# SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

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[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d)
                                      OF THE SECURITIES EXCHANGE ACT OF 1934
                                   For the quarterly period ended March 31, 2003
                                                        OR
                               [     ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d)
                                      OF THE SECURITIES EXCHANGE ACT OF 1934
                                For the transition period from ________ to _______
                                          Commission file number 0-25752

FNBH BANCORP, INC.

                              (Exact name of registrant as specified in its charter)

|MICHIGAN
(State or other jurisdiction of
incorporation or organization) | 38-2869722
 (I.R.S. Employer
Identification No.)
|----------------------------------------------------------------------- | ------------------------------------------------

101 East Grand River, Howell, Michigan 48843

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (517)546-3150

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Indicate by check mark whether the
registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.    Yes X No

The number of shares outstanding of
each of the issuers classes of common stock, as of the latest practicable date: 3,160,854
shares of the Companys Common Stock (no par value) were outstanding as of May 8,
2003.



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INDEX

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |           | PageNumber
|-------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------- | ----------
|Part I.  | Financial Information (unaudited):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|         | Item 1.                                                                                         
Interim Financial Statements:                                                                          
Consolidated Balance Sheets as of March 31, 2003 and Dec. 31, 2002.....................................                            
Consolidated Statements of Income, three months ended                                                  
March 31, 2003 and 2002...........................................................................................................
Consolidated Statements of Stockholders' Equity and Comprehensive                                      
Income for three months ended March 31, 2003 and 2002........................................................                       
Consolidated Statements of Cash Flows for three months ended                                           
March 31, 2003 and 2002...........................................................................................................
Notes to Interim Consolidated Financial Statements.................................................................. | 4
5
6
7
8
|         | Item 2.
Management's Discussion and Analysis of
Financial Condition and Results of Operations.........................................................................                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 9        
|         | Item 3.
Quantitative and Qualitative Disclosures about Market Risk...................................................                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 20       
|Part II. | Other Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|         | Item 6.........................................................................................................................................                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 20       
|         | Signatures...................................................................................................................................                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 21       

2

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PART I  FINANCIAL
INFORMATION

Item 1.Financial Statements Unaudited interim consolidated
financial statements follow.

3

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# FNBH BANCORP, INC. AND
SUBSIDIARY

`Consolidated Balance Sheets (Unaudited)                                             March 31     December 31
Assets                                                                                  2003            2002
                                                                                        ----            ----
Cash and due from banks                                                         $ 14,500,201    $ 13,389,226
Short-term investments                                                             4,757,830      19,649,178
                                                                                   ---------      ----------
   Total cash and cash equivalents                                                19,258,031      33,038,404

Certificates of deposit                                                            4,775,000       3,880,000
Investment securities held to maturity, net (fair value of $17,442,462
   at March 31, 2003 and $18,010,672 at Dec. 31, 2002)                            16,416,563      16,863,210
Investment securities available for sale, at fair value                           18,690,779      16,753,001
Mortgage-backed securities held to maturity, net (fair value of
   $26,173 at December 31, 2002)                                                    -                 26,033
Mortgage-backed securities available for sale, at fair value                       8,067,176       9,924,802
FHLBI and FRB stock, at cost                                                       1,044,250       1,044,250
                                                                                   ---------       ---------
      Total investment securities                                                 44,218,768      44,611,296

Loans:
   Commercial                                                                    270,066,426     263,002,466
   Consumer                                                                       32,737,532      33,666,705
   Real estate mortgages                                                          32,206,685      31,291,141
                                                                                  ----------      ----------
      Total loans                                                                335,010,643     327,960,312
   Less unearned income                                                              876,891         843,052
   Less allowance for loan losses                                                  5,972,979       5,794,399
                                                                                   ---------       ---------
      Net loans                                                                  328,160,773     321,322,861

Bank premises and equipment, net                                                  10,649,606      10,256,828
Land available for sale, net                                                       1,530,290       1,530,290
Other real estate owned, held for sale                                               193,959         738,206
Accrued interest and other assets                                                  5,679,455       5,308,124
                                                                                   ---------       ---------
      Total assets                                                              $414,465,882    $420,686,009
                                                                                ============    ============

Liabilities and Stockholders' Equity
Liabilities
Deposits:
   Non-interest bearing demand                                                  $ 65,068,012    $ 62,231,909
   NOW                                                                            38,473,241      41,423,298
   Savings and money market                                                      131,078,331     138,961,869
   Time                                                                          132,478,274     131,455,135
                                                                                 -----------     -----------
      Total deposits                                                             367,097,858     374,072,211
Other borrowings                                                                   5,327,708       5,569,255
Accrued interest, taxes and other liabilities                                      3,705,834       3,464,929
                                                                                   ---------       ---------
      Total liabilities                                                          376,131,400     383,106,395

Stockholders' Equity
Common stock, no par value.  Authorized 4,200,000 shares; 3,158,914
   shares issued and outstanding at March 31, 2003 and 3,157,798 shares
   issued and outstanding at December 31, 2002                                     5,488,298       5,465,089
Retained earnings                                                                 32,466,638      31,685,849
Long-term incentive plan                                                           (220,735)       (247,282)
Accumulated other comprehensive income, net                                          600,281         675,958
                                                                                     -------         -------
      Total stockholders' equity                                                  38,334,482      37,579,614
      Total liabilities and stockholders' equity                                $414,465,882    $420,686,009
                                                                                ============    ============`

See notes to interim consolidated
financial statements

4

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# FNBH BANCORP, INC. AND
SUBSIDIARY

`Consolidated Statements of Income (Unaudited)                                Three months ended March 31
                                                                                2003                    2002
                                                                                ----                    ----
Interest and dividend income:
   Interest and fees on loans                                            $ 5,661,738             $ 5,617,526
   Interest and dividends on investment securities:
      U.S. Treasury and agency securities                                    228,934                 343,972
      Obligations of state and political subdivisions                        202,099                 218,721
      Corporates                                                              47,469                 128,926
      Other securities                                                           327                  11,873
   Interest certificates of deposit and other bank deposits                   78,380                  76,363
                                                                              ------                  ------
      Total interest and dividend income                                   6,218,947               6,397,381
                                                                           ---------               ---------

Interest expense:
   Interest on deposits                                                    1,624,084               2,015,614
   Interest on other borrowings                                               97,742                 117,665
                                                                              ------                 -------
      Total interest expense                                               1,721,826               2,133,279
                                                                           ---------               ---------

