SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    Form 10-Q
                              --------------------

              [X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended March 31, 2000
                                       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                                   38-2869722
     (State or other jurisdiction of                    (I.R.S. Employer
     incorporation or organization)                    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

                             -----------------------

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:  1,565,203  shares of the Company's  Common
Stock (no par value) were outstanding as of March 31, 2000.

                                       1
<PAGE>
                                      INDEX


                                                                           Page
                                                                          Number
Part I.   Financial Information (unaudited):

    Item 1.
    Interim Financial Statements:
    Consolidated Balance Sheets as of March 31, 2000 and Dec. 31, 1999.........4
    Consolidated Statements of Income, three months ended
    March 31, 2000 and 1999....................................................5
    Consolidated Statements of Stockholders' Equity and Comprehensive
    Income for three months ended March 31, 2000 and 1999......................6
    Consolidated Statements of Cash Flows for three months ended
    March 31, 2000 and 1999....................................................7
    Notes to Interim Consolidated Financial Statements.........................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................17

Part II.  Other Information

    Item 6....................................................................18

    Signatures................................................................18


                                       2
<PAGE>
                         PART I - FINANCIAL INFORMATION

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








                                       3
<PAGE>
                        FNBH BANCORP, INC. AND SUBSIDIARY
<TABLE>

Consolidated Balance Sheets                                                         March 31       December 31
---------------------------                                                          2000              1999
Unaudited                                                                            ----              ----
<S>                                                                             <C>               <C>
Assets
Cash and due from banks                                                          $ 11,626,904     $  12,113,652
Short term investments                                                                111,100        12,300,630
                                                                                      -------        ----------
   Total cash and cash equivalents                                                 11,738,004        24,414,282

Investment securities held to maturity, net (fair value of $18,081,000
   at March 31, 2000 and $17,650,000 at Dec. 31, 1999)                             18,248,921        17,709,401
Investment securities available for sale, at fair value                            32,708,778        32,554,004
Mortgage-backed securities held to maturity, net (fair value of
   $269,000 at March 31, 2000 and $330,000 at Dec. 31, 1999)                          274,251           334,451
                                                                                      -------           -------
      Total investment securities                                                  51,231,950        50,597,856

Loans:
   Commercial                                                                     173,541,541       163,469,045
   Consumer                                                                        26,829,263        24,826,156
   Real estate mortgages                                                           23,126,798        22,360,282
                                                                                   ----------        ----------
      Total loans                                                                 223,497,602       210,655,483
   Less unearned income                                                               703,117           703,849
   Less allowance for loan losses                                                   4,758,655         4,483,283
                                                                                    ---------         ---------
      Net loans                                                                   218,035,830       205,468,351

Bank premises and equipment - net                                                   8,831,676         9,009,661
Land available for sale, net                                                        2,835,290         2,835,290
Accrued interest and other assets                                                   4,649,690         4,093,780
                                                                                    ---------         ---------
      Total assets                                                               $297,322,440      $296,419,220
                                                                                 ============      ============

Liabilities and Stockholders' Equity
Liabilities
Deposits:
   Non-interest bearing demand                                                   $ 49,922,722      $ 47,980,695
   NOW                                                                             26,340,210        34,645,921
   Savings and money market                                                        89,338,786        89,862,739
   Time                                                                            98,464,636        96,701,098
                                                                                   ----------        ----------
      Total deposits                                                              264,066,354       269,190,453

Short term borrowing                                                                1,815,000                 0
Notes payable                                                                       3,000,000                 0
Accrued interest, taxes, and other liabilities                                      2,397,680         1,917,121
                                                                                    ---------         ---------
      Total liabilities                                                           271,279,034       271,107,574

Stockholders' Equity
Common stock, no par value.  Authorized 4,200,000 shares; 1,565,203
shares issued and outstanding at March 31, 2000 and December 31, 1999               4,919,280         4,919,280
Retained earnings                                                                  21,439,969        20,723,357
Unearned management retention plan                                                   (127,585)         (139,597)
Accumulated other comprehensive income, net                                          (188,258)         (191,394)
                                                                                    ---------         ---------
      Total stockholders' equity                                                   26,043,406        25,311,646
      Total liabilities and stockholders' equity                                 $297,322,440      $296,419,220
                                                                                 ============      ============
</TABLE>
   See notes to interim consolidated financial statements

