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First Federal of Northern Michigan Bancorp (FFNM)

First Federal of Northern Michigan Bancorp (FFNM)
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Alpena Bancshares is the parent corporation for First Federal of Northern Michigan, a federally-chartered savings bank headquartered in Alpena, Michigan. Their deposits are insured by the Federal Deposit Insurance Corporation. They operate nine full-service offices in their market area of Northern Michigan.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Sales 13,370 12,540 12,610 12,580 10,080
Sales Growth +6.62% -0.56% +0.24% +24.80% -12.50%
Net Income 620 1,310 3,430 2,250 60
Net Income Growth -52.67% -61.81% +52.44% +3,650.00% +128.57%
(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Total Assets 325,870 209,660 213,830 217,050 215,730
Total Assets Growth +55.43% -1.95% -1.48% +0.61% -7.61%
Total Liabilities 295,330 186,130 189,400 192,480 192,500
Total Liabilities Growth +58.67% -1.73% -1.60% -0.01% -8.53%
(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Operating Cash Flow 1,710 2,060 2,150 2,240 3,550
Operating Cash Flow Growth -16.99% -4.19% -4.02% -36.90% +438.10%
Net Cash Flow 8,710 10 0 790 -1,140
Change in Net Cash Flow +87,000.01% unch -100.00% +169.30% -208.11%
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