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FOREST AREA

FIFE LAKE, MI

Latest Health Report

Latest Update: March 31, 2021

Assets
$174,816,353
Deposits
$154,447,269
Loans
$106,470,871
Loan Loss Provision
$4,121
Profit
$654,505
Capital
$18,912,541
Reserves
$983,045
Past Due 90 Days
$234,926
Other Real Estate Owned
$0
Capital Plus Reserves
$19,895,586
Total Troubled Assets
$234,926
Troubled Asset Ratio
1.18

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 $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
2017 $108,078,848 $91,179,683 $48,304,014 $1,426,221 $16,917,924 $280,604 1.66
2016 $104,551,572 $89,162,977 $45,017,632 $677,321 $15,632,300 $597,272 3.82