                                       4
<PAGE>
                        FNBH BANCORP, INC. AND SUBSIDIARY

<TABLE>
Consolidated Statements of Income
---------------------------------                                               Three months ended March 31
Unaudited                                                                      2000                     1999
                                                                               ----                     ----
<S>                                                                        <C>                      <C>
Interest income:
   Interest and fees on loans                                              $ 5,106,939              $ 4,332,872
   Interest and dividends on investment securities:
      U.S. Treasury and agency securities                                      455,319                  327,917
      Obligations of state and political subdivisions                          220,787                  207,743
      Other securities                                                          15,868                   13,084
   Interest on short term investments                                           54,802                  204,811
                                                                                ------                  -------
      Total interest income                                                  5,853,715                5,086,427
                                                                             ---------                ---------

Interest expense:
   Interest on deposits                                                      2,204,064                1,936,750
   Other interest expense                                                       46,192                      701
                                                                                ------                      ---
      Total interest expense                                                 2,250,256                1,937,451
                                                                             ---------                ---------

      Net interest income                                                    3,603,459                3,148,976

Provision for loan losses                                                      300,000                  210,000
                                                                               -------                  -------
      Net interest income after provision for loan losses                    3,303,459                2,938,976
                                                                             ---------                ---------

Non-interest income:
   Service charges                                                             451,772                  267,338
   Gain on sale of loans                                                        16,243                   59,479
   Trust fees                                                                   44,295                   34,287
   Other                                                                         4,347                   (4,874)
                                                                                 -----                    -----
      Total non-interest income                                                516,657                  356,230
                                                                               -------                  -------

Non-interest expense:
   Salaries and employee benefits                                            1,348,627                1,159,442
   Net occupancy                                                               189,810                  166,053
   Equipment expense                                                           232,499                  115,079
   Fees                                                                         62,963                  148,105
   Printing and supplies                                                        62,224                   63,600
   Michigan Single Business Tax                                                 60,200                   51,600
   Other                                                                       423,341                  447,150
                                                                               -------                  -------
      Total non-interest expense                                             2,379,664                2,151,029
                                                                             ---------                ---------

Income before federal income taxes                                           1,440,452                1,144,177

Federal income taxes                                                           410,800                  317,000
                                                                               -------                  -------

      Net income                                                          $  1,029,652              $   827,177
                                                                          ============              ===========
Per share statistics*
   Basic EPS                                                                    $  .66                   $  .53
   Diluted EPS                                                                  $  .66                   $  .53
   Dividends                                                                    $  .20                   $  .20
</TABLE>
*Based on 1,565,203 average shares outstanding during the period ended March 31,
2000 and 1,562,768 average shares  outstanding during the period ended March 31,
1999
See notes to interim consolidated financial statements

                                       5
<PAGE>
                        FNBH BANCORP, INC. AND SUBSIDIARY
     Consolidated Statement of Stockholders' Equity and Comprehensive Income
               For the Three Months Ended March 31, 2000 and 1999
                                   (Unaudited)
<TABLE>
                                                                                        Unearned      Accumulated Other
                                                                                       Management      Comprehensive
                                                         Common        Retained        Retention       Income (loss)
                                                         Stock         Earnings           Plan                              Total
                                                         -----         --------           ----         -------------        -----
<S>                                                    <C>             <C>             <C>            <C>                <C>
Balances at December 31, 1998                          $4,821,775      18,728,787       (66,220)          12,191         23,496,533
Net income                                                                827,177                                           827,177
Change in unrealized gain (loss) on debt securities
   available for sale, net of tax effect                                                                 (58,995)           (58,995)
                                                                                                                           --------
Total comprehensive income                                                                                                  768,182
Cash dividends (20(cent)per share)                                       (312,552)                                         (312,552)
                                                       ----------       ---------        ------           ------          ---------

