8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): April 1, 2005

                First Federal of Northern Michigan Bancorp, Inc.
             (Exact name of registrant as specified in its charter)

          Maryland                       0-31957                  38-3567362
- ----------------------------      ---------------------      -------------------
(State or other jurisdiction      (Commission File No.)         (IRS Employer
      of incorporation)                                      Identification No.)



100 S. Second Ave., Alpena, Michigan                                   49707
- ------------------------------------                               ------------
(Address of principal executive offices)                            (Zip Code)


Registrant's telephone number, including area code:  (989) 356-9041


                                 Not Applicable
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications  pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[ ]  Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17
     CFR 240.14a-12)

[ ]  Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement  communications  pursuant  to Rule  13e-4(c)  under the
     Exchange Act (17 CFR 240.13e-4(c))






Item 8.01.      Other Events.

     On April 1, 2005,  First Federal of Northern  Michigan  Bancorp,  Inc. (the
"Company")  completed  its stock  offering in  connection  with the  second-step
conversion of Alpena  Bancshares,  M.H.C.  The Company,  the successor to Alpena
Bancshares,  Inc.,  is the stock  holding  company of First  Federal of Northern
Michigan, a federal savings association.

     A copy of the press release dated April 1, 2005, giving details  associated
with the transaction is attached as Exhibit 99.1 to this report.

Item 9.01.      Financial Statements and Exhibits.

(a)  Not Applicable.

(b)  Not Applicable.

(c)  Exhibits.

        Exhibit No.             Description
        -----------             -----------

          99.1                  Press release dated April 1, 2005




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                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, hereunto duly authorized.

                                          FIRST FEDERAL OF NORHTERN MICHIGAN
                                          BANCORP, INC.


DATE:  April 5, 2005                 By:  /s/ Michael W. Mahler
                                          --------------------------------------
                                          Michael W. Mahler
                                          Executive Vice President



















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EX-99.1

                                  EXHIBIT 99.1

        PRESS RELEASE OF FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.




                                                           FOR IMMEDIATE RELEASE
April 1, 2005

Contact:     Martin A. Thomson
             President and Chief Executive Officer
             Alpena Bancshares, Inc.
             (989) 356-9041

                FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
                          COMPLETES STOCK OFFERING AND
               SECOND-STEP CONVERSION OF ALPENA BANCSHARES, M.H.C.

     Alpena,  Michigan - (April 1, 2005)  First  Federal  of  Northern  Michigan
Bancorp,  Inc. (Nasdaq:  FFNM)(the  "Company") announced today that it completed
its stock  offering in  connection  with the  second-step  conversion  of Alpena
Bancshares, M.H.C. The Company, the successor to Alpena Bancshares, Inc., is the
stock holding company of First Federal of Northern  Michigan,  a federal savings
association.

     In the stock offering,  shares  representing  Alpena  Bancshares,  M.H.C.'s
ownership interest in Alpena Bancshares, Inc. were sold to investors. A total of
1,699,869  shares of common  stock were sold at $10.00 per share.  In  addition,
each  outstanding  share of common  stock of Alpena  Bancshares,  Inc. as of the
close of trading on April 1, 2005 was converted into the right to receive 1.8477
shares of the Company's  common stock.  Holders of stock  certificates of Alpena
Bancshares,  Inc.  will  receive  documentation  to effect  the share  exchange;
stockholders  whose  shares  are held in  street  name  will  have the  exchange
effected  automatically.  Cash will be issued in lieu of fractional  shares at a
rate of $10.00 per share.  The Company also issued 33,997 shares of common stock
and contributed  $339,997 in cash to First Federal Community  Foundation,  a new
charitable foundation established in the conversion.

     As a result of the  transaction,  the Company will have 3,100,191 shares of
common stock issued and outstanding,  subject to adjustment for cash payments in
lieu of fractional shares.

     Shares of the  Company's  common  stock will  trade on the Nasdaq  National
Market under the symbol "FFNM" beginning Monday, April 4, 2005.

     The  subscription  offering  was  managed by Ryan Beck and Co.,  Inc.  Luse
Gorman Pomerenk & Schick P.C. acted as special legal counsel to First Federal of
Northern Michigan Bancorp, Inc. and First Federal of Northern Michigan.


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