      Net interest income                                                  4,497,121               4,264,102

Provision for loan losses                                                    325,000                      -
                                                                             -------                 -------
      Net interest income after provision for loan losses                  4,172,121               4,264,102
                                                                           ---------               ---------

Non-interest income:
   Service charges                                                           747,153                 643,803
   Gain on sale of loans                                                     141,422                 107,361
   Gain of sale/call of investments                                                -                   2,781
   Trust fees                                                                 54,072                  45,404
   Other                                                                     (5,801)                 (3,999)
                                                                             -------                 -------
      Total non-interest income                                              936,846                 795,350
                                                                             -------                 -------

Non-interest expense:
   Salaries and employee benefits                                          1,789,382               1,565,087
   Net occupancy                                                             236,321                 205,831
   Equipment expense                                                         280,985                 210,489
   Professional and service fees                                             139,615                 135,021
   Printing and supplies                                                      67,455                  72,055
   Advertising                                                                71,966                  86,482
   Other                                                                     632,069                 525,135
                                                                             -------                 -------
      Total non-interest expense                                           3,217,793               2,800,100
                                                                           ---------               ---------

Income before federal income taxes                                         1,891,174               2,259,352

Federal income taxes                                                         573,525                 683,800
                                                                             -------                 -------
      Net income                                                          $1,317,649              $1,575,552
                                                                          ==========              ==========

Per share statistics*
   Basic EPS                                                                    $.42                    $.50
   Diluted EPS                                                                  $.42                    $.50
   Dividends                                                                    $.17                   $.125`

*Based on 3,158,005 average shares
outstanding during the period ended March 31, 2003 and 3,146,756 average shares
outstanding during the period ended March 31, 2002 
See notes to interim consolidated
financial statements

5

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FNBH BANCORP, INC. AND
SUBSIDIARY Consolidated Statement
of Stockholders Equity and Comprehensive Income For the Three Months
Ended March 31, 2003 and 2002 (Unaudited)

`Unearned          Accumulated
                                                                                        Management            Other
                                                           Common        Retained        Retention        Comprehensive
                                                            Stock        Earnings          Plan           Income (loss)         Total
                                                            -----        --------          ----           -------------         -----
Balances at December 31, 2001                              $5,246,770   $27,361,215     $(231,143)           $26,961            $32,403,803
Issued 261 shares for employee purchase plan                    9,649                                                                 9,649
Amortization  of long-term incentive plan                                                   21,342                                   21,342
Comprehensive income:
   Net income                                                             1,575,552                                               1,575,552
   Change in unrealized gain (loss) on debt securities
      available for sale, net of tax effect                                                                 (130,781)             (130,781)
            Total comprehensive income                                                                                            1,444,771

Cash dividends (12.5(cent)per share)                                      (393,344)                                               (393,344)
                                                           ----------    ----------      ---------          ---------            ----------
Balances at March 31, 2002                                 $5,256,419   $28,543,423     $(209,801)         $(103,820)           $33,486,221
                                                           ==========    ==========      =========          =========            ==========`

`Unearned          Accumulated
                                                                                        Management            Other
                                                           Common        Retained        Retention        Comprehensive
                                                            Stock        Earnings          Plan           Income (loss)         Total
                                                            -----        --------          ----           -------------         -----                                                                                         Unearned          Accumulated
Balances at December 31, 2002                              $5,465,089   $31,685,849     $(247,282)           $675,958           $37,579,614
Issued 917 shares for employee purchase plan                   18,459                                                                18,459
Issued 199 shares for current directors' fees                   4,750                                                                 4,750
Amortization  of long-term incentive plan                                                   26,547                                   26,547
Comprehensive income:
   Net income                                                             1,317,649                                               1,317,649
   Change in unrealized gain on debt securities
      available for sale, net of tax effect                                                                  (75,677)              (75,677)
            Total comprehensive income                                                                                            1,241,972

Cash dividends (17(cent)per share)                                        (536,860)                                               (536,860)
                                                           ----------    ----------      ---------          ---------            ----------
Balances at March 31, 2003                                 $5,488,298   $32,466,638     $(220,735)           $600,281           $38,334,482
                                                           ==========    ==========      =========          =========            ==========`

See notes to interim consolidated
financial statements

6

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# FNBH BANCORP, INC. AND SUBSIDIARY

`Consolidated Statements of Cash Flows
Unaudited                                                                        Three months ended March 31
                                                                                        2003            2002
Cash flows from operating activities:
   Net income                                                                    $ 1,317,649     $ 1,575,552
   Adjustments to reconcile net income to net cash provided by operating activities:
      Provision for loan losses                                                      325,000               -
      Depreciation and amortization                                                  270,539         209,550
      Net amortization on investment securities                                       39,930          69,512
      Earned portion of long-term incentive plan                                      26,547          21,342
      Gain on sale/call of investments                                                     -         (2,781)
      Gain on sale of loans                                                        (141,422)       (107,361)
      Proceeds from sale of loans                                                  8,273,512       7,194,585
      Origination of loans held for sale                                         (8,632,900)     (7,872,557)
      Proceeds from sale of other real estate owned, held for sale                   569,247               -
      Increase in accrued interest income and other assets                         (371,331)     (1,707,132)
      Increase in accrued interest, taxes, and other liabilities                     324,105         177,743
                                                                                     -------         -------
         Net cash provided by (used in) operating activities                       2,000,876       (441,547)
                                                                                   ---------       ---------

Cash flows from investing activities:
   Purchases of available for sale securities                                    (2,000,000)     (6,175,081)
   Proceeds from sales of available for sale securities                                    -       1,000,000
   Proceeds  from maturities and calls of available for sale securities                    -       3,000,000
   Proceeds from mortgage-backed securities paydowns-AFS                           1,767,692         585,596
   Proceeds from maturities and calls of held to maturity securities                 445,000         395,000
   Proceeds from mortgage-backed securities paydowns-held to maturity                 26,028          15,870
   Purchases of brokered certificates of deposit                                 (1,089,000)               -
   Maturity of brokered certificates of deposit                                      194,000               -
   Purchase of loans                                                                       -       (721,644)
   Net increase in loans                                                         (6,732,101)    (15,764,900)
   Capital expenditures                                                            (663,317)       (415,812)
                                                                                   ---------       ---------
         Net cash used in investing activities                                   (8,051,698)    (18,080,971)
                                                                                 -----------    ------------

