First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Total Equity : $34.54 Mil (As of Sep. 2017)

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What is First Federal of Northern Michigan Bancorp Total Equity?

First Federal of Northern Michigan Bancorp's total equity for the quarter that ended in Sep. 2017 was $34.54 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

First Federal of Northern Michigan Bancorp Total Equity Historical Data

The historical data trend for First Federal of Northern Michigan Bancorp's Total Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Federal of Northern Michigan Bancorp Total Equity Chart

First Federal of Northern Michigan Bancorp Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Equity

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24.44

23.53

30.54

33.34

32.89

First Federal of Northern Michigan Bancorp Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Total Equity	Get a 7-Day Free Trial															34.56	32.89	33.49	34.42	34.54

First Federal of Northern Michigan Bancorp Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

First Federal of Northern Michigan Bancorp's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2016 )	-	Total Liabilities(Q: Dec. 2016 )
	=	344.94	-	312.051
	=	32.89

First Federal of Northern Michigan Bancorp's Total Equity for the quarter that ended in Sep. 2017 is calculated as

Total Equity	=	Total Assets(Q: Sep. 2017 )	-	Total Liabilities(Q: Sep. 2017 )
	=	336.288	-	301.747
	=	34.54

First Federal of Northern Michigan Bancorp Total Equity Related Terms

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First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Federal of Northern Michigan Bancorp Inc (OTCPK:FFNM) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.first-federal.com

First Federal of Northern Michigan Bancorp Inc operates as a full-service, community-oriented savings bank whose primary lending activity is the origination of one- to four-family residential real estate mortgages, commercial real estate loans, commercial loans, and consumer loans. Its primary services include accepting deposits, making a commercial, consumer and mortgage loans, and engaging in mortgage banking activities. Geographically all the operation of the group is functioned through the region of US.

Executives

Martin A Thomson

director