FIRST BANK UPPER MICHIGAN
GLADSTONE, MICHIGAN · FDIC Cert #14276
Capital & Safety Analysis
According to FDIC financial data, FIRST BANK UPPER MICHIGAN holds a Tier 1 capital ratio of 14.00%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST BANK UPPER MICHIGAN has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FIRST BANK UPPER MICHIGAN shows strong financial health indicators. With $604M in assets and a Health Score of 83/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
FIRST BANK UPPER MICHIGAN has a Bank Health Score of A (83/100). It holds a Tier 1 capital ratio of 14.00%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
FIRST BANK UPPER MICHIGAN holds $604M in total assets and $502M in total deposits. It is located in GLADSTONE, MICHIGAN (FDIC Certificate #14276).
FIRST BANK UPPER MICHIGAN has a Tier 1 capital ratio of 14.00%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.76%, and the return on assets is 1.27%.
Yes. FIRST BANK UPPER MICHIGAN is FDIC-insured (Certificate #14276). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.