Balances at March 31, 1999                             $4,821,775      19,243,412       (66,220)         (46,804)        23,952,163
                                                       ==========      ==========        ======           ======         ==========

See notes to interim consolidated financial statements

                                                                                        Unearned        Accumulated
                                                                                       Management         Other
                                                         Common        Retained        Retention       Comprehensive
                                                         Stock         Earnings           Plan         Income (loss)        Total
                                                         -----         --------           ----         -------------        -----

Balances at December 31, 1999                          $4,919,280      20,723,357      (139,597)        (191,394)        25,311,646
Net income                                                              1,029,652                                         1,029,652
Change in unrealized gain (loss) on debt securities
   available for sale, net of tax effect                                                                   3,136              3,136
                                                                                                                              -----
Total comprehensive income                                                                                                1,032,788
Amortization  of management retention plan                                               12,012                              12,012
Cash dividends (20(cent)per share)                                       (313,040)                                         (313,040)
                                                       ----------         -------        ------          -------            -------

Balances at March 31, 2000                             $4,919,280      21,439,969      (127,585)        (188,258)        26,043,406
                                                       ==========      ==========       =======          =======         ==========
</TABLE>
See notes to interim consolidated financial statements

                                       6
<PAGE>
                        FNBH BANCORP, INC. AND SUBSIDIARY
<TABLE>
Consolidated Statements of Cash Flows
-------------------------------------
Unaudited                                                                              Three months ended March 31
                                                                                         2000              1999
                                                                                         ----              ----
<S>                                                                               <C>               <C>
Cash flows from operating activities:
   Net income                                                                     $ 1,029,652       $   827,177
   Adjustments to reconcile net income to net cash provided by operating
activities:

      Provision for loan losses                                                       300,000           210,000
      Depreciation and amortization                                                   232,905           127,371
      Net amortization on investment securities                                        18,011            20,284
      Earned portion of management retention plan                                      12,012                 0
      Loss on disposal of equipment                                                         0            18,359
      Gain on sale of loans                                                           (16,243)          (59,479)
      Proceeds from sale of loans                                                   1,742,099         3,916,581
      Origination of loans held for sale                                           (2,177,816)       (4,787,150)
      Increase in accrued interest income and other assets                           (555,910)         (491,642)
      Increase in accrued interest, taxes, and other liabilities                      479,059           533,059
                                                                                      -------           -------
         Net cash provided by operating activities                                  1,063,769           314,560
                                                                                    ---------           -------
Cash flows from investing activities:
   Purchases of available for sale securities                                      (4,981,923)      (11,016,013)
   Proceeds  from maturities and calls of available for sale securities             5,000,000         1,000,000
   Purchases of held to maturity securities                                          (725,571)         (710,071)
   Proceeds from maturities and calls of held to maturity securities                        0         3,075,000
   Proceeds from mortgage-backed securities paydowns-held to maturity                  60,025           179,151
   Net increase in loans                                                          (12,415,519)       (7,029,092)
   Capital expenditures                                                               (54,920)         (459,541)
                                                                                     --------         ---------
         Net cash used in investing activities                                    (13,117,908)      (14,960,566)
                                                                                 ------------      ------------
Cash flows from financing activities:
   Net increase (decrease) in deposits                                             (5,124,099)        6,728,381
   Net increase in borrowings                                                       4,815,000                 0
   Dividends paid                                                                    (313,040)         (312,553)
                                                                                    ---------         ---------
         Net cash provided by (used in) financing activities                         (622,139)        6,415,828
                                                                                    ---------         ---------

Net decrease in cash and cash equivalents                                         (12,676,278)       (8,230,178)

Cash and cash equivalents at beginning of year                                     24,414,282        31,238,662
                                                                                   ----------        ----------

Cash and cash equivalents at end of period                                        $11,738,004       $23,008,484
                                                                                  ===========       ===========
Supplemental disclosures:
   Interest paid                                                                  $ 2,173,071       $ 1,892,247
   Loans charged off                                                                   56,592            75,793
</TABLE>
See notes to interim consolidated financial statements

                                       7
<PAGE>
Notes to Interim Consolidated Financial Statements(unaudited)
The accompanying  unaudited consolidated financial statements have been prepared
in  accordance  with  generally  accepted  accounting   principles  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 generally  accepted  accounting  principles  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, 2000,  and
consolidated results of operations for the three months ended March 31, 2000 and
1999 and  consolidated  cash flows for the three months ended March 31, 2000 and
1999.

