Northern Michigan Bank & Trust
Escanaba, MI — Non-member Bank
-
Total Assets253.1M 4.0 %
-
Total Deposits216.0M -1.6 %
-
Total Net Loans165.1M 1.9 %
-
Net Income2.3M 28.0 %
-
Book Value33.8M 59.0 %
-
Book Value x267.6M 59.0 %
-
Book Value x3101.3M 59.0 %
Financial Highlights | Northern Michigan Bank & Trust | All Insured Commercial Banks in Michigan |
Balance Sheet $(000) | ||
Total Assets | 253,066 | 330,697 |
Total Net Loans | 165,148 | 227,599 |
Total Deposits | 215,972 | 278,247 |
Total Equity | 33,776 | 33,935 |
Profitability | ||
Net Income | 2,339 | 3,589 |
Return on Average Assets | 1.131 | .954 |
Return on Average Equity | 9.064 | 8.772 |
Net Interest Margin | 4.658 | 3.821 |
Efficiency Ratio | 70.083 | 71.925 |
Noninterest Income/Revenue | 20.92 | 24.061 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 76.467 | 76.845 |
Securities/Assets | .172 | .16 |
Total Equity/Total Assets | .133 | .103 |
Tangible Equity/Tangible Assets | .076 | .098 |
Capital Adequacy | ||
Tier 1 Common Capital | 22,628 | 32,553 |
Tier 1 Capital | 22,628 | 32,664 |
Tier 2 Capital | 464 | 2,479 |
Total Capital | 23,092 | 35,133 |
Total Risk Weighted Assets | 185,884 | 242,208 |
Leverage Ratio | 9.55 | 10.341 |
Common Equity Tier 1 Capital Ratio | 12.17 | 15.339 |
Tier 1 Capital Ratio | 12.17 | 15.393 |
Total Capital Ratio | 12.42 | 16.423 |
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 2016Northern Michigan Service Corporation
Northern Michigan Service Corporation became a new subsidiary organization for Northern Michigan Bank & Trust.
View Profile Aug 15 1987Northern Michigan Bank & Trust
Northern Michigan Bank & Trust was established 38 years ago and is currently headquartered in Escanaba, MI.
Jan 08 1986Northern Michigan Bank Of Kingsford
Acquisition: Northern Michigan Bank & Trust acquired a new subsidiary, Northern Michigan Bank Of Kingsford, 38 years
View Profile Dec 31 1985Northern Michigan Bank Of Marquette
Acquisition: Northern Michigan Bank & Trust acquired a new subsidiary, Northern Michigan Bank Of Marquette, 38 years
View Profile Dec 31 1985Want to see more?
Complete timeline for Northern Michigan Bank & Trust is available.
View Complete TimelineAcquisitions & 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 |
Organization | City | State | Total Assets |
---|---|---|---|
The Union Bank
|
Marksville | LA | 251.2M |
Merchants & Planters' Bank
|
Newport | AR | 250.4M |
Affinity Bank
|
Atlanta | GA | 251.9M |
The Shelby County State Bank
|
Harlan | IA | 253.6M |
Citizens State Bank
|
Sealy | TX | 246.8M |
Freedombank
|
Elkader | IA | 255.7M |
First State Bank
|
Scottsbluff | NE | 244.7M |
Byron Bank
|
Byron | IL | 244.5M |
Community Bank Of Parkersburg
|
Parkersburg | WV | 244.4M |
Tristar Bank
|
Dickson | TN | 250.7M |