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ALDEN STATE BANK

Alden, MI

Latest Health Report

Latest Update: Dec. 31, 2020

Assets
$251,030,000
Deposits
$222,367,000
Loans
$147,477,000
Loan Loss Provision
$1,025,000
Profit
$2,561,000
Capital
$27,276,000
Reserves
$4,047,000
Past Due 90 Days
$2,000
Nonaccrual
$387,000
Other Real Estate Owned
$0
Capital Plus Reserves
$31,323,000
Total Troubled Assets
$389,000
Troubled Asset Ratio
1.24

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 $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
2015 $174,834,000 $151,872,000 $131,827,000 $2,380,000 $24,296,000 $1,055,000 4.34