First Community Bank (MI)

First Community Bank (MI)

Overview / Commentary
200 East Main Street
Harbor Springs, MI 49740

First Community Bank (MI) is headquartered in Harbor Springs and is the 42nd largest bank in the state of Michigan. It is also the 2,125th largest bank in the nation. It was established in 1905 and as of December of 2019, it had grown to 67 employees at 9 locations. First Community Bank (MI) has an A+ health rating.

Reviews (1)

Our Hometown Bank

We were relatively happy with our experience with First Community. We had maintained a checking account with the institution for around 4 years. We were very pleased with the bank's customer service and always felt welcome in the bank. The staff always maintained a professional and friendly demeanor and we were always treated like valued customers. I think the only real issue we had was when we would travel. It is nice to have the ability to use the resources of a national bank when one is away from home. Our current bank has in-network atms almost everywhere, so it was a large factor in our decision to leave the bank, but for a local institution, First Community does an excellent job.


Health Grade Components

FDIC Certificate #13179
Year Established1905
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.61%
Return on Equity - YTD16.59%
Annual Interest Income$15.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$312.3MM$312.3MM
LoansQ4 2019vs Q4 2018$259.3MM$260.4MM
DepositsQ4 2019vs Q4 2018$265.8MM$265.6MM
Equity CapitalQ4 2019vs Q4 2018$31.0MM$29.1MM
Loan Loss AllowanceQ4 2019vs Q4 2018$2.8MM$2.8MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$283.00K$0
Real Estate OwnedQ4 2019vs Q4 2018$7.00K$558.00K

Sorry, we do not have rate data for First Community Bank (MI).


Cities: Birmingham, Cheboygan, Grand Rapids, Harbor Springs, Petoskey, Traverse City

Birmingham Branches
Birmingham Branch379 South Old Woodward AvenueBirmingham, MI 48009

Cheboygan Branches
Cheboygan Main Office Branch201 North Main StreetCheboygan, MI 49721

Grand Rapids Branches
Select Bank Branch60 Monroe CenterGrand Rapids, MI 49503

Harbor Springs Branches
First Community Bank200 East Main StreetHarbor Springs, MI 49740
Harbor Springs Lake St Branch115 East Lake StreetHarbor Springs, MI 49740
Harbor Springs Airport BranchPleasantview Road and M-119Harbor Springs, MI 49740

Petoskey Branches
Petoskey Main Office330 East MitchellPetoskey, MI 49770
Petoskey Spring Street Branch930 Spring StreetPetoskey, MI 49770
Petoskey Division St Branch2201 East MitchellPetoskey, MI 49770

Traverse City Branches
Traverse City Main Branch102 E Front StreetTraverse City, MI 49684

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