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Ericson State Bank

Ericson, NE

This bank failed on Feb. 14, 2020. It was acquired by Farmers and Merchants Bank, Rudolph, WI on Feb. 14, 2020. See all failed banks →

Latest Health Report

Latest Update: Dec. 31, 2019

Assets
$100,879,000
Deposits
$95,159,000
Loans
$86,140,000
Loan Loss Provision
$6,963,000
Profit
$-3,546,000
Capital
$3,718,000
Reserves
$3,185,000
Past Due 90 Days
$1,324,000
Nonaccrual
$4,848,000
Other Real Estate Owned
$50,000
Capital Plus Reserves
$6,903,000
Total Troubled Assets
$6,222,000
Troubled Asset Ratio
90.13

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
2019 $100,879,000 $95,159,000 $86,140,000 $-3,546,000 $6,903,000 $6,222,000 90.13
2018 $103,404,000 $88,322,000 $89,864,000 $1,921,000 $10,333,000 $61,000 0.59