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): September 27, 2002

                             Alpena Bancshares, Inc.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

     United States                      0-31957                   38-3567362
- ----------------------------     ---------------------     ---------------------
(State or other jurisdiction     (Commission File No.)       (I.R.S. Employer
      of incorporation)                                     Identification No.)




Registrant's telephone number, including area code:  (989) 356-9041



                                 Not Applicable
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)







Item 5.           Other Events.
                  ------------

     James D.  Hubinger,  the  Treasurer and Chief  Financial  Officer of Alpena
Bancshares,  Inc. and its bank subsidiary,  First Federal of Northern  Michigan,
resigned on September 27, 2002.  Michael W. Mahler will succeed Mr.  Hubinger in
these  positions  on or about  November 1, 2002.  Mr.  Mahler is  currently  the
Corporate Controller of Besser Company of Alpena, Michigan.

     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.

                                   ALPENA BANCSHARES, INC.



DATE:  October 17, 2002            By:     /s/ Martin A. Thomson
                                           -------------------------------------
                                           Martin A. Thomson
                                           President and Chief Executive Officer