First National Bank & Trust Co.

Iron Mountain, MI
IDRSSD: 251558
Total Assets
$412.11M
Latest filing
Total Deposits
$355.19M
Latest filing
Net Interest Margin
3.79%
Profitability

Key People

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Locations

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Main Office
First National Bank & Trust Co.
233 S Stephenson Ave
Iron Mountain, MI 49801
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1887FDIC Certificate 3380

Branches (6)

Page 1 of 1
NameAddressCity / State
First National Bank & Trust Co. (Main)233 S Stephenson AveIron Mountain, MI
KINGSFORD BRANCH128 S Carpenter AveKingsford, MI
SOUTH BRANCHW 8151 Us 2Iron Mountain, MI
IRON RIVER BRANCH901 Riverside PlzIron River, MI
FIRST NATIONAL TRUST & WEALTH MANAGEMENT BRANCH3165 Wright StMarquette, MI
MARQUETTE TRUST OFFICE3165 Wright StMarquette, MI
NORTH MENOMINE BRANCH3805 10th StMenominee, MI
Showing 6 of 6

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date01/01/1887
Community BankYes
Ownership TypeNot Mutual
ZIP49801
State and County Number26043
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number09
Numeric code3
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameIron Mountain, MI-WI

Operational Info

Number of Employees70
Domestic Offices7
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.fnbimk.com
Data Updated01/30/2026
CERT5062
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$412.11M
Total Deposits$355.19M
Total Liabilities$376.79M
Total Equity Capital$35.32M
Net Income$884.00k
Net Loans and Leases$206.08M
Assets Per Employee ($Millions)$6.15M
Bank Premises and Fixed Assets$4.99M
Cash and Balances due from Depository Institutions$40.85M
Deposits Held in Domestic Offices$355.19M

Key Performance Ratios

Return on Assets (ROA)0.85%
Return on Equity (ROE)10.22%
Net Interest Margin3.79%
Efficiency Ratio72.52%
Tier 1 Risk-Based Capital Ratio14.814%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.29%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.571%
Earning Assets to total Assets91.05%

Income and Expense

Total Interest Income$4.50M
Total Noninterest Income$1.10M
Total Interest Expense$930.00k
Total Noninterest Expense$3.38M
Net Interest Income$3.56M
Pre-tax Net Operating Income$982.00k
Provision for Credit Losses$300.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$157.00k
Other borrowed funds$20.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.61M
Total Liabilities and Capital$412.11M

Securities

Securities$142.39M
Available-for-sale debt securities$142.39M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First National Bank & Trust Co.?
$412.11M as of the latest filing.
How much are First National Bank & Trust Co.'s total deposits?
$355.19M in total deposits.
Where is First National Bank & Trust Co. located?
Iron Mountain, MI.
What is the Net Interest Margin?
3.79%.
How many domestic offices does it operate?
7.
When was it established?
01/01/1887.
What is the Return on Assets (ROA)?
0.85%.
How much are total loans and leases?
$206.08M (latest filing).
What is the total interest income (latest filing)?
$4.50M.