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CHOICEONE BANK

Sparta, MI

Latest Health Report

Latest Update: June 30, 2022

Assets
$2,357,558,000
Deposits
$2,150,826,000
Loans
$1,122,023,000
Loan Loss Provision
$ 0
Profit
$12,046,000
Capital
$187,270,000
Reserves
$7,416,000
Past Due 90 Days
$ 0
Nonaccrual
$1,150,000
Other Real Estate Owned
$0
Capital Plus Reserves
$ 194,686,000
Total Troubled Assets
$ 1,150,000
Troubled Asset Ratio
0.59

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
2021 $2,363,747,000 $2,069,915,000 $1,061,143,000 $22,274,000 $ 182,275,000 $ 1,834,000 1.01
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