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CHOICEONE BANK

Sparta, MI

Latest Health Report

Latest Update: Dec. 31, 2020

Assets
$1,921,293,000
Deposits
$1,686,550,000
Loans
$1,110,206,000
Loan Loss Provision
$4,000,000
Profit
$18,047,000
Capital
$152,091,000
Reserves
$7,593,000
Past Due 90 Days
$94,000
Nonaccrual
$5,338,000
Other Real Estate Owned
$265,000
Capital Plus Reserves
$159,684,000
Total Troubled Assets
$5,697,000
Troubled Asset Ratio
3.57

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2020 $1,921,293,000 $1,686,550,000 $1,110,206,000 $18,047,000 $159,684,000 $5,697,000 3.57
2019 $673,946,000 $578,649,000 $430,326,000 $7,051,000 $69,419,000 $3,824,000 5.51
2018 $666,767,000 $578,415,000 $425,876,000 $7,251,000 $66,982,000 $1,634,000 2.44
2016 $603,892,000 $512,903,000 $366,697,000 $6,133,000 $58,986,000 $2,297,000 3.89
2015 $565,408,000 $475,841,000 $350,068,000 $5,810,000 $55,768,000 $2,598,000 4.66