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FIRST INDEPENDENCE BANK
Detroit, MI
Latest Health Report
Latest Update: June 30, 2022
- Assets
- $457,752,000
- Deposits
- $350,269,000
- Loans
- $225,985,000
- Loan Loss Provision
- $ 500,000
- Profit
- $393,000
- Capital
- $45,186,000
- Reserves
- $2,547,000
- Past Due 90 Days
- $ 1,104,000
- Nonaccrual
- $487,000
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $ 47,733,000
- Total Troubled Assets
- $ 1,591,000
- Troubled Asset Ratio
- 3.33
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2021 | $412,314,000 | $301,204,000 | $186,258,000 | $4,230,000 | $ 46,791,000 | $ 531,000 | 1.13 |
| 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 |