2. The results of  operations  for the three months ended March 31, 2000 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 1999
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 $941,000 at March 31, 2000 and  $177,000
at December 31, 1999.  (See  Management's  Discussion  and Analysis of financial
condition and results of operations).

6. Basic EPS is computed by dividing net income by the weighted  average  common
shares outstanding.
<TABLE>
                                                                First Quarter
                                                        2000                   1999
                                                        ----                   ----
<S>                                                  <C>                    <C>
Net income                                           1,029,652               $827,177

Shares outstanding (basic)                           1,565,203              1,562,768
Diluted shares                                               0                      0
                                                     ---------              ---------
   Shares outstanding  (diluted)                     1,565,203              1,562,768
Earnings per share:
   Basic EPS                                              $.66                   $.53
   Diluted EPS                                            $.66                   $.53
</TABLE>
                                       8
<PAGE>
Item 2.
                      Management's Discussion and Analysis
                of Financial Condition and Results of Operations
                          Interim Financial Statements

FNBH Bancorp, Inc. (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, 2000 and
1999,  and  also  provides  information  relating  to  the  Company's  financial
condition, focusing on its liquidity and capital resources.

<TABLE>
Earnings (in thousands                                First Quarter
except per share data)                             2000           1999
                                                   ----           ----
<S>                                               <C>            <C>
Net income                                        $1,030         $ 827

Net Income per Share                              66(cents)      53(cents)
</TABLE>

The Company's earnings increased $203,000 (25%) for the three months ended March
31, 2000 compared to the same period of the prior year.  Net income was $827,000
in 1999 and  $947,000 in 1998.  First  quarter 1999 income was hampered by costs
related to  converting to a new computer  system and Year 2000 testing.  In 2000
net interest income  increased  $455,000 as a result of growth in earning assets
the Company  has  experienced  as well as a 21 basis  point  increase in the tax
equivalent interest margin. Additionally,  non-interest income improved $161,000
in 2000. Non-interest expense increased $229,000 compared to the previous year.

<TABLE>
Net Interest Income                                       First Quarter
(in thousands)                                      2000               1999
                                                    ----               ----
<S>                                               <C>                 <C>
Interest Income                                    $5,854              $5,086
Interest Expense                                    2,250               1,937
                                                   ------               -----
Net Interest Income                               $ 3,604              $3,149
</TABLE>

The following table illustrates some of the factors contributing to the increase
in net interest income for the first quarter.

                                       9
<PAGE>
                                     TABLE 1
                    INTEREST YIELDS AND COSTS (in thousands)
                             March 31, 2000 and 1999
<TABLE>
                                                 ---------------First Quarter Averages----------------
                                                       2000                                    1999
                                                       ----                                    ----
                                      Average                                   Average
                                      Balance       Interest        Rate        Balance         Interest        Rate
                                      -------       --------        ----        -------         --------        ----
<S>                                 <C>            <C>              <C>         <C>             <C>             <C>
Assets:
Short term investments              $    3,971     $    54.8        5.46%       $ 17,577        $  204.8        4.66%
Securities:  Taxable                    35,960         304.8        5.26%         26,728           340.7        5.17%
             Tax-exempt(1)              17,969         471.2        6.78%         16,465           288.8        7.02%
Loans(2)(3)                            217,166       5,133.7        9.38%        186,250         4,283.6        9.22%
                                    ----------      --------                    --------        --------
Total earning assets/total
interest income                        275,066      $5,964.5        8.62%        247,020        $5,117.9        8.31%
                                                    --------                                    --------
Cash & due from banks                   10,232                                    12,220
All other assets                        16,529                                    14,364
Allowance for loan loss                 (4,589)                                   (4,040)
                                    ----------                                  --------
   Total assets                       $297,238                                  $269,564
                                    ==========                                  ========
Liabilities and
  Shareholders' Equity
Interest bearing deposits:
Savings & NOW accounts                $121,957       $ 860.3        2.83%       $106,485        $  713.4        2.72%
Time                                    97,997       1,343.8        5.50%         91,347         1,223.4        5.43%
Fed funds purchased                        739           8.6        4.63%              0               0
FHLB notes                               2,076          37.6        7.15%             63              .7        4.43%
                                    ----------      --------                    --------        --------
Total interest bearing
liabilities/total interest expense     222,769      $2,250.3        4.05%        197,895        $1,937.5        3.97%
                                                    --------                                    --------
Non-interest bearing deposits           45,572                                    46,444
All other liabilities                    2,758                                     2,087
Shareholders' Equity                    26,139                                    23,138
                                    ----------                                  --------
Total liabilities and
   shareholders' equity               $297,238                                  $269,564
                                    ==========                                  ========
Interest spread                                                     4.57%                                       4.34%
                                                                    =====                                       =====
Net interest income-FTE                            $ 3,714.2                                   $ 3,180.4
                                                   =========                                   =========
Net interest margin                                                 5.34%                                       5.13%
                                                                    =====                                       =====
</TABLE>
    (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
          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  origination fees totaling $148,000 in 2000
          and $129,000 in 1999.


