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): March 15, 2006

                First Federal of Northern Michigan Bancorp, Inc.
             (Exact name of registrant as specified in its charter)

          Maryland                      0-31957                  38-0135202
- -----------------------------   -----------------------    --------------------
(State or other jurisdiction     (Commission File No.)        (IRS Employer
of incorporation)                                           Identification No.)



100 S. Second Ave., Alpena, Michigan                                 49707
- ------------------------------------                          -----------------
(Address of principal executive offices)                           (Zip Code)


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

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

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[  ]  Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CRF 240.13e-4(c))





Item 8.01.    Other Events.

     On March 15,  2006,  the Board of  Directors  of First  Federal of Northern
Michigan Bancorp, Inc. (the "Company") declared a cash dividend on the Company's
common  stock of $0.05 per share for the  quarter  ending  March 31,  2006.  The
dividend will be payable to stockholders of record as of March 31, 2006 and will
be paid on April 21, 2006.

     A copy of the press release dated March 15, 2006, giving details associated
with the dividend is attached as Exhibit 99 to this report.

Item 9.01.    Financial Statements and Exhibits.

(a) Not Applicable.

(b) Not Applicable.

(c) Exhibits.

                  Exhibit No.             Description
                  ----------              -----------

                     99                   Press release dated March 15, 2006






                                   SIGNATURES

     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.

                                       FIRST FEDERAL OF NORTHERN MICHIGAN
                                       BANCORP, INC.


DATE:  March 16, 2006                  By: /s/ Amy E. Essex
                                           -----------------------------------
                                           Amy E. Essex
                                           Chief Financial Officer