EXHIBIT 99.2
Firstbank Corporation 401(k) Plan
Performance Table*
| VALUE | VALUE | VALUE | VALUE | VALUE | ||||||||||||||||
| AS OF | AS OF | AS OF | AS OF | AS OF | ||||||||||||||||
| FUND | 12/31/2008 | 12/31/2009 | 12/31/2010 | 12/31/2011 | 12/31/2012 | |||||||||||||||
| Vanguard Total Bond Market Index Fund | $ | 1,051.50 | $ | 1,115.01 | $ | 1,187.93 | $ | 1,279.28 | $ | 1,329.18 | ||||||||||
| 5.15 | % | 6.04 | % | 6.54 | % | 7.69 | % | 3.90 | % | |||||||||||
| Vanguard 500 Index Fund | $ | 630.30 | $ | 798.02 | $ | 918.13 | $ | 937.22 | $ | 1,086.90 | ||||||||||
| (36.97 | )% | 26.61 | % | 15.05 | % | 2.08 | % | 15.97 | % | |||||||||||
| T. Rowe Price Personal Income Fund | $ | 796.20 | $ | 998.99 | $ | 1,115.67 | $ | 1,125.60 | $ | 1,266.64 | ||||||||||
| (20.38 | )% | 25.47 | % | 11.68 | % | 0.89 | % | 12.53 | % | |||||||||||
| T. Rowe Price Retirement 2010 | $ | 732.90 | $ | 937.75 | $ | 1,056.84 | $ | 1,062.55 | $ | 1,194.73 | ||||||||||
| (26.71 | )% | 27.95 | % | 12.70 | % | 0.54 | % | 12.44 | % | |||||||||||
| T. Rowe Price Retirement 2015 | $ | 697.80 | $ | 916.56 | $ | 1,042.95 | $ | 1,039.62 | $ | 1,183.19 | ||||||||||
| (30.22 | )% | 31.35 | % | 13.79 | % | (0.32 | )% | 13.81 | % | |||||||||||
| T. Rowe Price Retirement 2020 | $ | 665.20 | $ | 892.63 | $ | 1,024.21 | $ | 1,011.92 | $ | 1,163.80 | ||||||||||
| (33.48 | )% | 34.19 | % | 14.74 | % | (1.20 | )% | 15.01 | % | |||||||||||
| T. Rowe Price Retirement 2030 | $ | 622.10 | $ | 855.82 | $ | 992.84 | $ | 966.03 | $ | 1,128.52 | ||||||||||
| (37.79 | )% | 37.57 | % | 16.01 | % | (2.70 | )% | 16.82 | % | |||||||||||
| T. Rowe Price Retirement 2040 | $ | 611.50 | $ | 850.41 | $ | 990.82 | $ | 956.24 | $ | 1,124.06 | ||||||||||
| (38.85 | )% | 39.07 | % | 16.51 | % | (3.49 | )% | 17.55 | % | |||||||||||
| T. Rowe Price Retirement Income | $ | 816.20 | $ | 996.34 | $ | 1,096.97 | $ | 1,112.65 | $ | 1,224.47 | ||||||||||
| (18.38 | )% | 22.07 | % | 10.10 | % | 1.43 | % | 10.05 | % | |||||||||||
| Vanguard Mid Cap Index Fund | $ | 582.20 | $ | 817.58 | $ | 1,027.05 | $ | 1,006.61 | $ | 1,167.87 | ||||||||||
| (41.78 | )% | 40.43 | % | 25.62 | % | (1.99 | )% | 16.02 | % | |||||||||||
| Columbia Acorn Fund Class Z | $ | 614.50 | $ | 858.15 | $ | 1,081.27 | $ | 1,031.42 | $ | 1,216.36 | ||||||||||
| (38.55 | )% | 39.65 | % | 26.00 | % | (4.61 | )% | 17.93 | % | |||||||||||
| Vanguard Small Cap Index Fund | $ | 640.00 | $ | 872.58 | $ | 1,115.59 | $ | 1,085.69 | $ | 1,283.83 | ||||||||||
| (36.00 | )% | 36.34 | % | 27.85 | % | (2.68 | )% | 18.25 | % | |||||||||||
| Columbia Small Cap Value Fund | $ | 1,247.40 | $ | 1,572.47 | $ | 1,478.12 | $ | 1,646.33 | ||||||||||||
| (since inception) | 24.74 | % | 26.06 | % | (6.00 | )% | 11.38 | % | ||||||||||||