Interest Earning Assets/Interest Income
On a tax equivalent basis, interest income increased  approximately  $847,000 in
the first quarter of 2000 compared to that of 1999. The increase was due to both
growth in the Bank's  earning  assets and an increase of 31 basis  points in the
rate earned on these assets.

                                       10
<PAGE>
The first quarter average balance in loans  increased 17% to  $217,000,000.  The
rate earned on loans increased 16 basis points primarily due to increases in the
Bank's prime  lending  rate.  The growth in the loan  portfolio was primarily in
commercial  loans  which  increased  21%  on  average.  Average  consumer  loans
increased 9% while mortgage loans declined 6%. The Bank's  resources in the loan
department are primarily  deployed making commercial loans.  Contributing to the
lack of growth in the mortgage  portfolio is the Bank's  policy of selling fixed
rate mortgage loans.  During the first quarter,  the Bank sold nearly $1,000,000
mortgage loans to the secondary market.

In the first quarter,  tax equivalent  income on short and long term investments
decreased slightly because the average balance decreased $2,870,000 although the
rate  earned  increased  22  basis  points.   Deposits  are  down  approximately
$5,000,000 from year end and loan demand has been strong, resulting in a decline
in short term investments.  In 1999 the Company stayed more liquid  anticipating
some first quarter  deposit run off which did not  materialize.  The increase in
yield on  investments  is the result of fewer dollars in short term  investments
which have a lower  yield and  because of a general  increase in rates which has
enabled the Company to reinvest maturing government bonds at improved yields.

Interest Bearing Liabilities/Interest Expense
In the first quarter of 2000, interest expense increased  approximately $313,000
due to an  increase  in average  balances of  approximately  $25,000,000  and an
increase in rates of 8 basis points.  Savings and NOW interest expense increased
$147,000  because  average  balances  increased   $15,000,000  (15%)  and  rates
increased 11 basis points.  Interest on time deposits increased $120,000 in 2000
over the prior year.  Balances  increased  $7,000,000  (7%) and the rate paid on
time deposits  increased 7 basis points in the first quarter of 2000 compared to
that of 1999.  The deposit  growth,  compared to the first quarter of 1999,  was
principally the result of the Bank's marketing  efforts to increase its share of
Livingston County deposits.

Liquidity
Liquidity is monitored by the Bank's Asset/Liability Management Committee (ALCO)
which  meets  at least  monthly.  ALCO  developed,  and the  Board of  Directors
approved,  a liquidity  policy which targets a 15% liquidity  ratio. As of March
31, the Bank's liquidity ratio was 16.55%.

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 Bank  does not deal in
brokered funds, and the makeup of its over $100,000 certificates, which amounted
to  approximately  $21,500,000  at March 31,  2000  compared to  $22,400,000  at
December 31, 1999, consists of local depositors known to the Bank.

