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ALDEN STATE BANK

Alden, MI

Latest Health Report

Latest Update: June 30, 2022

Assets
$299,696,000
Deposits
$271,808,000
Loans
$128,730,000
Loan Loss Provision
$ 0
Profit
$967,000
Capital
$27,669,000
Reserves
$4,884,000
Past Due 90 Days
$ 109,000
Nonaccrual
$328,000
Other Real Estate Owned
$0
Capital Plus Reserves
$ 32,553,000
Total Troubled Assets
$ 437,000
Troubled Asset Ratio
1.34

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 $292,309,000 $263,122,000 $132,824,000 $2,358,000 $ 32,558,000 $ 265,000 0.81
2020 $251,030,000 $222,367,000 $147,477,000 $2,561,000 $ 31,323,000 $ 389,000 1.24
2019 $204,817,000 $177,841,000 $143,726,000 $2,614,000 $ 28,795,000 $ 411,000 1.43
2018 $187,673,000 $162,687,000 $143,535,000 $1,180,000 $ 26,785,000 $ 625,000 2.33
2016 $182,309,000 $158,123,000 $135,554,000 $2,486,000 $ 25,507,000 $ 1,739,000 6.82