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HONOR BANK

Honor, MI

Latest Health Report

Latest Update: March 31, 2021

Assets
$324,219,000
Deposits
$294,573,000
Loans
$250,974,000
Loan Loss Provision
$91,000
Profit
$1,477,000
Capital
$27,042,000
Reserves
$3,025,000
Past Due 90 Days
$0
Nonaccrual
$349,000
Other Real Estate Owned
$180,000
Capital Plus Reserves
$30,067,000
Total Troubled Assets
$529,000
Troubled Asset Ratio
1.76

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 $295,566,000 $268,496,000 $236,128,000 $3,302,000 $28,497,000 $547,000 1.92
2019 $242,914,000 $213,341,000 $193,440,000 $2,601,000 $25,804,000 $1,261,000 4.89
2018 $236,123,000 $203,812,000 $191,307,000 $2,183,000 $23,790,000 $1,213,000 5.10
2016 $206,932,000 $182,205,000 $167,278,000 $1,047,000 $20,628,000 $1,465,000 7.10
2015 $193,033,000 $169,113,000 $142,957,000 $-472,000 $20,127,000 $3,145,000 15.63