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ELGIN STATE BANK

Elgin, IA

Latest Health Report

Latest Update: June 30, 2022

Assets
$28,626,000
Deposits
$27,568,000
Loans
$16,458,000
Loan Loss Provision
$ 4,000
Profit
$6,000
Capital
$1,898,000
Reserves
$140,000
Past Due 90 Days
$ 6,000
Nonaccrual
$0
Other Real Estate Owned
$0
Capital Plus Reserves
$ 2,038,000
Total Troubled Assets
$ 6,000
Troubled Asset Ratio
0.29

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 $30,292,000 $28,558,000 $15,774,000 $65,000 $ 2,032,000 $ 9,000 0.44
2020 $26,530,000 $24,719,000 $13,067,000 $-8,000 $ 1,951,000 $ 1,000 0.05
2019 $24,289,000 $22,447,000 $12,848,000 $3,000 $ 1,951,000 $ 4,000 0.21
2018 $25,203,000 $23,709,000 $11,204,000 $28,000 $ 1,948,000 $ 6,000 0.31
2016 $24,201,000 $22,679,000 $8,537,000 $16,000 $ 1,907,000 $ 33,000 1.73