ALPENA, Mich., Feb. 24, 2017 /PRNewswire/ -- First Federal of Northern Michigan Bancorp, Inc. (OTCQX: FFNM) (the "Company") reported consolidated net income of $547,000, or $0.15 per basic and diluted share, for the quarter ended December 31, 2016 compared to $805,000, or $0.22 per basic...