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First Federal of Northern Michigan Bancorp, Inc. (FFNM)
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Create: Alert |
All | News | Filings
| Date Filed | Type | Description |
| 12/15/2015 |
8-K
| Quarterly results |
| 10/23/2015 |
8-K
| Quarterly results|
Docs:
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"Contact: Michael W. Mahler",
"Performance Highpoints: Listed below are highlights related to the Company’ s results for the three and nine months ended September 30, 2015: Total assets increased $12.0 million while total loans increased $4.4 million, available-for-sale securities increased $11.0 million and deposits increased $8.6 million during the nine months ended September 30, 2015. Quarter over quarter increase of $273,000 to net income, with an increase of $693,000 for the nine month period year over year. An increase of $273,000 to interest income quarter over quarter and a year over year increase of $1.5 million. Provision for loan loss resulted in recoveries of $4,000 and $26,000 for the three and nine months ended September 30, 2015, respectively, as compared to provisions of $257,000 and $273,000 for the thr..." |
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| 07/27/2015 |
8-K
| Quarterly results |
| 07/22/2015 |
8-K
| Other Events, Financial Statements and Exhibits |
| 05/14/2015 |
8-K
| Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits |
| 04/24/2015 |
8-K
| Quarterly results |
| 04/15/2015 |
8-K
| Other Events, Financial Statements and Exhibits |
| 03/03/2015 |
8-K
| Results of Operations and Financial Condition, Financial Statements and Exhibits|
Docs:
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"Performance Highlights: The Company reported net income of $2.2 million for the year ended December 31, 2014 as compared to $55,000 for 2013, primarily as a result of the following year over year differences: Increase in net interest income of $849,000 as a result of interest earning assets acquired in the merger with Bank of Alpena. Provision for loan losses of $284,000 in 2014 as compared to $637,000 in 2013, due primarily to the charge-off of $589,000 on a commercial participation loan in 2013. An increase of $307,000 in salaries and benefits and $134,000 in other expenses, as a result of the merger, and $172,000 in valuation reserves recorded on real estate owned, other repossessed assets and a former branch that was listed for sale. Net interest margin decreased to 3.31% in 2014 from ..." |
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| 01/23/2015 |
8-K
| Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits |
| 12/19/2014 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements... |
| 11/04/2014 |
8-K
| Quarterly results |
| 10/20/2014 |
8-K
| Other Events, Financial Statements and Exhibits |
| 08/08/2014 |
8-K
| Completion of Acquisition or Disposition of Assets, Departure of Directors or Certain Officers; Election of Directors; Appoin... |
| 08/01/2014 |
8-K
| Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits |
| 07/24/2014 |
8-K
| Quarterly results|
Docs:
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"Asset Quality Total nonperforming assets to total assets decreased from 3.03% at June 30, 2013 to 1.95% at December 31, 2013 and further decreased to 1.78% at June 30, 2014. Non-performing assets decreased by $169,000 from December 31, 2013 to June 30, 2014. The Company continues to closely monitor non-performing assets and has taken a variety of steps to reduce the level thereof, such as: Timely pursuit of foreclosure and/or repossession options coupled with quick and aggressive marketing efforts of repossessed assets. Restructuring loans, where feasible, to assist borrowers in working through this financially challenging time. Allowing borrowers to structure short-sales of properties, where appropriate and feasible. Working with borrowers to find a means of reducing outstanding debt . As..." |
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| 07/17/2014 |
8-K
| Other Events, Financial Statements and Exhibits |
| 05/16/2014 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements... |
| 04/28/2014 |
8-K
| Quarterly results |
| 04/15/2014 |
8-K
| Other Events, Financial Statements and Exhibits |
| 03/18/2014 |
8-K
| Results of Operations and Financial Condition, Financial Statements and Exhibits |
| 01/29/2014 |
8-K
| Entry into a Material Definitive Agreement, Financial Statements and Exhibits |
| 01/22/2014 |
8-K
| Other Events, Financial Statements and Exhibits |
| 11/01/2013 |
8-K
| Form 8-K - Current report |
| 10/18/2013 |
8-K
| Form 8-K - Current report |
| 08/02/2013 |
8-K
| Form 8-K - Current report |
| 06/07/2013 |
8-K
| Form 8-K - Current report |
| 05/16/2013 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements... |
| 05/03/2013 |
8-K
| Form 8-K - Current report |
| 04/19/2013 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements... |
| 03/22/2013 |
8-K
| Form 8-K - Current report |
| 01/15/2013 |
8-K
| Form 8-K - Current report |
| 10/29/2012 |
8-K
| Form 8-K - Current report |
| 08/08/2012 |
8-K
| Form 8-K - Current report |
| 05/16/2012 |
8-K
| Form 8-K - Current report |
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