Call reports 2025
FIRST NATIONAL BANK OF MICHIGAN — 2025
What FIRST NATIONAL BANK OF MICHIGAN reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 959,577,000 | 980,638,000 | 971,707,000 | 986,006,000 |
| Total loans | 752,049,000 | 775,805,000 | 781,694,000 | 812,959,000 |
| Allowance for loan losses | 9,953,000 | 10,422,000 | 10,376,000 | 10,838,000 |
| Securities available for sale | 163,314,000 | 150,487,000 | 132,815,000 | 122,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 768,384,000 | 777,069,000 | 775,272,000 | 772,263,000 |
| Interest-bearing deposits | 612,013,000 | 625,717,000 | 619,096,000 | 614,557,000 |
| Noninterest-bearing deposits | 156,371,000 | 151,352,000 | 156,176,000 | 157,706,000 |
| Equity capital | 82,440,000 | 84,512,000 | 85,999,000 | 87,985,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 11,955,000 | 24,382,000 | 37,032,000 | 49,909,000 |
| Interest expense | 5,711,000 | 11,467,000 | 17,145,000 | 22,530,000 |
| Net interest income | 6,244,000 | 12,915,000 | 19,887,000 | 27,379,000 |
| Noninterest income | 358,000 | 730,000 | 1,120,000 | 1,510,000 |
| Noninterest expense | 4,533,000 | 9,084,000 | 13,668,000 | 18,669,000 |
| Provision for loan losses | -403,000 | 66,000 | 20,000 | 628,000 |
| Pretax income | 2,003,000 | 4,034,000 | 6,823,000 | 9,346,000 |
| Income tax | 421,000 | 767,000 | 1,330,000 | 1,869,000 |
| Net income | 1,582,000 | 3,267,000 | 5,493,000 | 7,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,096,000 | 90,008,000 | 90,419,000 | 91,551,000 |
| Total capital | 99,376,000 | 100,368,000 | 100,757,000 | 102,133,000 |
| Risk-weighted assets | 821,217,000 | 827,278,000 | 825,524,000 | 845,088,000 |