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FOREST AREA
FIFE LAKE, MI
Latest Health Report
Latest Update: March 31, 2023
- Assets
- $231,697,618
- Deposits
- $204,927,218
- Loans
- $168,057,458
- Loan Loss Provision
- $ 659,518
- Profit
- $780,756
- Capital
- $26,174,757
- Reserves
- $1,149,547
- Past Due 90 Days
- $ 971,552
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $ 27,324,304
- Total Troubled Assets
- $ 971,552
- Troubled Asset Ratio
- 3.56
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $220,867,751 | $195,594,894 | $163,667,839 | $4,288,628 | $ 26,341,184 | $ 1,800,470 | 6.84 |
| 2021 | $194,342,987 | $172,478,234 | $123,647,852 | $2,847,336 | $ 22,193,867 | $ 441,623 | 1.99 |
| 2020 | $157,969,413 | $138,468,273 | $104,680,797 | $922,698 | $ 19,276,822 | $ 319,260 | 1.66 |
| 2019 | $127,092,171 | $108,640,177 | $81,086,953 | $385,824 | $ 17,898,560 | $ 565,038 | 3.16 |
| 2018 | $112,380,442 | $93,087,873 | $58,130,331 | $670,983 | $ 17,530,541 | $ 206,632 | 1.18 |