BlastPoint

BlastPoint's Banking Scorecard

First Bank, Upper Michigan

$100M-$1B Specialty: Commercial MI FDIC cert 14276

Gladstone, MI

8 branches across MI

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 47 in MI.
  • Deposits +2.0% year over year ($528.3M on the books).
  • Delinquency rate 0.64%.
  • Return on assets 2.03%.
  • Efficiency ratio 58.55% vs a 64.48% peer average.
  • Loan-to-deposit ratio 84.43% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 47 in MI
View $100M-$1B leaderboard (MI) →

First Bank, Upper Michigan has 5 strengths but faces 2 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Revenue Diversifier: Top 17.1% in tier
  • + Profitability Leader: Top 37.2% in tier
  • + Net Interest Margin 0.40% above tier average
  • + Efficiency Ratio 5.93% below tier average
  • + Delinquency Rate 0.28% below tier average

Key Concerns

Areas that may need attention

  • - Credit Risk Growth: Bottom 5.9% in tier
  • - Credit Quality Pressure: Bottom 30.9% in tier
Get updates when First Bank, Upper Michigan releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Total Assets ? $629.5M
+1.7% YoY -0.4% QoQ
+$242.9M $386.6M
+1.2% YoY
$1.0B
+6.5% YoY
$6.3B
+7.7% YoY
83%
Total Loans ? $446.1M
+2.9% YoY +1.2% QoQ
+$187.7M $258.3M
+1.7% YoY
$767.2M
+9.2% YoY
$3.2B
+9.4% YoY
83%
Total Deposits ? $528.3M
+2.0% YoY -0.7% QoQ
+$201.6M $326.7M
+0.7% YoY
$806.0M
+5.9% YoY
$4.9B
+7.3% YoY
82%
Return on Assets ? 2.03%
+17.3% YoY +4.4% QoQ
+0.71% 1.32%
+10.8% YoY
1.18%
+20.1% YoY
1.30%
+12.1% YoY
Top 12.6% in tier
Net Interest Margin ? 4.39%
+7.5% YoY +1.5% QoQ
+0.40% 3.99%
+5.0% YoY
4.06%
+4.7% YoY
3.95%
+4.9% YoY
74%
Efficiency Ratio ? 58.55%
-3.7% YoY -1.0% QoQ
-5.93% 64.48%
-3.2% YoY
65.90%
-5.4% YoY
70.05%
+2.5% YoY
61%
Delinquency Rate ? 0.64%
+12.6% YoY +22.0% QoQ
-0.28% 0.92%
+15.7% YoY
0.85%
+32.2% YoY
0.98%
+16.3% YoY
40%
Loan-to-Deposit Ratio ? 84.43%
+0.8% YoY +2.0% QoQ
+6.48% 77.95%
+1.0% YoY
80.02%
+3.0% YoY
79.03%
+2.3% YoY
39%
Non-Interest-Bearing Deposit Share ? 19.12%
-12.1% YoY +9.7% QoQ
-2.91% 22.03%
-0.6% YoY
25.55%
-0.4% YoY
21.98%
-0.6% YoY
41%
Nonperforming Asset Ratio ? 0.46%
+12.2% YoY +23.5% QoQ
-0.21% 0.67%
+16.4% YoY
0.65%
+27.6% YoY
0.69%
+15.8% YoY
41%
Tier 1 Capital Ratio ? 15.96%
+6.6% YoY -0.9% QoQ
+0.05% 15.91%
+1.4% YoY
20.80%
-0.9% YoY
17.09%
+0.8% YoY
72%
Non-Interest Income / Assets ? 0.61%
+8.6% YoY +104.0% QoQ
+0.05% 0.57%
+7.6% YoY
0.38%
+3.3% YoY
0.66%
+5.2% YoY
Top 6.6% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Noninterest-Bearing 19.1%
-2.6pp YoY
+1.7pp QoQ
 -3.0pp 22.1% 25.9% 22.2% 41%
Brokered Deposits 0.0%
0.0pp YoY
0.0pp QoQ
 -7.9pp 7.9% 12.3% 8.5% 4%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
C&I 15.8%
-1.4pp YoY
-1.1pp QoQ
 +4.2pp 11.6% 12.8% 12.5% 78%
CRE 45.0%
+1.0pp YoY
+1.2pp QoQ
 +5.4pp 39.5% 45.9% 41.4% 62%
1-4 Family 30.1%
+2.4pp YoY
+0.1pp QoQ
 -2.5pp 32.6% 33.6% 31.3% 52%
Consumer 9.8%
-2.1pp YoY
-0.3pp QoQ
 +5.7pp 4.1% 4.6% 5.0% 92%

