First National Bank & Trust Co.

Iron Mountain, MI
IDRSSD: 251558
Total Assets
$417.24M
Latest filing
Total Deposits
$361.54M
Latest filing
Net Interest Margin
3.56%
Profitability

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 11/14/2025Established 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 Updated11/14/2025
CERT5062
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$417.24M
Total Deposits$361.54M
Total Liabilities$383.34M
Total Equity Capital$33.90M
Net Income$905.00k
Net Loans and Leases$205.00M
Assets Per Employee ($Millions)$5.96M
Bank Premises and Fixed Assets$5.06M
Cash and Balances due from Depository Institutions$35.45M
Deposits Held in Domestic Offices$361.54M

Key Performance Ratios

Return on Assets (ROA)0.89%
Return on Equity (ROE)10.97%
Net Interest Margin3.56%
Efficiency Ratio70.23%
Tier 1 Risk-Based Capital Ratio14.629%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.15%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.126%
Earning Assets to total Assets90.56%

Income and Expense

Total Interest Income$4.34M
Total Noninterest Income$1.14M
Total Interest Expense$1.02M
Total Noninterest Expense$3.13M
Net Interest Income$3.32M
Pre-tax Net Operating Income$1.18M
Provision for Credit Losses$150.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$308.00k
Other borrowed funds$20.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.79M
Total Liabilities and Capital$417.24M

Securities

Securities$156.23M
Available-for-sale debt securities$156.23M
Equity securities with readily determinable fair values not held for trading$0
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.?
$417.24M as of the latest filing.
How much are First National Bank & Trust Co.'s total deposits?
$361.54M in total deposits.
Where is First National Bank & Trust Co. located?
Iron Mountain, MI.
What is the Net Interest Margin?
3.56%.
How many domestic offices does it operate?
7.
When was it established?
01/01/1887.
What is the Return on Assets (ROA)?
0.89%.
How much are total loans and leases?
$205.00M (latest filing).
What is the total interest income (latest filing)?
$4.34M.