B
First Bank, Upper Michigan
Rating Date
March 2026
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings First Bank, Upper Michigan
Gladstone, MI
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Rating B
Asset Quality Index 6.80
Capitalization Index 10.00
Liquidity Index 2.50
Profitability Index 7.40
Stability Index 5.70
Company Info First Bank, Upper Michigan
Gladstone, MI
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FDIC Number 14276
Phone Number (906) 428-3535
Website www.first-bank.com
Asset Quality First Bank, Upper Michigan
Gladstone, MI
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1-Year Asset Growth 2.45%
5-Year Asset Growth 3.97%
5-Year Charge-Offs to Average Loans 0.11%
Charge-Offs to Average Loans 0.12%
Non-Performing Assets to Assets 0.28%
Non-Performing Loans to Capital 2.96%
Non-Performing Loans to Loans 0.39%
Balance Sheet First Bank, Upper Michigan
Gladstone, MI
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Total Assets 632.87M
Total Deposits 524.45M
Capital and Reserves First Bank, Upper Michigan
Gladstone, MI
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Capital 81.96M
Leverage Ratio 12.16
Loan Loss Reserves to Loans 1.12%
Risk-Based Capital Ratio 16.80
Liquidity First Bank, Upper Michigan
Gladstone, MI
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Hot Money Ratio 19.32%
Liquidity Ratio 20.55%
Profitability First Bank, Upper Michigan
Gladstone, MI
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5-Year Return on Average Assets 1.67%
Net Income 11.79M
Net Interest Spread 4.10%
Operating Profit to Average Assets 1.87%
Overhead Efficiency Ratio 60.14%
Return on Assets 1.87%
Return on Equity 15.59%