Firstbank Corporation Announces Cash Dividend on Common Stock

Firstbank Corporation Announces Cash Dividend on Common Stock

ALMA, Mich., Feb. 26, 2013 (GLOBE NEWSWIRE) -- Thomas R. Sullivan, President
and Chief Executive Officer of Firstbank Corporation (Nasdaq:FBMI), announced
today that a $0.06 per share cash dividend will be paid March 28, 2013, to
common stock shareholders of record as of March 12, 2013. As previously
announced, the Board is returning to its former practice of establishing a
regular quarterly cash dividend that reflects the expected annual earnings of
the company without a once per year special dividend. The intent is for the
next quarterly cash dividend on common stock to be declared in May for payment
in June, with specific dates and amounts determined at the time of
declaration.

Firstbank Corporation, headquartered in Alma, Michigan, is a bank holding
company using a community bank local decision-making format with assets of
$1.5 billion and 46 banking offices serving Michigan's Lower Peninsula. Bank
subsidiaries include Firstbank and Keystone Community Bank.

This press release contains forward-looking statements that involve risks and
uncertainties, for example statements concerning expected earnings and future
dividend dates and amounts. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date of this
press release.

CONTACT: Samuel G. Stone
         Executive Vice President and Chief Financial Officer
         (989) 466-7325
 
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