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Firstbank Corporation Consolidated Statements of Changes in Shareholders’ Equity (USD $)
In Thousands
Common Stock [Member]
Preferred Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balances at Dec. 31, 2010 $ 115,224 $ 32,763 $ 295 $ 146 $ 148,428
Net income     5,623   5,623
Cash dividends on common stock     (313)   (313)
Accrued dividends on preferred stock and   29 (1,679)   (1,650)
Amortization of stock warrants (29)   29   0
Issuance of shares of common stock through the dividend reinvestment plan 62       62
Issuance of shares of common stock from supplemental shareholder investments 197       197
Issuance of shares of common stock 162       162
Stock option and restricted stock expense 118       118
Net change in unrealized gain/(loss) on securities available for sale, net of tax       2,750 2,750
Balances at Dec. 31, 2011 115,734 32,792 3,955 2,896 155,377
Net income     4,821   4,821
Cash dividends on common stock     (554)   (554)
Accrued dividends on preferred stock and   15 (840)   (825)
Redemption of 16,000 shares of preferred stock 850 (15,906)     (15,056)
Amortization of stock warrants (15)   15   0
Issuance of shares of common stock through the dividend reinvestment plan 109       109
Issuance of shares of common stock from supplemental shareholder investments 13       13
Issuance of shares of common stock 351       351
Stock option and restricted stock expense 45       45
Net change in unrealized gain/(loss) on securities available for sale, net of tax       862 862
Balances at Jun. 30, 2012 $ 117,087 $ 16,901 $ 7,397 $ 3,758 $ 145,143