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CHELSEA STATE BANK

Chelsea, MI

Latest Health Report

Latest Update: March 31, 2021

Assets
$429,223,000
Deposits
$385,111,000
Loans
$223,385,000
Loan Loss Provision
$60,000
Profit
$1,649,000
Capital
$39,135,000
Reserves
$4,022,000
Past Due 90 Days
$0
Nonaccrual
$41,000
Other Real Estate Owned
$600,000
Capital Plus Reserves
$43,157,000
Total Troubled Assets
$641,000
Troubled Asset Ratio
1.49

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 $379,045,000 $335,442,000 $210,855,000 $4,715,000 $42,013,000 $2,445,000 5.82
2019 $297,110,000 $257,761,000 $173,462,000 $4,919,000 $39,785,000 $939,000 2.36
2018 $299,878,000 $264,286,000 $173,395,000 $5,261,000 $37,372,000 $1,289,000 3.45
2016 $277,203,000 $244,731,000 $164,596,000 $4,920,000 $33,995,000 $2,333,000 6.86
2015 $270,178,000 $238,367,000 $151,867,000 $3,763,000 $33,378,000 $2,464,000 7.38