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 First Bank, Upper Michigan
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First Bank, Upper Michigan
| RSSD ID 239556 | CERTIFICATE 14276 | ABA NUMBER 91109994 |
| 1400 Delta Ave |
Quarter Ended : |
2026-03-31 |
| Gladstone, Michigan, 49837 |
Updated : |
2026-04-15 |
| 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 : |
121 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 632,092 |
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Total Interest Income | 8,473 |
| Total Liabilities | 549,162 |
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Total NonInterest Income | 1,896 |
| Total Bank Equity Capital | 82,930 |
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Total Interest Expense | 2,300 |
| Total Deposits | 532,142 |
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Total NonInterest Expense | 4,842 |
| Net Loans & Leases | 439,922 |
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Net Income | 3,078 |
| Loan Loss Allowance | 5,152 |
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Net Charge Offs | 13 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 84,225 |
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Total loans | 443,362 |
| Total assets for the leverage ratio | 626,880 |
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Loans secured by real estate: | 280,328 |
| Tier 1 Leverage Ratio | 12.59 |
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Commercial and industrial loans | 73,899 |
| Tier 1 Capital Ratio | 16.11 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 17.18 |
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Loans to individuals - Other | 46,114 |
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:· First Bank, Upper Michigan
