EXHIBIT 99 PRESS RELEASE OF FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. FOR IMMEDIATE RELEASE December 13, 2005 Contact: Martin A. Thomson President and Chief Executive Officer First Federal of Northern Michigan Bancorp, Inc. (989) 356-9041 FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP QUARTERLY DIVIDEND ALPENA, Michigan - December 13, 2005 - First Federal of Northern Michigan Bancorp, Inc. (the "Company") (NASDAQ: FFNM) announced the approval by its Board of Directors of a cash dividend on its common stock of $0.05 per share for the quarter ended December 31, 2005. The dividend will be payable to stockholders of record as of December 31, 2005 and will be paid on January 20, 2006. The Company has 3,115,510 shares of common stock outstanding. The Company is the unitary savings and loan holding company of First Federal of Northern Michigan, a federal savings bank headquartered in Alpena, Michigan. * * * (End)