837 |
Updated : |
2026-01-13 |
| www.first-bank.com |
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| Institution Profile |
| Year Opened : |
1916 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
120 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 632,867 |
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Total Interest Income | 33,059 |
| Total Liabilities | 550,909 |
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Total NonInterest Income | 7,351 |
| Total Bank Equity Capital | 81,958 |
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Total Interest Expense | 9,331 |
| Total Deposits | 524,445 |
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Total NonInterest Expense | 18,690 |
| Net Loans & Leases | 439,499 |
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Net Income | 11,794 |
| Loan Loss Allowance | 5,015 |
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Net Charge Offs | 528 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 82,568 |
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Total loans | 443,374 |
| Total assets for the leverage ratio | 636,608 |
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Loans secured by real estate: | 286,807 |
| Tier 1 Leverage Ratio | 12.16 |
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Commercial and industrial loans | 77,380 |
| Tier 1 Capital Ratio | 15.76 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.8 |
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Loans to individuals - Other | 47,908 |
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:· First Bank, Upper Michigan
