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POLAM

REDWOOD CITY, CA

This bank failed on July 2, 2009. It was acquired by SMART, COLUMBUS, OH on July 2, 2009. See all failed banks →

Latest Health Report

Latest Update: Dec. 31, 2020

Assets
$82,887,120
Deposits
$72,612,595
Loans
$52,818,347
Loan Loss Provision
$13,558
Profit
$305,945
Capital
$10,092,023
Reserves
$436,000
Past Due 90 Days
$81,904
Other Real Estate Owned
$1,000
Capital Plus Reserves
$10,528,023
Total Troubled Assets
$82,904
Troubled Asset Ratio
0.79

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 $82,887,120 $72,612,595 $52,818,347 $305,945 $10,528,023 $82,904 0.79
2019 $74,588,171 $64,592,764 $41,113,100 $401,304 $10,210,078 $718,754 7.04
2018 $72,288,682 $62,775,797 $36,259,892 $481,430 $9,796,774 $698,503 7.13
2017 $73,939,068 $64,859,701 $40,985,373 $274,189 $9,303,343 $624,950 6.72
2016 $73,520,499 $64,692,328 $38,116,767 $880,341 $9,029,154 $744,950 8.25