TellerScore

Headquartered in Kalamazoo, Michigan, First National Bank of Michigan is a national bank with $988.9M in total assets and $807.2M in deposits as of Q2 2026. It operates 7 offices. Its charter dates back to 2006.

First National Bank of Michigan has a TellerScore of 60 out of 100 (moderate) based on Q2 2026 data — higher than only 19% of its 2,650 banks with $100 million – $1 billion. Among 72 banks headquartered in Michigan, it ranks 55th. Problem-loan coverage contributes the most (87/100, 6.5%); capital cushion contributes the least (45/100, 9.54%).

TellerScore · Q2 2026

Scorecard

Capital cushion45/100
Tier 1 leverage ratio: 9.54%
Loan quality73/100
Noncurrent loans ÷ total loans: 0.80%
Earnings59/100
Return on assets (annualized): 0.98%
Funding & liquidity50/100
Loans ÷ deposits and uninsured-deposit share: 100.9% · 23.2% uninsured
Problem-loan coverage87/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 6.47%

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 fell 5 points (65 → 60), mostly because the loan quality component weakened by 26 points.

TellerScore
576165Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202463
Q3 202464
Q4 202464
Q1 202565
Q2 202565
Q3 202559
Q4 202557
Q1 202659
Q2 202660
Tier 1 leverage ratio
5.00%7.27%9.54%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20248.67%
Q3 20248.85%
Q4 20248.99%
Q1 20259.16%
Q2 20259.26%
Q3 20259.29%
Q4 20259.35%
Q1 20269.43%
Q2 20269.54%
Noncurrent loans
0.04%0.43%0.82%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.04%
Q3 20240.04%
Q4 20240.11%
Q1 20250.09%
Q2 20250.04%
Q3 20250.65%
Q4 20250.82%
Q1 20260.80%
Q2 20260.80%
Return on assets
0.56%0.77%0.98%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.62%
Q3 20240.56%
Q4 20240.57%
Q1 20250.66%
Q2 20250.67%
Q3 20250.75%
Q4 20250.77%
Q1 20260.92%
Q2 20260.98%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202660$988.9M9.54%0.80%0.98%100.9%
Q1 202659$982.4M9.43%0.80%0.92%107.0%
Q4 202557$986.0M9.35%0.82%0.77%103.9%
Q3 202559$971.7M9.29%0.65%0.75%99.5%
Q2 202565$980.6M9.26%0.04%0.67%98.5%
Q1 202565$959.6M9.16%0.09%0.66%96.6%
Q4 202464$970.6M8.99%0.11%0.57%91.7%
Q3 202464$973.5M8.85%0.04%0.56%95.1%
Q2 202463$978.0M8.67%0.04%0.62%96.8%

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 ratio9.54%
22nd
Total risk-based capital12.21%
53rd
Problem loans0.80%
34th
Net charge-offs-0.00%
79th
Return on assets0.98%
32nd
Net interest margin3.37%
22nd
Efficiency ratio58.7%
61st
Loans to deposits100.9%
9th
Uninsured deposits23.2%
52nd
Loan-loss reserves1.44%
75th
Texas ratio6.5%
29th

Similar-size banks in Michigan

InstitutionScoreAssetsCapitalProblem loansCompare
Oxford BankBank Oxford, MI53 out of 100, Below average$930.5M11.9%2.26%vs
First Independence BankBank Detroit, MI74 out of 100, Strong$875.3M10.8%0.71%vs
West Shore BankBank Ludington, MI56 out of 100, Moderate$833.6M9.8%1.24%vs
Thumb Bank and TrustBank Pigeon, MI77 out of 100, Strong$673.3M9.4%0.03%vs
Tri-County BankBank Brown City, MI78 out of 100, Strong$638.6M13.6%1.30%vs
First Bank, Upper MichiganBank Gladstone, MI81 out of 100, Strong$629.5M12.7%0.63%vs

Deposit insurance

Is my money safe at First National Bank of Michigan?

Yes. First National Bank of Michigan is an FDIC-insured institution (FDIC certificate #58259). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 23.2% of deposits ($187.1M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.54%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 12.21% (benchmark: 10%).

Check how much of your own balance is covered

7 locations

Branches

First National Bank of Michigan lists 6 offices in 5 cities. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
First National Bank of Michigan
Type
National bank
FDIC certificate #
58259
RSSD ID
3404467
Primary regulator
OCC
Holding company
First National Bcorp Inc
Established
April 12, 2006
Headquarters
348 W Michigan Ave, Kalamazoo, MI 49007
Employees
78

Quick answers

First National Bank of Michigan: common questions

Is First National Bank of Michigan FDIC insured?

Yes. First National Bank of Michigan is an FDIC-insured institution (FDIC certificate #58259). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First National Bank of Michigan's TellerScore?

60 out of 100 (Moderate), 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 of Michigan ever failed?

There is no failure record for FDIC certificate #58259 in the FDIC failed bank list.

How many branches does First National Bank of Michigan have?

7 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Kalamazoo

InstitutionScoreAssetsCapitalProblem loansCompare
Omni Community Credit UnionCredit union Battle Creek, MI90 out of 100, Very strong$662.0M16.3%0.75%vs
Kellogg Community Credit UnionCredit union Battle Creek, MI88 out of 100, Very strong$1.0B16.7%0.41%vs
Preferred Credit UnionCredit union Grand Rapids, MI87 out of 100, Very strong$318.1M14.3%0.37%vs
Grand Trunk Battle Creek Emp Federal Credit UnionCredit union Battle Creek, MI86 out of 100, Very strong$39.7M20.6%0.72%vs
Kalamazoo County State BankBank Schoolcraft, MI77 out of 100, Strong$118.4M12.1%0.33%vs
1st Source BankBank South Bend, IN75 out of 100, Strong$9.3B13.7%0.99%vs