Call reports 2026
FIRST BANK, UPPER MICHIGAN — 2026
What FIRST BANK, UPPER MICHIGAN reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 632,092,000 | 629,487,000 |
| Total loans | 445,807,000 | 451,212,000 |
| Allowance for loan losses | 5,152,000 | 5,146,000 |
| Securities available for sale | 106,911,000 | 101,661,000 |
| Securities held to maturity | 207,000 | 104,000 |
| Trading assets | 0 | 0 |
| Total deposits | 532,142,000 | 528,331,000 |
| Interest-bearing deposits | 439,382,000 | 427,294,000 |
| Noninterest-bearing deposits | 92,760,000 | 101,037,000 |
| Equity capital | 82,930,000 | 83,462,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 8,473,000 | 17,074,000 |
| Interest expense | 2,300,000 | 4,595,000 |
| Net interest income | 6,173,000 | 12,479,000 |
| Noninterest income | 1,896,000 | 3,852,000 |
| Noninterest expense | 4,842,000 | 9,631,000 |
| Provision for loan losses | 150,000 | 300,000 |
| Pretax income | 3,078,000 | 6,414,000 |
| Income tax | 0 | 0 |
| Net income | 3,078,000 | 6,414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 78,955,000 | 79,109,000 |
| Total capital | 84,225,000 | 84,360,000 |
| Risk-weighted assets | 490,113,000 | 495,598,000 |