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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: March 31, 2023

Assets
$86,158,581
Deposits
$75,121,520
Loans
$67,820,181
Loan Loss Provision
$ 0
Profit
$42,033
Capital
$10,682,083
Reserves
$0
Past Due 90 Days
$ 409,390
Other Real Estate Owned
$8,586
Capital Plus Reserves
$ 10,682,083
Total Troubled Assets
$ 417,976
Troubled Asset Ratio
3.91

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 $88,820,248 $77,752,591 $67,618,898 $250,829 $ 11,075,051 $ 484,647 4.38
2021 $91,841,799 $81,249,906 $56,386,885 $297,199 $ 10,825,221 $ 344,341 3.18
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