Vitals
  • Total Assets
    69.0M -5.1 %
  • Total Deposits
    61.7M -6.3 %
  • Total Net Loans
    34.1M -14.7 %
  • Net Income
    163000.0000 167.2 %
  • Book Value
    7.1M 5.4 %
  • Book Value x2
    14.3M 5.4 %
  • Book Value x3
    21.4M 5.4 %
ROAA

.462

ROAE

4.682

Efficiency Ratio

82.432

Net Interest Margin

3.753

Balance Sheet Highlights
Financial Highlights Bank Of Alpena All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 69,046 270,023
Total Net Loans 34,073 176,929
Total Deposits 61,689 228,177
Total Equity 7,131 28,829
Profitability
Net Income 163 1,210
Return on Average Assets .462 .719
Return on Average Equity 4.682 6.941
Net Interest Margin 3.753 3.806
Efficiency Ratio 82.432 75.605
Noninterest Income/Revenue 10.361 19.922
Balance Sheet Ratios
Loan-to-Deposit 55.234 74.581
Securities/Assets .331 .192
Total Equity/Total Assets .103 .107
Tangible Equity/Tangible Assets .103 .104
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 7,147 27,152
Tier 2 Capital 427 2,218
Total Capital 7,574 29,357
Total Risk Weighted Assets 33,911 186,758
Leverage Ratio 10.28 10.529
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 21.08 16.343
Total Capital Ratio 22.33 17.527

Timeline for Bank Of Alpena

First Federal Of Northern Michigan

Bank Of Alpena was acquired by First Federal Of Northern Michigan 9 years

View Profile Aug 09 2014

Bank Of Alpena

Bank Of Alpena was established 23 years ago and is currently headquartered in Alpena, MI.

Mar 26 2001

Alpena Banking Corporation

Alpena Banking Corporation became a new parent organization for Bank Of Alpena.

View Profile Mar 26 2001
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Federal Of Northern Michigan Buyer 329,223 Acquisition Discontinued 8/9/2014
Relationships Role Relationship Start Relationship End
Alpena Banking Corporation Parent 3/26/2001 8/8/2014
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