FIRSTBANK CORP
Financials · State Commercial Banks · MI · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | $12.2M | $10.5M | $5.6M | $3.8M |
| Total assets | $1.48B | $1.50B | $1.49B | $1.46B |
| Total liabilities | $1.34B | $1.35B | $1.33B | $1.31B |
| Equity | $137.6M | $147.1M | $155.4M | $148.4M |
| EPS (diluted) | $1.45 | $1.16 | $0.50 | $0.27 |
| Shares out. | 8.0M | 8.0M | 7.8M | 7.80B |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- —
- Net margin
- —
- Return on equity
- 8.9%
- Return on assets
- 0.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 90.7%
- Debt / equity
- 9.75×
- Book value / share
- $17.15
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 16.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2013- Accruals / assets
- −0.9%clean
- Piotroski F-Score
- 4/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 2 good- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Fultz David WDirector | Jun 1, 2014 | J | 12,108.635 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer changeJun 2, 2014
- Regulation FD disclosure · Other material eventMay 8, 2014
- Results of operationsApr 29, 2014
- Entered a material agreement · Amended charter or bylaws · Other material eventFeb 21, 2014
- Results of operations · Director / officer changeJan 28, 2014
- Shareholder vote · Regulation FD disclosureDec 12, 2013
- Regulation FD disclosure · Other material eventDec 10, 2013
- Other material eventDec 3, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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