FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) financial statements (2020 and earlier)

Company profile

Business Address 100 SOUTH SECOND AVENUE
ALPNEA, MI 49707
State of Incorp.
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2333
Cash and cash equivalents2333
Disposal group, including discontinued operation0  
Total current assets:2333
Noncurrent Assets
Property, plant and equipment655
Intangible assets, net (including goodwill)100
Intangible assets, net (excluding goodwill)100
Total noncurrent assets:856
Other undisclosed assets295202206
TOTAL ASSETS:326210214
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt5  
Total current liabilities:5  
Noncurrent Liabilities
Other undisclosed liabilities290186189
Total liabilities:295186189
Stockholders' equity
Stockholders' equity attributable to parent312424
Common stock000
Treasury stock, value(3)(3)(3)
Additional paid in capital282424
Accumulated other comprehensive income (loss)0(0)1
Retained earnings533
Total stockholders' equity:312424
TOTAL LIABILITIES AND EQUITY:326210214

Income statement (P&L) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Revenues10  
Net investment income8  
Cost of revenue
(Financial Services Costs)
(0)(1)(1)
Gross profit:9(1)(1)
Operating expenses(8)(5)(6)
Other operating income, net
(Noninterest Income, Other Operating Income)
000
Operating income (loss):2(6)(7)
Nonoperating income (expense)20(0)
Investment income, nonoperating2  
Gains (losses) on sales of other real estate(0)0(0)
Interest and debt expense(1)(1)(2)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(1)78
Income (loss) from continuing operations before income taxes:20(0)
Income tax expense(1)  
Net income (loss):10(0)
Other undisclosed net income attributable to parent1  
Net income (loss) available to common stockholders, diluted:20(0)

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):10(0)
Comprehensive income (loss):10(0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1(1)0
Comprehensive income (loss), net of tax, attributable to parent:3(1)(0)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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