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TAHQUAMENON AREA

NEWBERRY, MI

Latest Health Report

Latest Update: March 31, 2021

Assets
$74,756,754
Deposits
$66,518,550
Loans
$19,858,925
Loan Loss Provision
$6,795
Profit
$15,158
Capital
$7,318,664
Reserves
$81,279
Past Due 90 Days
$23,469
Other Real Estate Owned
$0
Capital Plus Reserves
$7,399,943
Total Troubled Assets
$23,469
Troubled Asset Ratio
0.32

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 $70,659,890 $61,780,657 $20,132,838 $206,857 $7,389,925 $22,304 0.30
2019 $61,472,170 $53,367,053 $20,957,363 $245,867 $7,177,136 $283,685 3.95
2018 $98,964,000 $79,903,000 $67,773,000 $-28,000 $10,138,000 $3,131,000 30.88
2017 $60,136,023 $53,218,082 $21,954,558 $157,933 $6,510,342 $345,870 5.31
2016 $92,012,000 $70,693,000 $63,310,000 $266,000 $9,900,000 $708,000 7.15