First National Bank of Michigan
Overview / Commentary
First National Bank of Michigan is headquartered in Kalamazoo and is the 25th largest bank in the state of Michigan. It is also the 1,442nd largest bank in the nation. It was established in 2006 and as of March of 2017, it had grown to 56 employees at 4 locations. First National Bank of Michigan has an A health rating.
Reviews (1)
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Poor Customer Service
Posted by: Anonymous | Jun 11, 2012
Challenged someone at the bank on issue the other day. She kept saying "do you know who I am," seemed to have forgotten that I was the customer, and she was just an employee of the bank. Will be moving my accounts soon.
Health
A
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58259 |
| Year Established | 2006 |
| Employees | 56 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 10.24% |
| Annual Interest Income | $4.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $494.7MM$431.8MM |
| Loans | Q1 2017vs Q1 2016 | $345.0MM$311.6MM |
| Deposits | Q1 2017vs Q1 2016 | $409.3MM$382.9MM |
| Equity Capital | Q1 2017vs Q1 2016 | $44.2MM$40.4MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $5.3MM$4.9MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $2.8MM$0 |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Rates
Sorry, we do not have rate data for First National Bank of Michigan.
Locations
| First National Bank of Michigan Locations | ||
|---|---|---|
| Grand Rapids Banking Center | 141 Ionia Avenue, NW | Grand Rapids, MI 49503 |
| Woodbridge Branch | 2700 W Centre | Portage, MI 49024 |
| First National Bank Of Michigan | 348 West Michigan Avenue | Kalamazoo, MI 49007 |
| First National Bank Of Michigan-West Side Office | 5313 West Main Street | Kalamazoo, MI 49009 |