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DOWAGIAC AREA

DOWAGIAC, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$24,622,742
Deposits
$22,927,759
Loans
$7,629,594
Loan Loss Provision
$ 3,600
Profit
$67,171
Capital
$1,659,630
Reserves
$44,444
Past Due 90 Days
$ 44,395
Other Real Estate Owned
$0
Capital Plus Reserves
$ 1,704,074
Total Troubled Assets
$ 44,395
Troubled Asset Ratio
2.61

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 $24,807,495 $23,182,888 $7,138,347 $56,777 $ 1,633,031 $ 7,656 0.47
2021 $24,312,958 $22,779,049 $7,422,276 $17,660 $ 1,571,794 $ 2,194 0.14
2020 $22,081,941 $20,524,515 $8,092,622 $-87,131 $ 1,538,335 $ 175,709 11.42
2019 $16,891,348 $15,291,081 $8,243,039 $34,809 $ 1,599,481 $ 19,928 1.25
2018 $94,097,000 $74,565,000 $52,646,000 $767,000 $ 13,722,000 $ 835,000 6.09