See All Banks
CHELSEA STATE BANK
Chelsea, MI
Latest Health Report
Latest Update: June 30, 2022
- Assets
- $429,274,000
- Deposits
- $392,700,000
- Loans
- $214,943,000
- Loan Loss Provision
- $ 0
- Profit
- $2,958,000
- Capital
- $42,792,000
- Reserves
- $4,038,000
- Past Due 90 Days
- $ 0
- Nonaccrual
- $24,000
- Other Real Estate Owned
- $600,000
- Capital Plus Reserves
- $ 46,830,000
- Total Troubled Assets
- $ 624,000
- Troubled Asset Ratio
- 1.33
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2021 | $438,489,000 | $393,945,000 | $208,515,000 | $6,081,000 | $ 44,889,000 | $ 712,000 | 1.59 |
| 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 |