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FAMILY FINANCIAL

Norton Shores, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$161,796,033
Deposits
$145,343,986
Loans
$92,562,849
Loan Loss Provision
$ 85,000
Profit
$174,529
Capital
$17,643,637
Reserves
$168,210
Past Due 90 Days
$ 339,147
Other Real Estate Owned
$0
Capital Plus Reserves
$ 17,811,847
Total Troubled Assets
$ 339,147
Troubled Asset Ratio
1.90

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 $160,318,177 $144,226,112 $90,946,400 $746,537 $ 17,614,107 $ 481,341 2.73
2021 $159,514,399 $141,877,797 $85,255,768 $472,138 $ 16,933,122 $ 414,008 2.44
2020 $143,449,187 $125,721,275 $80,987,512 $347,005 $ 16,469,385 $ 735,877 4.47
2019 $118,044,990 $101,343,899 $77,265,754 $572,068 $ 16,130,116 $ 807,245 5.00
2018 $112,311,766 $96,805,155 $73,875,969 $673,551 $ 15,600,413 $ 781,134 5.01