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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
| 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 |