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ELEMENT

CHARLESTON, WV

Latest Health Report

Latest Update: March 31, 2023

Assets
$55,124,189
Deposits
$48,134,271
Loans
$33,751,860
Loan Loss Provision
$ 30,000
Profit
$277,272
Capital
$6,409,131
Reserves
$607,176
Past Due 90 Days
$ 80,911
Other Real Estate Owned
$172,233
Capital Plus Reserves
$ 7,016,307
Total Troubled Assets
$ 253,144
Troubled Asset Ratio
3.61

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 $47,822,031 $41,408,732 $34,396,516 $892,919 $ 6,722,729 $ 207,570 3.09
2021 $41,864,691 $36,288,622 $30,391,170 $732,371 $ 5,819,900 $ 81,926 1.41
2020 $48,261,843 $43,461,518 $29,053,912 $283,300 $ 5,100,455 $ 182,958 3.59
2019 $35,869,796 $31,484,125 $29,852,166 $250,776 $ 4,696,832 $ 450,440 9.59
2018 $32,911,042 $28,785,757 $29,268,445 $278,275 $ 4,428,321 $ 450,033 10.16