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FIRST GENERAL

NORTON SHORES, MI

Latest Health Report

Latest Update: March 31, 2021

Assets
$61,291,235
Deposits
$52,099,489
Loans
$31,754,413
Loan Loss Provision
$-22,511
Profit
$-39,825
Capital
$8,395,589
Reserves
$106,152
Past Due 90 Days
$109,982
Other Real Estate Owned
$0
Capital Plus Reserves
$8,501,741
Total Troubled Assets
$109,982
Troubled Asset Ratio
1.29

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 $59,661,682 $50,593,334 $32,794,470 $158,586 $8,557,153 $156,076 1.82
2019 $54,632,756 $45,829,915 $31,337,071 $-450,027 $8,383,690 $282,723 3.37
2018 $55,985,324 $46,735,972 $29,142,227 $-190,301 $8,815,333 $405,959 4.61
2017 $57,066,732 $47,904,108 $28,047,399 $-711,993 $9,393,617 $515,675 5.49
2016 $60,284,782 $49,938,841 $32,812,510 $-1,223,477 $10,004,874 $731,778 7.31