First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Total Deposits : $282.65 Mil (As of Sep. 2017)

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What is First Federal of Northern Michigan Bancorp Total Deposits?

First Federal of Northern Michigan Bancorp's annual total deposits declined from Dec. 2014 ($270.73 Mil) to Dec. 2015 ($268.53 Mil) but then increased from Dec. 2015 ($268.53 Mil) to Dec. 2016 ($293.43 Mil).

First Federal of Northern Michigan Bancorp Total Deposits Historical Data

The historical data trend for First Federal of Northern Michigan Bancorp's Total Deposits 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 Total Deposits Chart

First Federal of Northern Michigan Bancorp Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Deposits

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158.35

160.03

270.73

268.53

293.43

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
Total Deposits	Get a 7-Day Free Trial															270.67	293.43	294.19	283.84	282.65

First Federal of Northern Michigan Bancorp Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

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

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.first-federal.com

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