Total Assets
$633M
Total balance-sheet footings
FDIC Cert #14276 · Gladstone, Michigan · Est. 1916
First Bank, Upper Michigan - FDIC Bank Health Profile
A community-scale look at First Bank, Upper Michigan's own numbers, pulled straight from its quarterly FDIC Call Report.
- $633M
- Total assets
- A
- Health grade · Excellent
- 1.89%
- Return on assets
- 15.8%
- Tier 1 capital
Data updated July 2026
The verdict
First Bank, Upper Michigan earns a PlainBankData health grade of A (97/100), with well-capitalized at 15.76% Tier 1, profitable at 1.89% ROA, efficient (59% cost ratio).
- #1,508
- largest of 4,313 FDIC banks by assets
- 65th
- percentile by asset size, nationally
- 15.76%
- Tier 1 ratio - above the 10% well-capitalized line
- 88th
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How First Bank, Upper Michigan's 97/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
First Bank, Upper Michigan's composite health score
Tier 1 Capital Ratio (15.76%) 40/40
Return on Assets (ROA) (1.89%) 25/25
Texas Ratio (2.80%) 20/20
Efficiency Ratio (58.78%) 12/15
97 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$524M
Customer-funded liabilities
Net Loans
$441M
Outstanding loan book
Net Income
$12M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where First Bank, Upper Michigan ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Bank, Upper Michigan's score of 97/100 falls in the highlighted band.
First Bank, Upper Michigan's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). First Bank, Upper Michigan's $633M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
15.76% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
15.76%
Texas Ratio
2.80%
Equity Capital
$82M
Profitability metrics
Return on Assets (ROA)
88th percentile nationally
1.89%
Return on Equity (ROE)
15.56%
Efficiency Ratio
58.78%
What the numbers say about First Bank, Upper Michigan
First Bank, Upper Michigan is an FDIC-insured institution (Certificate #14276) headquartered in Gladstone, Michigan, established in 1916. It holds $633M in total assets - 1,508th of 4,313 FDIC-insured banks, $524M in customer deposits, and $441M in net loans. Capital-wise, the Tier 1 ratio sits at 15.76%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 2.80%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of A (97 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
First Bank, Upper Michigan sits 24th of 73 banks headquartered in Michigan by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$33M
Interest Income
$7M
Non-Interest Income
$19M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. First Bank, Upper Michigan reports a Texas Ratio of 2.80% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
2.80% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Michigan by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Bank, Upper Michigan (FDIC Cert #14276) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Michigan
All Michigan banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Northpointe BankGrand Rapids | $7.0B | B | 1.39% |
| First National Bank of AmericaEast Lansing | $6.7B | A | 2.94% |
| Mercantile BankGrand Rapids | $6.2B | A | 1.61% |
| Independent BankGrand Rapids | $5.5B | B | 1.33% |
| ChoiceOne BankSparta | $4.4B | B | 0.79% |
| Macatawa Bank, National AssociationHolland | $3.7B | A | 1.39% |
| Bank of Ann ArborAnn Arbor | $3.3B | A | 1.72% |
| Isabella BankMount Pleasant | $2.2B | B | 1.02% |
Frequently asked questions
What is First Bank, Upper Michigan's health grade?▼
First Bank, Upper Michigan receives a health grade of A (97/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is First Bank, Upper Michigan?▼
First Bank, Upper Michigan holds $633M in total assets and $524M in deposits, ranking 1,508th of 4,313 FDIC-insured banks by asset size. It is headquartered in Gladstone, Michigan.
Is my money safe at First Bank, Upper Michigan?▼
Yes, deposits at First Bank, Upper Michigan (Certificate #14276) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is First Bank, Upper Michigan's Tier 1 Capital Ratio?▼
First Bank, Upper Michigan has a Tier 1 Capital Ratio of 15.76%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for First Bank, Upper Michigan?▼
First Bank, Upper Michigan has a Texas Ratio of 2.80%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is First Bank, Upper Michigan?▼
First Bank, Upper Michigan has an Efficiency Ratio of 58.78%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read First Bank, Upper Michigan's profile as a depositor or analyst.
- First Bank, Upper Michigan's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare First Bank, Upper Michigan against other Michigan banks before moving funds. Michigan banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.