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FIRST COMMUNITY BANK

Harbor Springs, MI

Latest Health Report

Latest Update: June 30, 2022

Assets
$448,191,000
Deposits
$412,525,000
Loans
$288,022,000
Loan Loss Provision
$ 0
Profit
$2,696,000
Capital
$37,204,000
Reserves
$3,413,000
Past Due 90 Days
$ 18,000
Nonaccrual
$0
Other Real Estate Owned
$0
Capital Plus Reserves
$ 40,617,000
Total Troubled Assets
$ 18,000
Troubled Asset Ratio
0.04

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 $456,295,000 $408,875,000 $282,089,000 $6,792,000 $ 40,173,000 $ 13,000 0.03
2020 $379,627,000 $330,042,000 $271,067,000 $5,514,000 $ 36,396,000 $ 159,000 0.44
2019 $312,284,000 $265,820,000 $259,328,000 $5,037,000 $ 33,486,000 $ 290,000 0.87
2018 $312,256,000 $265,637,000 $260,397,000 $4,253,000 $ 32,261,000 $ 558,000 1.73
2016 $263,423,000 $223,045,000 $218,475,000 $4,320,000 $ 30,626,000 $ 1,422,000 4.64