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                32-0135202
- ----------------------------      --------------        ------------------
(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 May 12,  2005,  First  Federal of Northern  Michigan  Bancorp,  Inc.
issued a press release regarding its earnings for the fiscal quarter ended March
31, 2005.

         A copy  of the  press  release  dated  May  12,  2005,  giving  details
associated  with the  company's  earnings is  attached  as Exhibit  99.1 to this
report. The information included in Exhibit 99.1 is considered to be "furnished"
under the Securities Exchange Act of 1934.

Item 9.01.   Financial Statements and Exhibits.

(a) Not Applicable.

(b) Not Applicable.

(c) Exhibits.

                  Exhibit No.               Description
                  ---------                 -----------
                     99.1                   Press release dated May 12, 2005






                                   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:  May 13, 2005           By: /s/ Michael W. Mahler
                                  -----------------------------------
                                  Michael W. Mahler
                                  Executive Vice President

EX-99.1

                                  EXHIBIT 99.1

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




FOR IMMEDIATE RELEASE
May 12, 2005

Contact:     Martin A. Thomson
             President and Chief Executive Officer
             First Federal of Northern Michigan Bancorp, Inc.
              (989) 356-9041

                FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
                           FIRST QUARTER 2005 EARNINGS


Alpena, Michigan - (May 12, 2005) First Federal of Northern Michigan Bancorp,
Inc. (Nasdaq: FFNM) (the "Company"), the successor company of Alpena Bancshares,
Inc. reported consolidated net earnings of $142,011, or $.09 per share for the
quarter ended March 31, 2005 compared to a loss of $14,404 or $.01 per share for
the quarter ended March 31, 2004. Earnings per share is calculated based on
outstanding shares of Alpena Bancshares, Inc. of 1,659,480 and 1,658,554 at
March 31, 2005 and 2004, respectively.

Interest income increased to $3.5 million for the three months ended March 31,
2005 from $3.1 million for the same period ended March 31, 2004. The increase in
interest income was due primarily to a $9.5 million increase in average balances
of commercial loans from March 31 2004 to March 31, 2005, reflecting the
Company's continued emphasis on commercial lending, and an increase in yield on
adjustable rate loans over the same period, reflecting higher market interest
rates.

Interest expense increased to $1.6 million for the three months ended March 31,
2005 from $ 1.4 million for the three months ended March 31, 2004. This increase
was due primarily to an increase in average interest-bearing deposits of $24.1
million from March 31, 2004 to March 31, 2005, as well as an increase of 9 basis
points in the costs of those funds.

Stockholders' equity decreased to $21.6 million at March 31, 2005 from $21.8
million at March 31, 2004. Earnings of $142,011 were offset by a dividend
declaration of $79,948 and loss in value of available-for-sale securities of
$263,185. The loss in value of these securities was not considered my management
to be other than temporary.



Total assets of the Company at March 31, 2005 were $264.6 million compared to
$262.8 million at December 31, 2004. The asset quality of the Company remains
strong, with reserves allocated in an amount the Company believes to be adequate
to absorb probable losses. The ratio of total nonperforming assets to total
assets was 0.95% at March 31, 2005 compared to 0.66% at December 31, 2004.

Safe Harbor Statement

This news release and other releases and reports issued by the Company,
including reports to the Securities and Exchange Commission, may contain
"forward-looking statements." The Company cautions readers not to place undue
reliance on any such forward-looking statements, which speak only as of the date
made. The Company is including this statement for purposes of taking advantage
of the safe-harbor provisions of the Private Securities Litigation Reform Act of
1995.


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