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First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Gross-Profit-to-Asset % : 3.57% (As of Sep. 2017)


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What is First Federal of Northern Michigan Bancorp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. First Federal of Northern Michigan Bancorp's annualized Gross Profit for the quarter that ended in Sep. 2017 was $12.12 Mil. First Federal of Northern Michigan Bancorp's average Total Assets over the quarter that ended in Sep. 2017 was $339.23 Mil. Therefore, First Federal of Northern Michigan Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2017 was 3.57%.


First Federal of Northern Michigan Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for First Federal of Northern Michigan Bancorp's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Federal of Northern Michigan Bancorp Gross-Profit-to-Asset % Chart

First Federal of Northern Michigan Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 4.22 4.29 3.43 3.31

First Federal of Northern Michigan Bancorp Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.46 3.43 3.34 3.52 3.57

Competitive Comparison of First Federal of Northern Michigan Bancorp's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, First Federal of Northern Michigan Bancorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Federal of Northern Michigan Bancorp's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Federal of Northern Michigan Bancorp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where First Federal of Northern Michigan Bancorp's Gross-Profit-to-Asset % falls into.



First Federal of Northern Michigan Bancorp Gross-Profit-to-Asset % Calculation

First Federal of Northern Michigan Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2016 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=11.255/( (336.009+344.94)/ 2 )
=11.255/340.4745
=3.31 %

First Federal of Northern Michigan Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2017 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=12.116/( (342.164+336.288)/ 2 )
=12.116/339.226
=3.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2017) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


First Federal of Northern Michigan Bancorp Gross-Profit-to-Asset % Related Terms

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First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
First Federal of Northern Michigan Bancorp Inc operates as a full-service, community-oriented savings bank whose primary lending activity is the origination of one- to four-family residential real estate mortgages, commercial real estate loans, commercial loans, and consumer loans. Its primary services include accepting deposits, making a commercial, consumer and mortgage loans, and engaging in mortgage banking activities. Geographically all the operation of the group is functioned through the region of US.
Executives
Martin A Thomson director