FIRST NB OF MICHIGAN
KALAMAZOO, MICHIGAN · FDIC Cert #58259
Capital & Safety Analysis
According to FDIC financial data, FIRST NB OF MICHIGAN holds a Tier 1 capital ratio of 10.30%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST NB OF MICHIGAN has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FIRST NB OF MICHIGAN shows strong financial health indicators. With $978M in assets and a Health Score of 73/100, 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 NB OF MICHIGAN has a Bank Health Score of B (73/100). It holds a Tier 1 capital ratio of 10.30%, 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 NB OF MICHIGAN holds $978M in total assets and $754M in total deposits. It is located in KALAMAZOO, MICHIGAN (FDIC Certificate #58259).
FIRST NB OF MICHIGAN has a Tier 1 capital ratio of 10.30%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.04%, and the return on assets is 0.77%.
Yes. FIRST NB OF MICHIGAN is FDIC-insured (Certificate #58259). 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.