| Vanguard Total International Stock Index Fund | $ | 1,367.00 | $ | 1,168.51 | $ | 1,381.30 | ||||||||||||||
| (since inception) | 36.70 | % | (14.52 | )% | 18.21 | % | ||||||||||||||
| T Rowe Price Retirement 2045 | $ | 1,391.00 | $ | 1,619.68 | $ | 1,563.48 | $ | 1,838.96 | ||||||||||||
| (since inception) | 39.10 | % | 16.44 | % | (3.47 | )% | 17.62 | % | ||||||||||||
| T Rowe Price Retirement 2050 | $ | 1,389.00 | $ | 1,616.93 | $ | 1,562.61 | $ | 1,836.84 | ||||||||||||
| (since inception) | 38.90 | % | 16.41 | % | (3.36 | )% | 17.55 | % | ||||||||||||
EXHIBIT 99.2
Firstbank Corporation 401(k) Plan
Performance Table*
(continued)
| VALUE | VALUE | VALUE | VALUE | VALUE | ||||||||||||||||
| AS OF | AS OF | AS OF | AS OF | AS OF | ||||||||||||||||
| FUND | 12/31/2008 | 12/31/2009 | 12/31/2010 | 12/31/2011 | 12/31/2012 | |||||||||||||||
| Vanguard Short Term Treasury | $ | 1,014.40 | $ | 1,041.18 | $ | 1,064.71 | $ | 1,071.63 | ||||||||||||
| (since inception) | 1.44 | % | 2.64 | % | 2.26 | % | 0.65 | % | ||||||||||||
| Fidelity Advisor New Insights Fund | $ | 1,163.40 | $ | 1,154.91 | $ | 1,340.96 | ||||||||||||||
| (since inception) | 16.34 | % | (0.73 | )% | 16.11 | % | ||||||||||||||
| T. Rowe Price Mid Cap Growth Fund | $ | 1,280.60 | $ | 1,265.10 | $ | 1,441.08 | ||||||||||||||
| (since inception) | 28.06 | % | (1.21 | )% | 13.91 | % | ||||||||||||||
| Goldman Sachs Mid Cap Value Fund | $ | 1,248.50 | $ | 1,170.34 | $ | 1,387.33 | ||||||||||||||
| (since inception) | 24.85 | % | (6.26 | )% | 18.54 | % | ||||||||||||||
| Vanguard Short Term Investment Grade Fund | $ | 1,052.10 | $ | 1,072.41 | $ | 1,120.88 | ||||||||||||||
| (since inception) | 5.21 | % | 1.93 | % | 4.52 | % | ||||||||||||||
| Vanguard Intermediate Term Treasury Fund | $ | 1,073.50 | $ | 1,178.70 | $ | 1,208.88 | ||||||||||||||
| (since inception) | 7.35 | % | 9.80 | % | 2.56 | % | ||||||||||||||
| Blackrock Equity Dividend Fund | $ | 1,121.80 | ||||||||||||||||||
| (since inception) | 12.18 | % | ||||||||||||||||||
| Manning & Napier World Opportunities Fund | $ | 1,188.10 | ||||||||||||||||||
| (since inception) | 18.81 | % | ||||||||||||||||||
| Mathews Pacific Tiger Fund | $ | 1,210.00 | ||||||||||||||||||
| (since inception) | 21.00 | % | ||||||||||||||||||
| Delaware Emerging Markets Fund | $ | 1,167.20 | ||||||||||||||||||
| (since inception) | 16.72 | % | ||||||||||||||||||
| Northern Institutional Treasury Portfolio Fund | $ | 1,000.20 | ||||||||||||||||||
| (since inception) | 0.02 | % | ||||||||||||||||||
| Firstbank Stock Fund | $ | 633.10 | $ | 703.56 | $ | 496.36 | $ | 437.59 | $ | 939.78 | ||||||||||
| (36.69 | )% | 11.13 | % | (29.45 | )% | (11.84 | )% | 114.76 | % | |||||||||||
| *All assume an initial investment on 1/01/2008, or inception date of the fund, of $1,000.00. |