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

                                       11
<PAGE>
sufficient to cover required cash draws.  From time to time the Bank will borrow
Fed Funds from a  correspondent  bank.  In addition,  the Bank has a $13,000,000
line available at the FHLB and the Bank has pledged  certain  mortgage loans and
investment securities as collateral for this borrowing. In addition,  management
may look to " available for sale" securities in the investment portfolio to meet
additional liquidity needs.

In addition to liquidity 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 and liquidity.

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 asse and liability categories and an interest
rate shock simulation report. The Bank has no market risk sensitive  instruments
held for  trading  purposes.  The Bank does not enter  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.

<TABLE>
Interest Rate Sensitivity
-------------------------
(dollars in thousands)                             0-3            4-12          1-5            5+
                                                  Months         Months         Years         Years          Total
                                                  ------         ------         -----         -----          -----
<S>                                               <C>           <C>           <C>            <C>           <C>
Assets:
   Loans..............................           $70,029        $32,289       $108,705       $12,475       $223,498
   Securities.........................             7,564         16,937         15,378        11,353         51,232
   Short term investments.............               111                                                        111
   Other assets.......................                                                        22,481         22,481
                                                 -------        -------       --------        ------         ------
      Total assets....................           $77,704        $49,226       $124,083       $46,309       $297,322

Liabilities & Shareholders' Equity:
   Demand, Savings & NOW..............           $53,532        $16,489        $63,127       $32,454       $165,602
   Time...............................            18,958         65,822         13,174           511         98,465
   Other borrowings                                1,815                                       3,000          4,815
   Other liabilities and equity.......            ______         ______         ______        28,440         28,440
                                                                                              ------         ------
      Total liabilities and equity....           $74,306        $82,311        $76,301       $64,405       $297,322

Rate sensitivity gap and ratios:
   Gap for period.....................            $3,398       ($33,085)       $47,782      $(18,096)
   Cumulative gap.....................             3,398        (29,687)        18,096

Cumulative rate sensitive ratio.......              1.05            .81           1.08          1.00
Dec. 31, 1999 rate sensitive ratio....              1.06            .94           1.08          1.00
</TABLE>

                                       12
<PAGE>
Given  the  liability  sensitive  position  of the Bank at March  31,  2000,  if
interest  rates  increase  200 basis  points  and  management  did not  respond,
management   estimates  that  annualized  net  interest  income  would  decrease
approximately  $300,000,  while a  similar  decrease  in rates  would  cause net
interest income to increase by a like amount. As noted above, the entire balance
of savings,  NOW and MMDAs is not  categorized as 0-3 months,  although they are
variable rate  products.  Some of these balances are core deposits which are not
considered rate sensitive based on the Bank's historical experience and industry
practice.

<TABLE>
Provision for Loan Losses                      First Quarter
-------------------------                    2000         1999
(in thousands)                               ----         ----
         <S>                                 <C>          <C>
         Total                               $300         $210
                                             ====         ====
</TABLE>

The  provision  for loan losses  increased  $90,000 in the first quarter of 2000
compared to the prior year. The increase was deemed appropriate  principally due
to the large increase in commercial  loans, a greater amount of large loans, and
an increase in new borrower relationships.  As these factors could increase risk
in the loan portfolio,  management  determined that an increase in the provision
was prudent. In March of 2000, the allowance for loan loss as a percent of loans
was 2.14%, consistent with 2.13% a year earlier, and 2.13% at December 31, 1999.
For the first  three  months of 2000,  the Bank had net charge  offs of $24,000,
compared  with net charge offs of $54,000  last year.  Non-accrual,  past due 90
days, and renegotiated  loans totaled .42% and 1.35% of total loans  outstanding
at March 31, 2000 and 1999  respectively and .08% of total loans at December 31,
1999.

Impaired  loans, as defined by Statement of Financial  Accounting  Standards No.
114,  Accounting by Creditors for  Impairment of a Loan,  totaled  approximately
$4,700,000 at March 31, 2000,  compared to $3,400,000 at December 31, 1999,  and
included non-accrual, and past due 90 days other than homogenous residential and
consumer  loans,  and an additional  $3,900,000 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 loans,  for
$2,400,000,  is current and making regular payments,  however the cash generated
solely by the business is currently not adequate to cover debt service.

