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Ericson State Bank

Ericson, NE

This bank failed on Feb. 14, 2020. It was acquired by Farmers & Merchants Bank, Statesboro, GA on Feb. 14, 2020. See all failed banks →

Latest Health Report

Latest Update: Dec. 31, 2019

Assets
$97,505,609
Deposits
$83,091,778
Loans
$62,653,565
Loan Loss Provision
$208,363
Profit
$599,757
Capital
$12,074,519
Reserves
$408,041
Past Due 90 Days
$176,941
Nonaccrual
$None
Other Real Estate Owned
$62,530
Capital Plus Reserves
$12,482,560
Total Troubled Assets
$239,471
Troubled Asset Ratio
1.92

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 97,505,609 83,091,778 62,653,565 599,757 12,482,560 239,471 1.92
2018 103,404,000 88,322,000 89,864,000 1,921,000 10,333,000 61,000 0.59
2016 78,979,000 67,142,000 70,286,000 1,062,000 7,983,000 257,000 3.22
2015 84,952,732 74,476,576 44,484,931 523,537 10,294,388 278,527 2.71
2014 75,479,000 61,163,000 57,245,000 831,000 6,731,000 639,000 9.49