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FIRST CHOICE FINANCIAL

Gloversville, NY

Latest Health Report

Latest Update: March 31, 2023

Assets
$167,386,121
Deposits
$148,178,543
Loans
$87,023,697
Loan Loss Provision
$ 165,362
Profit
$230,978
Capital
$17,038,819
Reserves
$999,027
Past Due 90 Days
$ 354,953
Other Real Estate Owned
$25,000
Capital Plus Reserves
$ 18,037,846
Total Troubled Assets
$ 379,953
Troubled Asset Ratio
2.11

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
2022 $163,003,938 $141,275,927 $87,685,674 $727,040 $ 17,752,112 $ 891,505 5.02
2021 $153,694,373 $137,560,913 $79,914,091 $1,196,545 $ 16,871,654 $ 679,797 4.03
2020 $136,309,569 $120,407,861 $70,899,309 $723,710 $ 15,599,936 $ 854,084 5.47
2019 $114,005,572 $99,406,758 $62,105,487 $911,071 $ 14,709,767 $ 1,016,797 6.91
2018 $29,727,000 $25,754,000 $13,801,000 $161,000 $ 3,705,000 $ 3,000 0.08