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Article: First Federal of Northern Michigan Bancorp, Inc. Announces Second Quarter 2009 Results.

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PR Newswire
Article date:
August 6, 2009
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ALPENA, Mich., Aug. 6 /PRNewswire-FirstCall/ -- First Federal of Northern Michigan Bancorp, Inc. (the "Company") reported consolidated net income from continuing operations of $42,000, or $0.01 per basic and diluted share, for the quarter ended June 30, 2009 compared to consolidated net loss from continuing operations of $236,000, or $0.08 per basic and diluted share, for the quarter ended June 30, 2008.

Consolidated net income from continuing operations for the six months ended June 30, 2009 was $189,000, or $0.07 per basic and diluted share, compared to consolidated net loss from continuing operations of $250,000, or $0.09 per basic and diluted share, for the ...

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