Management  assessment  of  the  allowance  for  loan  losses  is  based  on the
composition of the loan portfolio, an evaluation of specific credits, historical
loss  experience,  the level of  nonperforming  loans  and loans  that have been
identified as impaired. 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 $1,200,000
at March 31, 2000.

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

                                       13
<PAGE>
acquired primarily through foreclosure and is waiting disposition. The following
table describes  nonperforming assets at March 31, 2000 compared to December 31,
1999.  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.

<TABLE>
Nonperforming Assets                                   Quarter Ended                    Year Ended
---------------------
(in thousands)                                                March 31, 2000       December 31, 1999
                                                              --------------       -----------------
<S>                                                           <C>                  <C>
Non-accrual loans                                                 $    941             $   173
90 days or more past due and still accruing                              0                   4
                                                                  --------             -------
         Total nonperforming loans                                     941                 177
Other real estate                                                        0                   0
                                                                  --------             -------
         Total nonperforming assets                               $    941             $   177

Nonperforming loans as a percent of total loans                       .42%                .08%
Nonperforming assets as a percent of total loans                      .42%                .08%
Loan loss reserve as a percent of nonperforming loans                 506%               2533%
</TABLE>



                                       14
<PAGE>
The following  table sets forth loan balances and  summarizes the changes in the
allowance for loan losses for the first three months of 2000 and 1999.
<TABLE>
                                                                       Year to date           Year to date
Loans:                                                                March 31, 2000         March 31, 1999
                                                                      --------------         --------------
<S>                                                                      <C>                    <C>
   (dollars in thousands)
   Average daily balance of loans for the year to date                    217,011                187,697

   Amount of loans, net of unearned income,
   outstanding at the end of the quarter                                  222,794                192,924

Allowance for loan losses:
   Balance at beginning of year                                             4,483                  3,958

   Loans charged off:
      Real Estate Mortgage                                                      0                      0

      Commercial                                                               32                     41

      Consumer                                                                 24                     35
                                                                               --                     --
         Total charge-offs                                                     56                     76

   Recoveries of loans previously charged off:
      Real Estate Mortgage                                                      0                      0
      Commercial                                                               17                      2
      Consumer                                                                 15                     20
                                                                               --                     --
         Total recoveries                                                      32                     22

Net loans charged off                                                          24                     54
Additions to allowance charged to operations                                  300                    210
                                                                              ---                    ---
         Balance at end of quarter                                         $4,759                 $4,114

Ratios:
  Net loans charged off (annualized) to average
  loans outstanding                                                           .04%                   .12%
  Allowance for loan losses to loans outstanding                             2.14%                  2.13%
</TABLE>
<TABLE>
Non-interest Income                                              First Quarter
(in thousands)                                                2000          1999
                                                              ----          ----
<S>                                                           <C>           <C>
Total                                                         $517          $356
                                                              ====          ====
</TABLE>
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  $161,000 (45%) in the first quarter of 2000 compared
to the same period in the  previous  year.  In 1998 first  quarter  non-interest
income was $448,000.  The increase in non-interest income was primarily due to a
$185,000 increase in service charge income. In the first quarter of 1999 service
charge income was  uncharacteristicall  low due to computer  conversion  related
problems.  Conversion  issues have been  resolved and first quarter 2000 service
charge income has returned to normalized levels.

