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1ST STATE BANK

Saginaw, MI

Latest Health Report

Latest Update: March 31, 2021

Assets
$458,234,000
Deposits
$404,973,000
Loans
$282,044,000
Loan Loss Provision
$250,000
Profit
$1,423,000
Capital
$34,260,000
Reserves
$4,939,000
Past Due 90 Days
$15,000
Nonaccrual
$3,603,000
Other Real Estate Owned
$0
Capital Plus Reserves
$39,199,000
Total Troubled Assets
$3,618,000
Troubled Asset Ratio
9.23

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
2020 $413,183,000 $362,051,000 $273,642,000 $3,724,000 $37,687,000 $4,954,000 13.15
2019 $323,664,000 $276,753,000 $212,850,000 $2,928,000 $32,454,000 $3,943,000 12.15
2018 $283,186,000 $239,145,000 $195,795,000 $2,586,000 $29,382,000 $2,353,000 8.01
2016 $226,536,000 $193,825,000 $168,468,000 $1,768,000 $23,658,000 $3,315,000 14.01
2015 $218,349,000 $188,702,000 $157,314,000 $1,328,000 $21,457,000 $3,636,000 16.95