First National Bank of Michigan

First National Bank of Michigan is headquartered in Kalamazoo and is the 63^rd largest bank in the state of Michigan. It is also the 3,009^th largest bank in the nation. It was established in 2006 and as of March of 2012, it had grown to 32 employees at 3 locations. First National Bank of Michigan has a 5-star health rating.

First National Bank of Michigan Routing Number: 072414239

Data for Q1 2012

Institution Statistics First National Bank of Michigan FDIC Certificate # 58259 BankRate Report View Year Established 2006 Employees 32 Primary Regulator OCC Assets and Liabilities Assets $209.30 million Loans $154.81 million Deposits $177.65 million Equity Capital $22.81 million Loan Loss Allowance $3.44 million Unbacked Noncurrent Loans $160,000 Real Estate Owned $635,000 Historic Data - March 2011 Assets $184.31 million Equity Capital $20.10 million Loan Loss Allowance $2.92 million Real Estate Owned $434,000 Profit Margin - Quarterly Net Interest Margin 4.15% Return on Assets 1.03% Return on Equity 9.44% Interest Income $2.41 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First National Bank of Michigan had $795,000 in non-current loans and owned real-estate with $26.26 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of Michigan a Texas Ratio of 3.03% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First National Bank of Michigan held steady from 1.89% as of March 31, 2011 to 3.03% as of March 31, 2012, resulting in a negative change of 60.56%. This indicates that the balance sheet and financial strength for First National Bank of Michigan has held steady in recent periods. Deposit Growth In the past year, First National Bank of Michigan has increased its total deposits by $22.5 million, resulting in 14.5% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First National Bank of Michigan has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First National Bank of Michigan has $209.3 million in assets with $26.26 million in equity, resulting in a capitalization level of 12.55%, which is excellent.

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