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1ST STATE BANK

Saginaw, MI

Latest Health Report

Latest Update: June 30, 2022

Assets
$460,758,000
Deposits
$411,771,000
Loans
$260,299,000
Loan Loss Provision
$ 0
Profit
$1,966,000
Capital
$40,083,000
Reserves
$5,004,000
Past Due 90 Days
$ 486,000
Nonaccrual
$4,028,000
Other Real Estate Owned
$135,000
Capital Plus Reserves
$ 45,087,000
Total Troubled Assets
$ 4,649,000
Troubled Asset Ratio
10.31

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 $456,542,000 $403,161,000 $244,504,000 $5,368,000 $ 43,174,000 $ 4,571,000 10.59
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