Cash flows from financing activities:
   Net decrease in deposits                                                      (6,974,353)    (15,963,328)
   Net increase in short-term borrowings                                                   -      15,100,000
   Payments on other borrowings                                                    (241,547)       (223,656)
   Dividends paid                                                                  (536,860)       (393,344)
   Shares issued for employee purchase plan and directors compensation                23,209           9,649
                                                                                      ------           -----
         Net cash used in financing activities                                   (7,729,551)     (1,470,679)
                                                                                 -----------     -----------

Net decrease in cash and cash equivalents                                       (13,780,373)    (19,993,197)

Cash and cash equivalents at beginning of year                                    33,038,404      34,642,995
                                                                                  ----------      ----------

Cash and cash equivalents at end of period                                       $19,258,031     $14,649,798
                                                                                 ===========     ===========

Supplemental disclosures:
   Interest paid                                                                 $ 1,730,492     $ 2,178,605
   Loans transferred to other real estate                                             70,000       1,285,018
   Loans charged off                                                                 168,460         184,498`

See notes to interim consolidated
financial statements

7

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Notes to Interim
Consolidated Financial Statements (unaudited)  The accompanying unaudited
consolidated financial statements have been prepared in accordance with accounting
principles generally accepted in the United States of America (GAAP) for interim financial
information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X.
Accordingly, they do not include all of the information and footnotes required by GAAP for
complete financial statements.

1.    
          In the opinion of management of the Registrant, the unaudited consolidated
          financial statements filed with this Form 10-Q contain all adjustments
          (consisting of only normal recurring accruals) necessary to present fairly the
          consolidated financial position of the Registrant as of March 31, 2003, and
          consolidated results of operations for the three months ended March 31, 2003 and
          2002 and consolidated cash flows for the three months ended March 31, 2003 and
          2002.

2.    
          The results of operations for the three months ended March 31, 2003 are not
          necessarily indicative of the results to be expected for the full year.

3.    
          The accompanying unaudited consolidated financial statements should be read in
          conjunction with the Notes to Consolidated Financial Statements in the 2002
          Annual Report contained in the Registrants report on Form 10-K filing.

4.    
          The provision for income taxes represents Federal income tax expense calculated
          using annualized rates on taxable income generated during the respective
          periods.

5.    
          Managements assessment of the allowance for loan losses is based on an
          evaluation of the loan portfolio, recent loss experience, current economic
          conditions, and other pertinent factors. Loans on non-accrual status and those
          past due more than 90 days amounted to $6,400,000 at March 31, 2003, $2,230,000
          at March 31, 2002, and $4,097,000 at December 31, 2002. (See Managements
          Discussion and Analysis of financial condition and results of operations).

6.    
          Basic and diluted earnings per share (EPS) are computed by dividing net income
          by the respective weighted average common shares outstanding.

`First Quarter
                                                         2003                 2002
                                                         ----                 ----
Net income                                          1,317,649            1,575,552

Shares outstanding (basic)                          3,158,005            3,146,756
Dilutive shares                                             0                    0
                                                    ---------            ---------
   Shares outstanding  (diluted)                    3,158,005            3,146,756
Earnings per share:
   Basic EPS                                             $.42                 $.50
   Diluted EPS                                           $.42                 $.50`

8

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7.    
          All references to share and per share data have been restated to give effect of
          a two for one stock split, payable as a dividend of one share for each share of
          company stock held of record July 1, 2002, paid July 10, 2002.

Item 2.

Managements
Discussion and Analysisof Financial
Condition and Results of OperationsInterim Financial
Statements

This report includes certain
forward-looking statements, within the meaning of the Private Securities Litigation Reform
Act of 1995, that involve inherent risks and uncertainties. A number of important factors
could cause actual results to differ materially from those in the forward-looking
statements. Those factors include the economic environment, competition, products and
pricing in business areas in which FNBH Bancorp, Inc. (the Company) operates, prevailing
interest rates, changes in government regulations and policies affecting financial service
companies, credit quality and credit risk management, acquisitions and integration of
acquired businesses.

The Company, a Michigan business
corporation, is a one bank holding company, which owns all of the outstanding capital
stock of First National Bank in Howell (the Bank) and all of the outstanding stock of HB
Realty Co., a subsidiary which owns real estate. The following is a discussion of the
Companys results of operations for the three months ended March 31, 2003 and 2002,
and also provides information relating to the Companys financial condition, focusing
on its liquidity and capital resources.

`Earnings (in thousands except per share data)                                       First Quarter
                                                                                  2003        2002
                                                                                  ----        ----

Net income                                                                      $1,318      $1,576

Basic and diluted net income per share                                            $.42        $.50`

The Company's  earnings  decreased  $258,000 (16.4%) for the three months ended March 31, 2003 compared to the same
period of the prior year.  Contributing  to the  decline in net income were  increases  in the  provision  for loan
losses and non interest  expenses.  Offsetting these  unfavorable  variances were increases in net interest income,
non-interest income and a lower accrual for income tax.

`Net Interest Income                                                                 First Quarter
(in thousands)                                                                    2003        2002
                                                                                  ----        ----

Interest Income                                                                 $6,219      $6,397
Interest Expense                                                                 1,722       2,133
                                                                                 -----       -----
Net Interest Income                                                             $4,497      $4,264`

9

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Net interest income increased
$233,000 (5.5%) due to the increased average loans and a lower cost of funding in 2003.
Average earning assets and interest bearing liabilities both increased for the period
while the yield on both declined. The following table illustrates some of the factors
contributing to the increase in net interest income for the first quarter.

