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FIRST INDEPENDENCE BANK
Detroit, MI
Latest Health Report
Latest Update: Sept. 30, 2021
- Assets
- $406,740,000
- Deposits
- $290,411,000
- Loans
- $158,835,000
- Loan Loss Provision
- $ -194,000
- Profit
- $3,406,000
- Capital
- $40,000,000
- Reserves
- $1,783,000
- Past Due 90 Days
- $ 0
- Nonaccrual
- $156,000
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $ 41,783,000
- Total Troubled Assets
- $ 156,000
- Troubled Asset Ratio
- 0.37
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2020 | $287,416,000 | $196,481,000 | $161,064,000 | $1,311,000 | $ 27,769,000 | $ 799,000 | 2.88 |
| 2019 | $295,951,000 | $209,356,000 | $166,859,000 | $1,558,000 | $ 29,155,000 | $ 3,207,000 | 11.00 |
| 2018 | $259,692,000 | $194,797,000 | $175,851,000 | $3,050,000 | $ 26,775,000 | $ 901,000 | 3.37 |
| 2016 | $234,817,000 | $185,362,000 | $155,146,000 | $594,000 | $ 22,973,000 | $ 1,372,000 | 5.97 |
| 2015 | $216,821,000 | $168,750,000 | $132,307,000 | $2,346,000 | $ 24,454,000 | $ 1,434,000 | 5.86 |