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THE CITIZENS STATE BANK OF ONTONAGON

Ontonagon, MI

Latest Health Report

Latest Update: Dec. 31, 2020

Assets
$63,645,000
Deposits
$53,027,000
Loans
$15,681,000
Loan Loss Provision
$200,000
Profit
$189,000
Capital
$10,527,000
Reserves
$369,000
Past Due 90 Days
$82,000
Nonaccrual
$126,000
Other Real Estate Owned
$120,000
Capital Plus Reserves
$10,896,000
Total Troubled Assets
$328,000
Troubled Asset Ratio
3.01

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 $63,645,000 $53,027,000 $15,681,000 $189,000 $10,896,000 $328,000 3.01
2019 $52,582,000 $45,140,000 $14,777,000 $197,000 $7,240,000 $366,000 5.06
2018 $55,012,000 $48,264,000 $13,852,000 $220,000 $7,101,000 $698,000 9.83
2016 $52,842,000 $46,071,000 $14,131,000 $204,000 $6,791,000 $556,000 8.19
2015 $53,329,000 $46,610,000 $13,408,000 $186,000 $6,837,000 $277,000 4.05