Vitals
  • Total Assets
    154.9M -26.5 %
  • Total Deposits
    124.0M -24.6 %
  • Total Net Loans
    97.0M -31.5 %
  • Net Income
  • Book Value
    8.2M -34.5 %
  • Book Value x2
    16.5M -34.5 %
  • Book Value x3
    24.7M -34.5 %
ROAA

ROAE

Efficiency Ratio

93.583

Net Interest Margin

3.138

Balance Sheet Highlights
Financial Highlights First National Bank Of Gaylord All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 154,904 220,599
Total Net Loans 97,022 168,345
Total Deposits 123,970 175,755
Total Equity 8,241 21,510
Profitability
Net Income — 6,714
Return on Average Assets — 1.279
Return on Average Equity — 10.923
Net Interest Margin 3.138 4.111
Efficiency Ratio 93.583 65.538
Noninterest Income/Revenue 11.964 15.175
Balance Sheet Ratios
Loan-to-Deposit 78.263 89.905
Securities/Assets .171 1.082
Total Equity/Total Assets .053 .098
Tangible Equity/Tangible Assets .047 -.47
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 8,338 20,139
Tier 2 Capital 1,316 2,152
Total Capital 9,654 22,084
Total Risk Weighted Assets 100,040 163,460
Leverage Ratio 5.37 9.733
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 8.34 13.569
Total Capital Ratio 9.65 14.791

Timeline for First National Bank Of Gaylord

Independent Bank

First National Bank Of Gaylord was acquired by Independent Bank 19 years

View Profile Jul 01 2004

Michigan Bankers Title Of Northern Michigan, L.L.C.

Michigan Bankers Title Of Northern Michigan, L.L.C. became a new subsidiary organization for First National Bank Of Gaylord.

View Profile Apr 01 1998

Eagle Investments International, Inc.

Eagle Investments International, Inc. became a new subsidiary organization for First National Bank Of Gaylord.

View Profile Dec 16 1997

First Of Gaylord Financial Services, Inc.

First Of Gaylord Financial Services, Inc. became a new subsidiary organization for First National Bank Of Gaylord.

View Profile Oct 23 1997

North Bancorp, Inc.

North Bancorp, Inc. became a new parent organization for First National Bank Of Gaylord.

View Profile Mar 08 1991

Want to see more?

Complete timeline for First National Bank Of Gaylord is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Independent Bank Buyer 2,526,827 Acquisition Discontinued 7/1/2004
Relationships Role Relationship Start Relationship End
North Bancorp, Inc. Parent 3/8/1991 6/30/2004
First Of Gaylord Financial Services, Inc. Subsidary 10/23/1997 6/30/2004
Michigan Bankers Title Of Northern Michigan, L.L.C. Subsidary 4/1/1998 8/31/2001
Eagle Investments International, Inc. Subsidary 12/16/1997 4/20/1998
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