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BANK MICHIGAN
Brooklyn, MI
Latest Health Report
Latest Update: June 30, 2022
- Assets
- $115,587,000
- Deposits
- $103,875,000
- Loans
- $92,980,000
- Loan Loss Provision
- $ 66,000
- Profit
- $-38,000
- Capital
- $9,978,000
- Reserves
- $986,000
- Past Due 90 Days
- $ 0
- Nonaccrual
- $784,000
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $ 10,964,000
- Total Troubled Assets
- $ 784,000
- Troubled Asset Ratio
- 7.15
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2021 | $117,224,000 | $105,771,000 | $86,700,000 | $540,000 | $ 11,123,000 | $ 614,000 | 5.52 |
| 2020 | $117,935,000 | $101,120,000 | $87,467,000 | $-177,000 | $ 10,734,000 | $ 1,091,000 | 10.16 |
| 2019 | $102,271,000 | $83,381,000 | $75,458,000 | $489,000 | $ 10,549,000 | $ 928,000 | 8.80 |
| 2018 | $102,449,000 | $84,374,000 | $75,852,000 | $68,000 | $ 10,719,000 | $ 1,173,000 | 10.94 |
| 2016 | $70,874,000 | $62,249,000 | $48,609,000 | $-1,428,000 | $ 8,610,000 | $ 2,296,000 | 26.67 |