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PEOPLE DRIVEN

SOUTHFIELD, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$458,626,971
Deposits
$417,184,127
Loans
$285,139,927
Loan Loss Provision
$ 108,951
Profit
$3,742,813
Capital
$41,250,600
Reserves
$1,014,492
Past Due 90 Days
$ 1,602,404
Other Real Estate Owned
$43,332
Capital Plus Reserves
$ 42,265,092
Total Troubled Assets
$ 1,645,736
Troubled Asset Ratio
3.89

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 $350,725,786 $317,687,013 $209,436,781 $3,604,730 $ 35,486,160 $ 777,300 2.19
2021 $342,698,553 $311,208,023 $176,718,214 $1,865,610 $ 32,059,504 $ 907,029 2.83
2020 $325,452,038 $293,777,657 $178,646,105 $1,377,999 $ 30,749,993 $ 893,382 2.91
2019 $272,115,818 $242,555,802 $181,266,726 $1,803,159 $ 29,033,803 $ 1,303,988 4.49
2018 $41,227,000 $35,596,000 $14,777,000 $192,000 $ 6,059,000 $ 119,000 1.96