TABLE 1 INTEREST YIELDS AND
COSTS (in thousands) March 31, 2003 and 2002

`---------------First Quarter Averages----------------
                                                     2003                                2002
                                                     ----                                ----
                                     Average                            Average
                                     Balance      Interest     Rate     Balance       Interest      Rate
                                     -------      --------     ----     -------       --------      ----
Assets:
Short term investments                $ 18,890     $   77.8    1.65%      $ 11,820      $   76.3    2.58%
Securities:  Taxable                    27,043        276.7    4.09%        40,111         484.8    4.83%
                   Tax-exempt(1)        16,627        289.8    6.97%        17,857         309.3    6.93%
Loans(2)(3)                            331,748      5,695.6    6.88%       293,895       5,656.2    7.71%
Total earning assets/total
interest income                        394,308     $6,339.9    6.44%       363,683      $6,526.6    7.19%
Cash & due from banks                   12,477                              14,387
All other assets                        18,113                              15,577
Allowance for loan loss                (5,784)                             (5,541)
   Total assets                       $419,114                            $388,106
Liabilities and
  Shareholders' Equity
Interest bearing deposits:
Savings & NOW accounts                $179,039     $  520.7    1.18%      $153,419      $  572.6    1.51%
Time                                   131,384      1,103.4    3.41%       131,863       1,443.0    4.44%
Short term borrowings                        8          0.0    1.44%         3,311          15.7    1.89%
FHLB notes                               5,365         97.7    7.28%         5,604         102.0    7.28%
                                       -------     --------               --------      --------
Total interest bearing
liabilities/total interest expense     315,796     $1,721.8    2.21%       294,197      $2,133.3    2.94%
Non-interest bearing deposits           61,526                              58,577
All other liabilities                    3,534                               3,186
Shareholders' Equity                    38,258                              32,146
                                      --------                            --------
Total liabilities and
   shareholders' equity               $419,114                            $388,106
                                      ========                            ========
Interest spread                                                4.23%                                4.25%
                                                               =====                                =====
Net interest income-FTE                            $4,618.1                             $4,393.3
                                                   ========                             ========
Net interest margin                                            4.67%                                4.81%
                                                               =====                                =====`

|(1) | Average yields in the above table have been adjusted to a tax-equivalent basis
               using a 34% tax rate and exclude the effect of any market value adjustments
               recorded under Statement of Financial Accounting Standards No. 115.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(2) | For purposes of the computation above, non-accrual loans are included in the
               average daily loan balances.
|--- | ------------------------------------------------------------------------------------------------------------------------

|(3) | Interest on loans includes the amortization of origination fees totaling
               $158,000 in 2003 and $210,000 in 2002.
|--- | ------------------------------------------------------------------------------------------------------------------------------

10

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Interest Earning
Assets/Interest Income On a tax equivalent basis, interest
income decreased approximately $187,000 (2.9%) in the first quarter of 2003 compared to
that of 2002. The decrease was due to a decrease of 75 basis points in the interest yield
on earning assets, partially offset by an increase in average earning asset balances of
$30,625,000.

The first quarter average balance in
loans increased 12.9% to $331,700,000. The rate earned on loans decreased 83 basis points
in 2003 compared to last year. Average commercial loans increased $31,300,000 (11.7%);
while average consumer loans increased $1,900,000 (6.2%) and mortgage loans increased
$4,700,000 (16.7%). In addition to the increase in portfolio mortgage loans, the Bank also
sold approximately $8,200,000 in residential mortgage loans to the secondary market in the
first quarter of 2003 compared to $7,000,000 in the first quarter of 2002, resulting in
higher gains on the sale of loans in 2003. The increased sales are the result of low
mortgage rates in 2003.

In the first quarter, tax equivalent
income on short and long term investments decreased approximately $226,000 as the result
of a decline in average balances of $7,200,000 and a decline in the yield of approximately
87 basis points. The decrease in the investment balance in the first quarter is because
average loan growth outpaced average deposit growth and the proceeds from investment
securities were used to fund loan growth. In the first quarter of 2003 non-interest
bearing demand deposits increased $2,900,000 due to the low interest rate environment,
also helping to fund loan growth.

Interest Bearing
Liabilities/Interest Expense In the first quarter of 2003,
interest expense decreased approximately $412,000 (19.3%) due to a 73 basis point decrease
in rates although average balances increased approximately $21,600,000 (7.3%). Savings and
NOW interest expense decreased $52,000 because rates decreased 33 basis points although
average balances increased nearly $25,600,000 (16.7%). Interest on time deposits decreased
$340,000 in 2003 compared to the first quarter of the prior year, while average balances
were unchanged but the rate paid on time deposits decreased 103 basis points in that time
period.

Additionally the Banks interest
costs decreased as proceeds from investment securities were used to fund loan growth. The
Bank incurred no interest expense on short term borrowings in 2003 compared to $16,000 in
2002. The Bank also has two longer term advances from the Federal Home Loan Bank of
Indianapolis (FHLBI). One borrowing, an amortizing loan contracted in January 2000, was
initiated to match the maturity of a fixed rate loan made to a local township. The other
borrowing, of $3,000,000 from April 2000, was intended to help with the Banks rate
sensitivity position. Interest expense related to these loans amounted to $98,000 in the
first quarter of the current year compared to $102,000 in 2002. It is reasonable to expect
that part of future loan growth will continue to be funded with FHLBI borrowings.

11

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Liquidity Liquidity is monitored by the
Banks Asset/Liability Management Committee (ALCO), which meets at least monthly. The
Board of Directors has approved a liquidity policy which requires the Bank, while it is
well capitalized as defined by the Federal Financial Institutions Examination Council
(FFIEC), to maintain a current ratio of no less than 1:1 (core basic surplus liquidity
equal to 0), representing that the Banks contingency for unexpected funding outflows
is being met primarily by short-term investments and unencumbered treasury and agency
securities. Additional requirements of the policy are that when FHLBI available credit is
added to core basic surplus liquidity, the Bank must have liquidity totaling 5% of assets
and when brokered CDs and Fed Funds lines are added, the Bank must have liquidity totaling
8% of assets. Should the Banks capital ratios fall below the well
capitalized level, additional liquidity totaling 5% of assets will be required. As
of March 31, 2003, the Company had a $12,000,000 surplus of core basic liquidity.

Deposits are the principal source of
funds for the Bank. Management monitors rates at other financial institutions in the area
to ascertain that its rates are competitive in the market. Management also attempts to
offer a wide variety of products to meet the needs of its customers. The makeup of the
Banks over $100,000 certificates, which are generally considered to be more volatile
and sensitive to changes in rates, consists of local depositors known to the Bank. As of
March 31, 2003, the Bank had certificates over $100,000 totaling approximately $44,300,000
compared to $44,000,000 at December 31, 2002.

It is the intention of the
Banks management to handle unexpected liquidity needs through its Federal Funds
position. The goal is to maintain a daily Fed Funds Sold balance sufficient to cover
required cash draws. From time to time the Bank will borrow Fed Funds from a correspondent
bank. In addition, the Bank can borrow approximately $25,000,000 from the FHLBI. As of
March 31, 2003 the Bank had $5,300,000 in FHLBI borrowings. The Bank has pledged certain
mortgage loans as collateral for this borrowing. In addition, the Bank has a repurchase
agreement in place with a broker who will lend money against certain securities of the
Bank. Finally, management may look to available for sale securities in the
investment portfolio to meet additional liquidity needs.

