Vitals
  • Total Assets
    253.1M 4.0 %
  • Total Deposits
    216.0M -1.6 %
  • Total Net Loans
    165.1M 1.9 %
  • Net Income
    2.3M 28.0 %
  • Book Value
    33.8M 59.0 %
  • Book Value x2
    67.6M 59.0 %
  • Book Value x3
    101.3M 59.0 %
ROAA

1.131

ROAE

9.064

Efficiency Ratio

70.083

Net Interest Margin

4.658

Balance Sheet Highlights
Financial Highlights Northern Michigan Bank & Trust All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets
Total Net Loans
Total Deposits
Total Equity
Profitability
Net Income
Return on Average Assets
Return on Average Equity
Net Interest Margin
Efficiency Ratio
Noninterest Income/Revenue
Balance Sheet Ratios
Loan-to-Deposit
Securities/Assets
Total Equity/Total Assets
Tangible Equity/Tangible Assets .076
Capital Adequacy
Tier 1 Common Capital
Tier 1 Capital
Tier 2 Capital
Total Capital
Total Risk Weighted Assets
Leverage Ratio
Common Equity Tier 1 Capital Ratio
Tier 1 Capital Ratio
Total Capital Ratio

Timeline for Northern Michigan Bank & Trust

First Bancshares Corporation

First Bancshares Corporation became a new parent organization for Northern Michigan Bank & Trust.

View Profile Mar 01 2016

Northern Michigan Service Corporation

Northern Michigan Service Corporation became a new subsidiary organization for Northern Michigan Bank & Trust.

View Profile Aug 15 1987

Northern Michigan Bank & Trust

Northern Michigan Bank & Trust was established 38 years ago and is currently headquartered in Escanaba, MI.

Jan 08 1986

Northern Michigan Bank Of Kingsford

Acquisition: Northern Michigan Bank & Trust acquired a new subsidiary, Northern Michigan Bank Of Kingsford, 38 years

View Profile Dec 31 1985

Northern Michigan Bank Of Marquette

Acquisition: Northern Michigan Bank & Trust acquired a new subsidiary, Northern Michigan Bank Of Marquette, 38 years

View Profile Dec 31 1985

Want to see more?

Complete timeline for Northern Michigan Bank & Trust is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Northern Michigan Bank Of Kingsford Seller 9,384 Discontinued 12/31/1985
Northern Michigan Bank Of Marquette Seller 10,502 Discontinued 12/31/1985
Escanaba National Bank Seller Discontinued 2/14/1967
Relationships Role Relationship Start Relationship End
First Bancshares Corporation Parent 3/1/2016
Northern Michigan Corporation Parent 3/1/1991 2/29/2016
Northern Michigan Corporation Parent 12/31/1985 2/28/1991
Northern Michigan Corporation Parent 12/31/1974 12/30/1985
Northern Michigan Corporation Parent 12/31/1972 12/30/1974
Northern Michigan Corporation Parent 11/2/1971 12/30/1972
Northern Michigan Service Corporation Subsidary 6/30/2007 2/29/2016
Northern Michigan Service Corporation Subsidary 8/15/1987 6/29/2007
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