B
First Bank, Upper Michigan
Rating Date
October 2025
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings First Bank, Upper Michigan
Gladstone, MI
Click to
Compare
Click to
Compare
Click to
Compare
Rating B
Asset Quality Index 6.60
Capitalization Index 10.00
Liquidity Index 2.60
Profitability Index 7.30
Stability Index 5.70
Company Info First Bank, Upper Michigan
Gladstone, MI
Click to
Compare
Click to
Compare
Click to
Compare
FDIC Number 14276
Phone Number (906) 428-3535
Website www.first-bank.com
Asset Quality First Bank, Upper Michigan
Gladstone, MI
Click to
Compare
Click to
Compare
Click to
Compare
1-Year Asset Growth 3.72%
5-Year Asset Growth 6.35%
5-Year Charge-Offs to Average Loans 0.11%
Charge-Offs to Average Loans 0.05%
Non-Performing Assets to Assets 0.32%
Non-Performing Loans to Capital 3.53%
Non-Performing Loans to Loans 0.45%
Balance Sheet First Bank, Upper Michigan
Gladstone, MI
Click to
Compare
Click to
Compare
Click to
Compare
Total Assets 642.85M
Total Deposits 538.44M
Capital and Reserves First Bank, Upper Michigan
Gladstone, MI
Click to
Compare
Click to
Compare
Click to
Compare
Capital 77.70M
Leverage Ratio 11.85
Loan Loss Reserves to Loans 1.18%
Risk-Based Capital Ratio 16.20
Liquidity First Bank, Upper Michigan
Gladstone, MI
Click to
Compare
Click to
Compare
Click to
Compare
Hot Money Ratio 19.05%
Liquidity Ratio 22.16%
Profitability First Bank, Upper Michigan
Gladstone, MI
Click to
Compare
Click to
Compare
Click to
Compare
5-Year Return on Average Assets 1.67%
Net Income 8.46M
Net Interest Spread 4.07%
Operating Profit to Average Assets 1.81%
Overhead Efficiency Ratio 61.06%
Return on Assets 1.81%
Return on Equity 15.20%