Interest Rate Risk Interest rate risk is also addressed
by ALCO. Interest rate risk is the potential for economic losses due to future rate
changes and can be reflected as a loss of future net interest income and/or loss of
current market values. The objective is to measure the effect on net interest income and
to adjust the balance sheet to minimize the inherent risk while, at the same time,
maximizing income. Tools used by management include the standard gap report which lays out
the repricing schedule for various asset and liability categories and an interest rate
simulation report. The Bank has no market risk sensitive instruments held for trading
purposes. The Bank has not entered into futures, forwards, swaps, or options to manage
interest rate risk. However, the Bank is party to financial instruments with off-balance
sheet risk in the normal course of business to meet the financing needs of its customers
including commitments to extend credit and letters of credit. A commitment or letter of
credit is not recorded as an asset until the instrument is exercised.

12

---

In addition to liquidity and interest
rate risk management issues, ALCO discusses the Banks performance and the current
economic outlook and its impact on the Bank and current interest rate forecasts. Actual
results are compared to budget in terms of growth and income. A yield and cost analysis is
done to monitor interest margin. Various ratios are discussed including capital ratios,
interest rate sensitivity, and liquidity ratios.

`Interest Rate Sensitivity
(dollars in thousands)
                                                    0-3         4-12           1-5           5+
                                                 Months       Months         Years        Years         Total
                                                 ------       ------         -----        -----         -----
Assets:
   Loans.................................      $159,840      $43,240      $123,800       $7,254      $334,134
   Securities............................         2,547        6,866        27,750        6,145        43,308
   Brokered certificates of deposit......         2,059        1,261         1,455                      4,775
   Short term investments................         4,758                                                 4,758
                                                  -----       ------       -------       ------         -----
      Total assets.......................      $169,204      $51,367      $153,005      $13,399      $386,975

Liabilities & Shareholders' Equity:
   Savings & NOW.........................       $84,411                                 $85,140      $169,551
   Time..................................        18,503       34,874        77,741        1,360       132,478
   Other borrowings                                   0          261         4,270          797         5,328
                                                      -          ---         -----          ---         -----
                                               $102,914      $35,135       $82,011      $87,297      $307,357
      Total liabilities and equity.......

Rate sensitivity gap and ratios:
   Gap for period........................       $66,290      $16,232       $70,994    $(73,898)
   Cumulative gap........................        66,290       82,522       153,516       79,618

Cumulative rate sensitive ratio..........          1.64         1.60          1.70         1.26
Dec. 31, 2002 rate sensitive ratio.......          1.35         1.43          1.67         1.25`

The preceding table sets forth the
time periods in which earning assets and interest bearing liabilities will mature or may
re-price in accordance with their contractual terms. The entire balance of savings, MMDA,
and NOW are not categorized as 0-3 months, although they are variable rate products. Some
of these balances are core deposits and are not considered rate sensitive. Allocations are
made to time periods based on the Banks historical experience and managements
analysis of industry trends.

In the gap table above, the short
term (one year and less) cumulative interest rate sensitivity is 20% asset sensitive as of
March 31, 2003. However, gap analysis is limited and may not provide an accurate
indication of the impact of general interest rate movements on the net interest margin
since repricing of various categories of assets and liabilities is subject to the
Banks needs, competitive pressures, and the needs of the Banks customers. In
addition, various assets and liabilities indicated as repricing within the same period may
in fact reprice at different times within the period and at different rate indices.
Additionally, simulation modeling, which measures the impact of upward and downward
movements of interest rates on interest margin, provides meaningful insight into
strategies management can take to help mitigate the negative impact of interest rates
movements. Simulation analysis reflects an expectation that net interest income will
improve if interest rates increase, and conversely net interest income will decrease if
interest rates decline.

13

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`Provision for Loan Losses                                   First Quarter
(in thousands)                                            2003         2002
                                                          ----         ----

         Total                                            $325           $0
                                                          ====           ==`

The Company provided a loan loss
accrual in the first quarter of 2003 after having no provision in the same period last
year. The provision in the first quarter of 2003 is based upon an analysis of losses
inherent in the portfolio and other economic factors. Non-performing loans are $2,300,000
higher than at December 31, 2002, and $4,200,000 higher than March 31, 2002. At March 31,
2003, the allowance for loan loss as a percent of loans was 1.79%, compared to 1.81% a
year earlier, and 1.77% at December 31, 2002. For the first three months of 2003 the Bank
had net charge offs of $146,000, compared with net charge offs of $172,000 the previous
year. Non-accrual, past due 90 days, and renegotiated loans totaled 1.91% and .73% of
total loans outstanding at March 31, 2003 and 2002, respectively, and 1.25% of total loans
at December 31, 2002.

Impaired loans, as defined by
Statement of Financial Accounting Standards (SFAS) No. 114, Accounting by Creditors for
Impairment of a Loan,totaled approximately $10,300,000 at March 31, 2003, compared to
$9,300,000 at December 31, 2002, and $8,900,000 at March 31, 2002. Impaired loans included
non-accrual, and past due 90 days other than homogenous residential and consumer loans,
and an additional $4,200,000 of commercial loans separately identified as impaired. A loan
is considered impaired when it is probable that all or part of amounts due according to
the contractual terms of the loan agreement will not be collectable on a timely basis. One
of the impaired loans for $2,200,000 is secured by commercial real estate; however, the
cash generated solely by the business is not adequate to cover debt service. Another loan
for $1,000,000 was made to purchase office buildings in Lansing. The buildings are not
leased and cash flow has not been sufficient to cover debt service. A third loan for
$1,300,000 is secured by real estate and is currently in foreclosure; however, the
appraised value of the real estate exceeds the principal loan balance. Nonperforming loans
are reviewed regularly for collectability. Any uncollectable balances are promptly charged
off.

The adequacy of the allowance for
loan losses is determined by managements assessment of the composition of the loan
portfolio, an evaluation of specific credits, an analysis of the value of the underlying
collateral for those loans, historical loss experience, and the level of nonperforming
loans, loans that have been identified as impaired, and the overall credit quality of the
loan portfolio. Management continues to refine its techniques in this analysis.
Externally, the local economy and events or trends which might negatively impact the loan
portfolio are also considered. Impaired loans had specific reserves calculated in
accordance with SFAS No. 114 of $1,900,000 at March 31, 2003, $2,000,000 at December 31,
2002, and $1,400,000 at March 31, 2002.