                                       15
<PAGE>
<TABLE>
Non-interest Expense                                            First Quarter
(in thousands)                                               2000          1999
                                                             ----          ----
<S>                                                          <C>          <C>
Total                                                        $2,380       $2,151
                                                             ======       ======
</TABLE>
Non-interest  expense  increased  $229,000  (11%) in the first  quarter  of 2000
compared  to the same  period  last year.  Contributing  to this  increase  were
increases of $189,000 (16%) in salaries and benefits, $24,000 (17%) in occupancy
expense,  and $117,000 (100%) in equipment  expense.  There was an $88,000 (10%)
increase in salary  expense due to normal  increases,  adjustments  made to wage
bands in  February  1999,  and  staffing of a new branch in  Brighton.  Benefits
increased  $101,000  (35%) due to increases in th cost of health  insurance  and
profit sharing accruals. Occupancy expense increased due to costs related to the
new branch  office.  Equipment  expense  increased due to the increased  cost of
depreciation on equipment purchased. Equipment purchases were necessary both for
the new branch and to improve efficiency.
<TABLE>
Income Tax Expense                                                First Quarter
(in thousands)                                                  2000         1999
                                                                ----         ----
<S>                                                             <C>          <C>
         Total                                                  $411         $317
                                                                ====         ====
</TABLE>
Fluctuations  in income taxes  resulted  primarily  from changes in the level of
profitability and in variations in the amount of tax-exempt income.
<TABLE>

Capital (in thousands)                           March 31, 2000                        December 31, 1999
-------                                         ------------------                     -----------------
<S>                                                  <C>                                     <C>
Shareholders' Equity*                                $26,232                                 $25,503
Ratio of Equity to Total Assets                       8.82%                                   8.60%
</TABLE>

*Amounts exclude securities  valuation  adjustments  recorded under Statement of
Financial Accounting Standards No. 115 amounting to ($188,000) at March 31, 2000
and ($191,000) at December 31, 1999.

A financial institution's capital ratio is looked upon by the regulators and the
public as an indication of its soundness.  Shareholders'  equity,  excluding the
securities valuation adjustment,  increased $729,000 (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 $313,000.

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.

                                       16
<PAGE>
The Bank's Tier 1  risk-based  capital  ratio at March 31,  2000 was 9.84%,  and
total risk-based  capital was 11.08%.  At March 31, 1999 these ratios were 9.11%
and  10.36%  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 7.78% at March 31,  2000 and 7.24% in 1999.  The minimum  standard  leverage
ratio is 3% but financial institutions are expected to maintain a leverage ratio
1 to 2 percentage points above the 3% minimum.

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 land valued at  approximately  $800,000.  The Company  currently is
attempting  to sell the  remaining  acreage  which is not needed for the branch.
Improvements  needed to enhance the  salability of the property are not expected
to exceed $200,000.

The  Company  also  owns two  other  branch  sites,  one in  Howell  which  cost
approximately  $250,000 and one in Hamburg  which cost  approximately  $330,000.
Building of these branches is expected to be financed from internally  generated
funds. The Company does not expect to develop the land this year.

Accounting Standards

In June 1998, the FASB issued  Statement of Financial  Accounting  Standards No.
133,  Accounting for Derivative  Instruments and Hedging  Activities (SFAS 133).
SFAS  133  establishes   accounting  and  reporting   standards  for  derivative
instruments and hedging activities.  It requires  recognition of all derivatives
as either  assets or  liabilities  in the  statement of financial  condition and
measurement  of those  instruments  at fair value.  The accounting for gains and
losses  on  derivatives  depends  on the  intended  us of the  derivative.  This
Statement is effective for all fiscal  quarters of fiscal years  beginning after
June 15, 1999, with earlier application  encouraged.  Retroactive application is
not  permitted.  SFAS 133 is not  expected to have a  significant  impact on the
financial condition or operations of the Corporation.

In  June  1999,  the  FASB  issued  SFAS  No.  137,  Accounting  for  Derivative
Instruments  and Hedging  Activities-Deferral  of the Effective Date of FASB no.
133.  Statement  137  extends  the  effective  date of SFAS 133 to fiscal  years
beginning after June 15, 2000.

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, 1999 other than previously discussed.

                                       17
<PAGE>
                           PART II - OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K

(a)  Exhibits
       There are none applicable.

(b)  Reports on Form 8-K:
       There were no reports on Form 8-K filed during the first quarter of 2000.


                                   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, 2000 to be signed on its behalf by the undersigned hereunto duly
authorized.


                  FNBH BANCORP, INC.



                  /s/ Barbara D. Martin
                  Barbara D. Martin
                  President and Chief Executive Officer



                  /s/ Barbara J. Nelson
                  Barbara J. Nelson
                  Secretary/Treasurer


DATE:  May 11, 2000

                                       18