Capital

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
CET1 Ratio 16.0%
+1.0pp YoY
-0.1pp QoQ
 -2.9pp 18.8% 26.9% 19.7% 57%
Leverage Ratio 12.7%
+0.7pp YoY
+0.1pp QoQ
 +0.5pp 12.2% 12.3% 12.6% 72%
Total Capital Ratio 17.0%
+1.0pp YoY
-0.2pp QoQ
 -2.9pp 19.9% 27.9% 20.8% 57%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Full-Time Employees 122
+2 (+1.7%) YoY
+1 (+0.8%) QoQ
 +63 58 134 482 93%
Assets per Employee ($) $5.2M
0.0% YoY
-1.2% QoQ
 -$2.4M $7.5M $6.8M $8.8M 17%
Branch Count 9
0 YoY
0 QoQ
 +4 4 9 18 86%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Past Due 90+ Days 0.2%
+0.2pp YoY
+0.2pp QoQ
 -0.1pp 0.3% 0.2% 0.4% 68%
Nonaccrual 0.4%
-0.1pp YoY
-0.1pp QoQ
 -0.5pp 0.9% 0.8% 1.0% 48%
Allowance Coverage 1.81x
-12.7% YoY
-19.1% QoQ
 -22.34x 24.15x 6.79x 20.23x 44%
Net Charge-off Rate (YTD) 0.1%
0.0pp YoY
+0.1pp QoQ
 -0.1pp 0.1% 0.1% 0.2% 73%

Profitability

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
ROE 15.5%
+0.9pp YoY
+0.6pp QoQ
 +3.3pp 12.2% 11.7% 11.6% 70%
Cost of Funds (YTD) 1.6%
0.0pp YoY
0.0pp QoQ
 -0.1pp 1.7% 1.5% 1.7% 44%
Net Income ($, YTD) $6.4M
+20.0% YoY
— QoQ
 +$3.9M $2.6M $7.3M $40.4M 93%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (2)

Revenue Diversifier

growth
#114 of 661 • Top 17.1% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature
Noninterest Income / Assets: 0.61%
(Tier: 0.57%, National: 0.66%)
better than tier avg
Return on Assets: 2.03%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank improving

Profitability Leader

growth
#247 of 661 • Top 37.2% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature
Return on Assets: 2.03%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank improving

Concerns (2)

Credit Risk Growth

risk
#56 of 936 • Bottom 5.9% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

936 of 936 Community banks match · 1401 nationally
→ Stable -58 banks QoQ

Credit Quality Pressure

risk
#389 of 1256 • Bottom 30.9% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.64%
(Tier: 0.92%, National: 0.98%)
better than tier avg
1256 of 1256 Community banks match · 1820 nationally
→ Stable -71 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2643 peers in $100M-$1B

Top Strengths (5 metrics)

176
Non-Interest Income / Assets
revenue_mix
Value: 0.61%
Peer Median: 0.57%
#176 of 2643 Top 6.6% in $100M-$1B
335
Return on Assets
profitability
Value: 2.03%
Peer Median: 1.32%
#335 of 2643 Top 12.6% in $100M-$1B
438
Total Loans
size
Value: $446.07M
Peer Median: $258.35M
#438 of 2643 Top 16.5% in $100M-$1B
458
Total Assets
size
Value: $629.49M
Peer Median: $386.57M
#458 of 2643 Top 17.3% in $100M-$1B
464
Total Deposits
size
Value: $528.33M
Peer Median: $326.73M
#464 of 2643 Top 17.5% in $100M-$1B

Top Weaknesses (0 metrics)

No weakness rankings available
Powered by BlastPoint © 2026