14

---

Nonperforming assets are loans for which the
accrual of interest has been discontinued, accruing loans 90 days or more past due in
payments, and other real estate which has been acquired primarily through foreclosure and
is waiting disposition. The following table describes nonperforming assets at March 31,
2003 compared to December 31, 2002. Loans are generally placed on a nonaccrual basis when
principal or interest is past due 90 days or more and when, in the opinion of management,
full collection of principal and interest is unlikely. Loans categorized as ninety days
past due and still accruing are well secured and in the process of collection.

`Nonperforming Assets                                         Quarter Ended             Year Ended
(in thousands)                                               March 31, 2003         December 31, 2002
                                                             --------------         -----------------

Non-accrual loans                                                   $4,987                    $3,288
90 days or more past due and still accruing                          1,422                       809
                                                                     -----                       ---
         Total nonperforming loans                                   6,409                     4,097
Other real estate                                                      239                       738
                                                                       ---                       ---
         Total nonperforming assets                                 $6,648                    $4,835

Nonperforming loans as a percent of total loans                      1.91%                     1.25%
Loan loss reserve as a percent of nonperforming loans                  93%                      141%`

The following table sets forth loan
balances and summarizes the changes in the allowance for loan losses for the first three
months of 2003 and 2002.

`Year to date         Year to date
Loans:                                                                March 31, 2003       March 31, 2002
                                                                      --------------       --------------
(dollars in thousands)
   Average daily balance of loans for the year to date                    331,748               293,895
   Amount of loans, net of unearned income,
   outstanding at the end of the quarter                                  334,134               303,380
Allowance for loan losses:
   Balance at beginning of year                                             5,794                 5,668
   Loans charged off:
      Real Estate Mortgage                                                      0                     0
      Commercial                                                              122                   173
      Consumer                                                                 46                    11
                                                                               --                    --
         Total charge-offs                                                    168                   184
   Recoveries of loans previously charged off:
      Real Estate Mortgage                                                      0                     0
      Commercial                                                               16                     3
      Consumer                                                                  6                     9
                                                                                -                     -
         Total recoveries                                                      22                    12

Net loans charged off                                                         146                   172
Additions to allowance charged to operations                                  325                     0
                                                                              ---                     -
         Balance at end of quarter                                         $5,973                $5,496

Ratios:
  Net loans charged off (annualized) to average
  loans outstanding                                                          .18%                  .23%
  Allowance for loan losses to loans outstanding                            1.79%                 1.81%`

15

---

`Non-interest Income                                              First Quarter
(in thousands)                                                2003          2002
                                                              ----          ----
Total                                                         $937          $795
                                                              ====          ====`

Non-interest income, which includes
service charges on deposit and loan accounts, trust fees, other operating income, and gain
(loss) on sale of assets, increased by approximately $142,000 (17.8%) in the first quarter
of 2003 compared to the same period in the previous year. Service charge income increased
$103,400 (16.1%) due to increasing numbers of deposit and loan accounts. The $34,000
(31.7%) increase in gains on the sale of loans is a result of increased volume of mortgage
sales and higher gains on sales. In the first quarter of this year the loan department has
sold $8,200,000 of new residential mortgage loans compared to $7,000,000 in the same
period last year. Trust fees increased slightly, $9,000, the result of growth in the
business offset by a general decrease in the market value of trust assets.
Other income decreased $2,000 due to increased losses on the sale of
repossessed vehicles.

`Non-interest Expense                                             First Quarter
(in thousands)                                                2003          2002
                                                              ----          ----
Total                                                       $3,218        $2,800`

Non-interest expense increased
$418,000 (14.9%) in the first quarter of 2003 compared to the same period last year.
Contributing to this increase were increases of $224,300 (14.3%) in salaries and benefits,
$30,500 (14.8%) in net occupancy expense, $70,500 (33.5%) increase in equipment costs, and
$107,000 (20.4%) increase in other costs. The increase in salaries and benefits expense
was principally the result of normal salary increases and additional positions added to
keep pace with the Banks growth in assets. Occupancy and equipment costs increased
primarily due to the opening of a new branch in 2002 and the new operations center in
2003. The increase in other expenses is due primarily to increased costs for legal, audit,
and computer fees. Telephone costs are also higher in the first quarter due to new lines
for operations center and changes in how ATMs are processed.

`Income Tax Expense                                              First Quarter
(in thousands)                                                2003          2002
                                                              ----          ----
         Total                                                $574          $684`

16

---

Fluctuations in income taxes resulted
primarily from changes in the level of profitability and in variations in the amount of
tax-exempt income.

`Capital (in thousands)                           March 31, 2003                        December 31, 2002
                                                 --------------                        -----------------

Shareholders' Equity*                                $38,334                                $37,580
Ratio of Equity to Total Assets                        9.25%                                  8.93%`

*Amounts include securities valuation
adjustments recorded under Statement of Financial Accounting Standards No. 115 amounting
to $600,300 at March 31, 2003 and $676,000 at December 31, 2002.

Shareholders equity, excluding
the securities valuation adjustment, increased $831,000 (2.3%) during the first three
months of the year. This increase was the result of net income earned by the Company
reduced by dividends paid of $537,000.

A financial institutions
capital ratio is looked upon by the regulators and the public as an indication of its
soundness. The Federal Reserve Board provides guidelines for the measurement of capital
adequacy. The Banks capital, as adjusted under these guidelines, is referred to as
risk-based capital. The Banks Tier 1 risk-based capital ratio at March 31, 2003 was
9.97%, and total risk-based capital was 11.22%. At March 31, 2002 these ratios were 9.21%
and 10.46% respectively. Minimum regulatory Tier 1 risk-based and total risk-based capital
ratios under the Federal Reserve Board guidelines are 4% and 8%, respectively.

The capital guidelines also provide
for a standard to measure risk-based capital to total assets which is called the leverage
ratio. The Banks leverage ratio was 8.45% at March 31, 2003 and 8.05% in 2002. The
minimum standard leverage ratio is 3%, however; financial institutions are expected to
maintain a leverage ratio 2 percentage points above the 3% minimum to be classified as a
well capitalized institution.

