TellerScore

First National Bank & Trust Co. is a national bank headquartered in Iron Mountain, Michigan, in business for about 139 years. At the end of Q2 2026 it reported $386.4M in total assets and $337.6M in deposits, with 7 offices.

First National Bank & Trust Co. has a TellerScore of 45 out of 100 (below average) based on Q2 2026 data — higher than only 4% of its 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 71st. Funding & liquidity contributes the most (96/100, 64% loans-to-deposits, 8% uninsured); loan quality contributes the least (0/100, 3.22%).

TellerScore · Q2 2026

Scorecard

Capital cushion45/100
Tier 1 leverage ratio: 9.48%
Loan quality0/100
Noncurrent loans ÷ total loans: 3.22%
Earnings54/100
Return on assets (annualized): 0.85%
Funding & liquidity96/100
Loans ÷ deposits and uninsured-deposit share: 64.2% · 8.1% uninsured
Problem-loan coverage66/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 17.01%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 4 points (41 → 45), mostly because the problem-loan coverage component improved by 14 points.

TellerScore
394245Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202439
Q3 202440
Q4 202439
Q1 202541
Q2 202541
Q3 202542
Q4 202543
Q1 202645
Q2 202645
Tier 1 leverage ratio
5.00%7.24%9.48%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20248.35%
Q3 20248.45%
Q4 20248.41%
Q1 20258.67%
Q2 20258.90%
Q3 20258.85%
Q4 20258.96%
Q1 20269.15%
Q2 20269.48%
Noncurrent loans
3.22%3.63%4.04%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20243.26%
Q3 20243.42%
Q4 20243.52%
Q1 20253.48%
Q2 20254.04%
Q3 20253.41%
Q4 20253.54%
Q1 20263.41%
Q2 20263.22%
Return on assets
0.53%0.69%0.85%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.55%
Q3 20240.55%
Q4 20240.53%
Q1 20250.55%
Q2 20250.59%
Q3 20250.69%
Q4 20250.73%
Q1 20260.83%
Q2 20260.85%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202645$386.4M9.48%3.22%0.85%64.2%
Q1 202645$413.8M9.15%3.41%0.83%57.8%
Q4 202543$412.1M8.96%3.54%0.73%58.0%
Q3 202542$417.2M8.85%3.41%0.69%56.7%
Q2 202541$397.3M8.90%4.04%0.59%58.9%
Q1 202541$405.0M8.67%3.48%0.55%55.4%
Q4 202439$410.0M8.41%3.52%0.53%53.7%
Q3 202440$422.2M8.45%3.42%0.55%52.5%
Q2 202439$400.6M8.35%3.26%0.55%56.7%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.48%
21st
Total risk-based capital16.58%
76th
Problem loans3.22%
5th
Net charge-offs0.01%
46th
Return on assets0.85%
26th
Net interest margin3.91%
48th
Efficiency ratio67.0%
37th
Loans to deposits64.2%
78th
Uninsured deposits8.1%
96th
Loan-loss reserves2.28%
96th
Texas ratio17.0%
8th

Similar-size banks in Michigan

InstitutionScoreAssetsCapitalProblem loansCompare
Union BankBank Grand Rapids, MI53 out of 100, Below average$396.7M8.8%1.07%vs
The Shelby State BankBank Shelby, MI73 out of 100, Strong$397.0M9.1%0.01%vs
Upper Peninsula State BankBank Escanaba, MI72 out of 100, Strong$371.7M13.4%1.09%vs
First Community BankBank Harbor Springs, MI77 out of 100, Strong$413.6M9.9%0.00%vs
Chelsea State BankBank Chelsea, MI75 out of 100, Strong$416.5M12.8%1.33%vs
State Savings BankBank Frankfort, MI61 out of 100, Moderate$431.2M8.8%0.20%vs

Deposit insurance

Is my money safe at First National Bank & Trust Co.?

Yes. First National Bank & Trust Co. is an FDIC-insured institution (FDIC certificate #5062). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 8.1% of deposits ($27.4M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.48%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 16.58% (benchmark: 10%).

Check how much of your own balance is covered

7 locations

Branches

First National Bank & Trust Co. lists 5 offices in 4 cities. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
First National Bank & Trust Co.
Former names
The First National Bank of Iron Mountain; The First National Bank & Trust Company of Iron Mountain
Type
National bank
FDIC certificate #
5062
RSSD ID
251558
Primary regulator
OCC
Holding company
Fnb Bancshares Inc
Established
January 1, 1887
Headquarters
233 S Stephenson Ave, Iron Mountain, MI 49801
Employees
67

Quick answers

First National Bank & Trust Co.: common questions

Is First National Bank & Trust Co. FDIC insured?

Yes. First National Bank & Trust Co. is an FDIC-insured institution (FDIC certificate #5062). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First National Bank & Trust Co.'s TellerScore?

45 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First National Bank & Trust Co. ever failed?

There is no failure record for FDIC certificate #5062 in the FDIC failed bank list.

How many branches does First National Bank & Trust Co. have?

7 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Iron Mountain

InstitutionScoreAssetsCapitalProblem loansCompare
Iron Mountain Kingsford Community Federal Credit UnionCredit union Kingsford, MI96 out of 100, Very strong$149.4M17.9%0.18%vs
First Bank, Upper MichiganBank Gladstone, MI81 out of 100, Strong$629.5M12.7%0.63%vs
Range BankBank Marquette, MI80 out of 100, Strong$604.1M10.8%0.03%vs
U.P. State Credit UnionCredit union Escanaba, MI79 out of 100, Strong$210.3M13.2%1.10%vs
Forward Financial Credit UnionCredit union Niagara, WI75 out of 100, Strong$85.9M13.5%0.79%vs
Upper Peninsula State BankBank Escanaba, MI72 out of 100, Strong$371.7M13.4%1.09%vs