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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
| 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 |