In 1998 the Company exercised an
option to purchase an 18 acre tract of land in northwest Brighton primarily to acquire a
prime site for a new branch. The cost of the property was approximately $4,000,000. In
1999 a new branch of the Bank was built on a portion of the land valued at approximately
$800,000. During 2000 one parcel of the property was sold. The remaining property is held
for sale. Improvements needed to enhance the salability of the property are not expected
to exceed $200,000.

The Company also owns a branch site
in Hamburg which is valued at approximately $330,000. Construction has begun on the
Hamburg branch and is expected to be completed in the fourth quarter of 2003. This
building project is expected to be financed from internally generated funds.

17

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Contractual Obligations As of March 31, 2003, December 31,
2002 and March 31, 2002, the Bank had outstanding irrevocable standby letters of credit,
which carry a maximum potential commitment of approximately $3,300,000, $3,100,000 and
$2,100,000, respectively. These letters of credit are conditional commitments issued by
the Bank to guarantee the performance of a customer to a third party. The majority of
these letters of credit are short-term guarantees of one year or less, although some have
maturities which extend as long as two years. The credit risk involved in issuing letters
of credit is essentially the same as that involved in extending loans to customers. The
Bank primarily holds real estate as collateral supporting those commitments for which
collateral is deemed necessary. The extent of collateral held on those commitments at
March 31, 2003, December 31, 2002 and March 31, 2002, where there is collateral, is in
excess of the committed amount. A letter of credit is not recorded on the balance sheet
until a customer fails to perform.

Critical Accounting
Policies The Company maintains critical
accounting policies for the allowance for loan losses, mortgage servicing rights and the
classification and valuation of securities. Refer to notes 1c, 1d and 1e of the Notes to
Consolidated Financial Statements for additional information incorporated by reference to
the Annual Report to Shareholders for the year ended December 31, 2002.

Accounting Standards

| | In
April 2002, the FASB issued SFAS No. 145, Rescission of FASB Statements
No. 4, 44, and 64, Amendment of FASB Statement No. 13, and Technical
Corrections. Statement No. 145 rescinds FASB Statement No. 4, Reporting
Gains and Losses from Extinguishment of Debt, and FASB Statement No. 64,
Extinguishments of Debt Made to Satisfy Sinking-Fund Requirements. This
Statement also rescinds FASB Statement No. 44, Accounting for Intangible
Assets of Motor Carriers,and amends FASB Statement No. 13, Accounting for
Leases, to eliminate an inconsistency between the required accounting for
sale-leaseback transactions and for certain lease modifications that have economic effects
that are similar to sale-leaseback transactions. This Statement also amends other existing
authoritative pronouncements to make various technical corrections, clarify meanings, or
describe their applicability under changed conditions. Statement No. 145 is effective
for fiscal years beginning after May 15, 2002, with early adoption of the provisions
related to the rescission of Statement No. 4 encouraged. Upon adoption, enterprises
must reclassify prior-period items that do not meet the extraordinary-item classification
criteria in APB 30.Adoption of this Statement did not have a
significant impact on the Banks results of operations or financial condition.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | In
July 2002, the FASB issued SFAS No. 146, Accounting for Costs Associated with
Exit or Disposal Activities. Statement No. 146 nullifies Emerging Issues
Task Force (EITF) Issue No. 94-3, Liability Recognition for Certain
Employee Termination Benefits and Other Costs to Exit an Activity (Including
Certain Costs Incurred in a Restructuring).
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

18

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| | The principal difference between
Statement No. 146 and Issue 94-3 relates to its requirements for recognition of a
liability for a cost associated with an exit or disposal activity. This Statement requires
that a liability for a cost associated with an exit or disposal activity be recognized and
measured initially at fair value only when the liability is incurred. Under Issue 94-3,
the liability was recognized at the date of an entitys commitment to an exit plan.
Statement No. 146 is effective for exit or disposal activities (including
restructuring) that are initiated after December 31, 2002, with early adoption
encouraged. Adoption of this Statement did not have a significant impact on the
Banks results of operations or financial condition.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | On
December 31, 2002, the FASB issued SFAS No. 148, Accounting for Stock-based
Compensation  Transition and Disclosure, which amends SFAS No. 123,
Accounting for Stock-based Compensation. SFAS No. 148 amends the disclosure
requirements in SFAS No. 123 for stock-based compensation for annual periods ending
after December 15, 2002 and for interim periods beginning after December 15,
2002. These disclosure requirements apply to all companies, including those that continue
to recognize stock-based compensation under APB Opinion No. 25, Accounting for
Stock Issued to Employees. Effective for financial statements for fiscal years ending
after December 15, 2002, SFAS No. 148 also provides three alternative transition
methods for companies that choose to adopt the fair-value measurement provisions of SFAS
No. 123. Earlier application of those transition methods is permitted for entities
with a fiscal year ending prior to December 15, 2002, provided that financial
statements for the 2002 fiscal year have not been issued as of December 31, 2002.
Adoption of this Statement did not have a significant impact on the Banks results of
operations or financial condition.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | In
November 2002, the FASB issued Interpretation No. 45, Guarantors Accounting
and Disclosure Requirements for Guarantees, Including Indirect Guarantees of
Indebtedness of Others(the Interpretation), which addresses the
disclosure to be made by a guarantor in its interim and annual financial statements about
its obligations under guarantees. The initial recognition and initial measurement
provisions of this Interpretation are applicable on a prospective basis to guarantees
issued or modified after December 31, 2002, regardless of the guarantors fiscal
year end. The guarantor may not revise or restate its previous accounting for guarantees
issued before the date of the Interpretations initial application to reflect the
effect of the recognition and measurement provisions of the Interpretation. The disclosure
requirements in this Interpretation are effective for financial statements of interim or
annual periods ending after December 15, 2002. Adoption of the measurement
requirements of this Interpretation did not have a significant impact on the Banks
results of operations or financial condition.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

19

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Item 3.   Quantitative and
Qualitative Disclosures about Market Risk There has been no material change in
the market risk faced by the Company since December 31, 2002 other than previously
discussed.

|Item 4.   Controls and Procedures
|---------------------------------
|                                 
|                                 

PART II  OTHER
INFORMATION

|Item 6.   Exhibits and Reports on Form 8-K
|------------------------------------------
|                                          
|                                          
|                                          
|                                          
|                                          

20

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SIGNATURES

Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this Quarterly Report on
Form 10-Q for the quarter ended March 31, 2003 to be signed on its behalf by the
undersigned hereunto duly authorized.

