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TAHQUAMENON AREA

NEWBERRY, MI

Latest Health Report

Latest Update: March 31, 2020

Assets
$97,288,000
Deposits
$78,082,000
Loans
$68,202,000
Loan Loss Provision
$0
Profit
$172,000
Capital
$9,416,000
Reserves
$863,000
Past Due 90 Days
$123,000
Other Real Estate Owned
$0
Capital Plus Reserves
$10,279,000
Total Troubled Assets
$2,027,000
Troubled Asset Ratio
19.72

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
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
2015 $60,441,305 $52,951,360 $21,675,754 $192,625 $6,618,582 $427,355 6.46