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FIRST BANK ELK RIVER

Elk River, MN

Latest Health Report

Latest Update: March 31, 2022

Assets
$381,405,000
Deposits
$309,685,000
Loans
$206,914,000
Loan Loss Provision
$ 0
Profit
$577,000
Capital
$31,748,000
Reserves
$2,014,000
Past Due 90 Days
$ 39,000
Nonaccrual
$42,000
Other Real Estate Owned
$0
Capital Plus Reserves
$ 33,762,000
Total Troubled Assets
$ 81,000
Troubled Asset Ratio
0.24

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 $400,673,000 $312,389,000 $201,939,000 $3,132,000 $ 34,088,000 $ 3,757,000 11.02
2020 $361,412,000 $268,483,000 $226,565,000 $2,540,000 $ 32,074,000 $ 507,000 1.58
2019 $287,848,000 $212,674,000 $174,757,000 $2,065,000 $ 29,345,000 $ 818,000 2.79
2018 $274,289,000 $206,805,000 $155,541,000 $1,535,000 $ 31,871,000 $ 1,073,000 3.37
2016 $268,433,000 $196,922,000 $136,796,000 $1,415,000 $ 27,743,000 $ 3,042,000 10.96