| | FNBH BANCORP, INC.
/s/ Barbara Draper
Barbara Draper
President and Chief Executive Officer
/s/ Janice B. Trouba
Janice B. Trouba
Chief Financial Officer | 
| | -------------------------------------------------------------------------------------------------------------------------------------------------------- | 

DATE:  May 8, 2003

21

---

CERTIFICATIONS

I, Barbara Draper,
certify that:

|1. | I have reviewed this quarterly report on Form 10-Q of FNBH Bancorp, Inc.;
|-- | -------------------------------------------------------------------------

|2. | Based on my knowledge, this quarterly report does not contain any untrue
          statement of a material fact or omit to state a material fact necessary to make
          the statements made, in light of the circumstances under which such statements
          were made, not misleading with respect to the period covered by this quarterly
          report;
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|3. | Based on my knowledge, the financial statements, and other financial information
          included in this quarterly report, fairly present in all material respects the
          financial condition, results of operations and cash flows of the registrant as
          of, and for, the periods presented in this quarterly report;
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4. | The registrants other certifying officer and I are responsible for
          establishing and maintaining disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | a) | designed such disclosure controls and procedures to ensure that material
               information relating to the registrant, including its consolidated subsidiaries,
               is made known to us by others within those entities, particularly during the
               period in which this quarterly report is being prepared;
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b) | evaluated the effectiveness of the registrants disclosure controls and
               procedures as of April 25, 2003 (the Evaluation Date); and
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------

| | c) | presented in this quarterly report our conclusions about the effectiveness of
               the disclosure controls and procedures based on our evaluation as of the
               Evaluation Date;
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|5. | The registrants other certifying officer and I have disclosed, based on
          our most recent evaluation, to the registrants auditors and the audit
          committee of registrants board of directors (or persons performing the
          equivalent functions):
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | a) | all significant deficiencies in the design or operation of internal controls
               which could adversely affect the registrants ability to record, process,
               summarize and report financial data and have identified for the
               registrants auditors any material weaknesses in internal controls; and
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b) | any fraud, whether or not material, that involves management or other employees
               who have a significant role in the registrants internal controls; and
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------

|6. | The registrants other certifying officer and I have indicated in this
          quarterly report whether there were significant changes in internal controls or
          in other factors that could significantly affect internal controls subsequent to
          the date of our most recent evaluation, including any corrective actions with
          regard to significant deficiencies and material weaknesses.
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|Date: May 8, 2003
/s/ Barbara Draper

Barbara Draper
Chief Executive Officer | 
|---------------------------------------------------------------------------- | 



---

I, Janice B. Trouba, certify that:

|1. | I have reviewed this quarterly report on Form 10-Q of FNBH Bancorp, Inc.;
|-- | -------------------------------------------------------------------------

|2. | Based on my knowledge, this quarterly report does not contain any untrue
          statement of a material fact or omit to state a material fact necessary to make
          the statements made, in light of the circumstances under which such statements
          were made, not misleading with respect to the period covered by this quarterly
          report;
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|3. | Based on my knowledge, the financial statements, and other financial information
          included in this quarterly report, fairly present in all material respects the
          financial condition, results of operations and cash flows of the registrant as
          of, and for, the periods presented in this quarterly report;
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4. | The registrants other certifying officer and I are responsible for
          establishing and maintaining disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | a) | designed such disclosure controls and procedures to ensure that material
               information relating to the registrant, including its consolidated subsidiaries,
               is made known to us by others within those entities, particularly during the
               period in which this quarterly report is being prepared;
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b) | evaluated the effectiveness of the registrants disclosure controls and
               procedures as of April 25, 2003 (the Evaluation Date); and
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------

| | c) | presented in this quarterly report our conclusions about the effectiveness of
               the disclosure controls and procedures based on our evaluation as of the
               Evaluation Date;
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|5. | The registrants other certifying officer and I have disclosed, based on
          our most recent evaluation, to the registrants auditors and the audit
          committee of registrants board of directors (or persons performing the
          equivalent functions):
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | a) | all significant deficiencies in the design or operation of internal controls
               which could adversely affect the registrants ability to record, process,
               summarize and report financial data and have identified for the
               registrants auditors any material weaknesses in internal controls; and
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b) | any fraud, whether or not material, that involves management or other employees
               who have a significant role in the registrants internal controls; and
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------

|6. | The registrants other certifying officer and I have indicated in this
          quarterly report whether there were significant changes in internal controls or
          in other factors that could significantly affect internal controls subsequent to
          the date of our most recent evaluation, including any corrective actions with
          regard to significant deficiencies and material weaknesses.
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|Date: May 8, 2003
/s/ Janice B. Trouba

Janice B. Trouba
Chief Financial Officer | 
|-------------------------------------------------------------------------------- | 



---

EXHIBIT 99.1

CERTIFICATE OF THE CHIEF EXECUTIVE OFFICER
OF FNBH BANCORP, INC.

Pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350):

I,
Barbara Draper, Chief Executive Officer of FNBH Bancorp, Inc., certify, to the best of my
knowledge and belief, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C.
1350) that:

(1)       
          The quarterly report on Form 10-Q for the quarterly period ended March 31, 2003,
          which this statement accompanies, fully complies with requirements of Section
          13(a) or 15(d) of the Securities Exchange Act of 1934 and;

(2)       
          The information contained in this quarterly report on Form 10-Q for the
          quarterly period ended March 31, 2003, fairly presents, in all material
          respects, the financial condition and results of operations of FNBH Bancorp,
          Inc.

|                   | FNBH BANCORP, INC.
|------------------ | ------------------
|Date:  May 8, 2003 | By:               
|                   | Its:              



---

EXHIBIT 99.2

CERTIFICATE OF THE CHIEF FINANCIAL OFFICER
OF FNBH BANCORP, INC.

Pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350):

I,
Janice B. Trouba, Chief Financial Officer of FNBH Bancorp, Inc., certify, to the best of
my knowledge and belief, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18
U.S.C. 1350) that:

(1)       
          The quarterly report on Form 10-Q for the quarterly period ended March 31, 2003,
          which this statement accompanies, fully complies with requirements of Section
          13(a) or 15(d) of the Securities Exchange Act of 1934 and;

(2)       
          The information contained in this quarterly report on Form 10-Q for the
          quarterly period ended March 31, 2003, fairly presents, in all material
          respects, the financial condition and results of operations of FNBH Bancorp,
          Inc.

|                   | FNBH BANCORP, INC.
|------------------ | ------------------
|Date:  May 8, 2003 | By:               
|                   | Its: