Maki named president of First Bank

GLADSTONE — The Board of Directors of First Bancshares Corporation appointed Todd D. Maki the new President and CEO of First Bank, Upper Michigan effective March 1, announced Jeanine K. Dagenais, chairperson.

In fourth quarter 2017, Northern Michigan Bank & Trust and First Bank, Upper Michigan, both owned by parent company First Bancshares, merged their organizations. First Bank, Upper Michigan now has 10 locations, including two in Gladstone and Escanaba, as well as locations in Garden, Bark River, Iron Mountain, Kingsford, Marquette and Ishpeming. In addition to retail and commercial banking services, First Bank offers trust and investment services through their Investment Management Group.

Todd Maki has most recently served as the South Central Regional President of First Bank, and prior to that President and CEO of First Bank, Upper Michigan subsequent to the merger with Northern Michigan Bank & Trust. He has been with the organization for 20 years, and is a lead commercial lender.

Prior to his employment with First Bank, Maki served the communities of Ishpeming and Escanaba at Michigan Financial Corporation in the areas of lending and management. He is a graduate of Northern Michigan University where he earned his bachelor’s degree in business management. Maki is a graduate of the Northern Michigan School of Banking, as well as the Michigan Bankers Association Commercial Lending School. Originally from Ishpeming, he resides in Gladstone with wife, Lisa, and three children. He is a member of the Escanaba Rotary Club and coaches youth sports.

Maki replaces Randall J. Peterson, who joined the organization in 2012. Peterson had been president and CEO of First Bank prior to his move to president and CEO of Northern Michigan Bank & Trust after the acquisition, and most recently president and CEO of the merged institutions. Peterson will assume the role of EVP management consultant for First Bank, Upper Michigan.