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FIRST INDEPENDENCE BANK
Detroit, MI
Latest Health Report
Latest Update: March 31, 2021
- Assets
- $323,762,000
- Deposits
- $231,830,000
- Loans
- $160,558,000
- Loan Loss Provision
- $129,000
- Profit
- $522,000
- Capital
- $29,677,000
- Reserves
- $2,105,000
- Past Due 90 Days
- $52,000
- Nonaccrual
- $480,000
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $31,782,000
- Total Troubled Assets
- $532,000
- Troubled Asset Ratio
- 1.67
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 |