First National Bank of Michigan
Overview / Commentary
First National Bank of Michigan is headquartered in Kalamazoo and is the 26th largest bank in the state of Michigan. It is also the 1,467th largest bank in the nation. It was established in 2006 and as of March of 2018, it had grown to 68 employees at 5 locations. First National Bank of Michigan has a B+ health rating.
Reviews (1)
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
B+
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58259 |
| Year Established | 2006 |
| Employees | 68 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.02% |
| Return on Equity - YTD | 10.65% |
| Annual Interest Income | $5.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $484.0MM$494.7MM |
| Loans | Q1 2018vs Q1 2017 | $394.3MM$345.0MM |
| Deposits | Q1 2018vs Q1 2017 | $417.4MM$409.3MM |
| Equity Capital | Q1 2018vs Q1 2017 | $46.9MM$44.2MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $5.8MM$5.3MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $2.2MM$2.8MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $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 |
| Holland Branch | 1 West 8th Street | Holland, MI 49423 |