Banktracker

See All Banks

BOUNDARY WATERS BANK

Ely, MN

Latest Health Report

Latest Update: June 30, 2022

Assets
$115,240,000
Deposits
$98,901,000
Loans
$94,124,000
Loan Loss Provision
$ 1,000
Profit
$609,000
Capital
$15,658,000
Reserves
$716,000
Past Due 90 Days
$ 0
Nonaccrual
$667,000
Other Real Estate Owned
$0
Capital Plus Reserves
$ 16,374,000
Total Troubled Assets
$ 667,000
Troubled Asset Ratio
4.07

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
2021 $117,525,000 $100,397,000 $93,573,000 $1,130,000 $ 15,751,000 $ 2,200,000 13.97
2020 $129,335,000 $111,758,000 $91,634,000 $83,000 $ 14,487,000 $ 2,397,000 16.55
2019 $107,595,000 $89,786,000 $87,004,000 $1,001,000 $ 14,315,000 $ 3,230,000 22.56
2018 $111,044,000 $83,080,000 $93,863,000 $1,200,000 $ 12,834,000 $ 2,661,000 20.73
2016 $115,743,000 $92,284,000 $91,596,000 $1,385,000 $ 11,227,000 $ 1,223,000 10.89