First Bank, Upper Michigan
Gladstone, MI
IDRSSD: 239556
Total Assets
$632.87M
Latest filing
Total Deposits
$524.45M
Latest filing
Net Interest Margin
4.32%
Profitability
Key People
Loading leadership data...
Locations
Main office and branches. Select to view on the map.
Main Office
First Bank, Upper Michigan
1400 Delta Ave
Gladstone, MI 49837
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/14/1916FDIC Certificate 8919
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| First Bank, Upper Michigan (Main) | 1400 Delta Ave | Gladstone, MI |
| 1502 W WASHINGTON BRANCH | 1502 W Washington St | Marquette, MI |
| 600 S CARPENTER BRANCH | 600 S Carpenter Ave | Kingsford, MI |
| BARK RIVER BRANCH | 1269 Us 2 And 41 | Bark River, MI |
| ESCANABA BRANCH | 2800 Ludington St | Escanaba, MI |
| GARDEN BRANCH | 6322 State St | Garden, MI |
| IRON MOUNTAIN BRANCH | 500 S Stephenson Ave | Iron Mountain, MI |
| ESCANABA BRANCH | 1921 3rd Ave N | Escanaba, MI |
Showing 7 of 8
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
Baybank
Gladstone, Michigan
→
Assets: $166.21MΔ -74.1%
Range Bank
Marquette, Michigan
→
Assets: $635.20MΔ -1.2%
Thumb Bank and Trust
Pigeon, Michigan
→
Assets: $663.01MΔ +3.1%
Tri-County Bank
Brown City, Michigan
→
Assets: $603.30MΔ -6.2%
Highpoint Community Bank
Hastings, Michigan
→
Assets: $596.09MΔ -7.3%
First Independence Bank
Detroit, Michigan
→
Assets: $699.59MΔ +8.8%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 08/14/1916 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49837 |
| State and County Number | 26041 |
| Subchapter S Corporations | Yes |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Escanaba, MI |
Operational Info
| Number of Employees | 113 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 04/23/1934 |
| Primary Insurance Agency | DIF |
| Website | www.first-bank.com |
| Data Updated | 01/30/2026 |
| CERT | 14276 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $632.87M |
| Total Deposits | $524.45M |
| Total Liabilities | $550.91M |
| Total Equity Capital | $81.96M |
| Net Income | $3.33M |
| Net Loans and Leases | $440.81M |
| Assets Per Employee ($Millions) | $5.27M |
| Bank Premises and Fixed Assets | $11.81M |
| Cash and Balances due from Depository Institutions | $35.77M |
| Deposits Held in Domestic Offices | $524.45M |
Key Performance Ratios
| Return on Assets (ROA) | 2.09% |
| Return on Equity (ROE) | 16.69% |
| Net Interest Margin | 4.32% |
| Efficiency Ratio | 56.28% |
| Tier 1 Risk-Based Capital Ratio | 15.756% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.09% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.95% |
| Earning Assets to total Assets | 90.55% |
Income and Expense
| Total Interest Income | $8.65M |
| Total Noninterest Income | $1.97M |
| Total Interest Expense | $2.42M |
| Total Noninterest Expense | $4.72M |
| Net Interest Income | $6.24M |
| Pre-tax Net Operating Income | $3.33M |
| Provision for Credit Losses | $151.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $20.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $6.46M |
| Total Liabilities and Capital | $632.87M |
Securities
| Securities | $110.55M |
| Available-for-sale debt securities | $110.34M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $207.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Bank, Upper Michigan?
$632.87M as of the latest filing.
How much are First Bank, Upper Michigan's total deposits?
$524.45M in total deposits.
Where is First Bank, Upper Michigan located?
Gladstone, MI.
What is the Net Interest Margin?
4.32%.
How many domestic offices does it operate?
9.
When was it established?
08/14/1916.
What is the Return on Assets (ROA)?
2.09%.
How much are total loans and leases?
$440.81M (latest filing).
What is the total interest income (latest filing)?
$8.65M.