Vmbook Online ordering

First Federal Of Northern Michigan Bancorp Inc

First Federal of Northern Michigan Bancorp Inc. is a publicly-traded company listed on the OTCQX under the ticker symbol "FFNM." It is a bank holding company that owns and operates First Federal of Northern Michigan, a community bank that provides financial services to individuals, families, and businesses in Northern Michigan.

As of March 2023, First Federal of Northern Michigan Bancorp Inc. has a market capitalization of around $177.8 million. Their stocks have been traded on the OTC market, and their average volume of shares traded in the last three months is 1,480. The company's stock price has ranged from $22.00 to $33.00 over the past 52 weeks.

In terms of financial performance, First Federal of Northern Michigan Bancorp Inc. reported total assets of $1.38 billion, loans of $946.8 million, and deposits of $1.12 billion as of December 31, 2022. The company's net income for 2022 was $11.7 million, and its return on average equity (ROE) was 9.51% compared to the industry average of 10.35%.

First Federal of Northern Michigan Bancorp Inc. is a small-cap bank holding company with a significant presence in Northern Michigan. They have consistently delivered impressive financial performance over the years, and their stock has outperformed the industry average in terms of ROE. However, it's important to remember that investing in the stock market always carries risk and should be done with thorough research and consultation with a financial advisor.