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MICHIGAN UNITED

Birmingham, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$373,529,101
Deposits
$337,748,577
Loans
$194,832,486
Loan Loss Provision
$ 0
Profit
$384,616
Capital
$33,865,048
Reserves
$0
Past Due 90 Days
$ 103,579
Other Real Estate Owned
$0
Capital Plus Reserves
$ 33,865,048
Total Troubled Assets
$ 103,579
Troubled Asset Ratio
0.31

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 $357,358,117 $313,802,050 $185,633,878 $1,886,605 $ 33,829,283 $ 70,846 0.21
2021 $344,104,072 $310,215,689 $136,760,356 $1,013,349 $ 31,095,428 $ 186,752 0.60
2020 $257,487,147 $233,536,567 $139,594,964 $732,846 $ 22,082,244 $ 133,140 0.60
2019 $119,641,326 $108,080,925 $71,291,451 $610,214 $ 11,102,744 $ 351,943 3.17
2018 $69,083,172 $62,602,683 $47,912,062 $518,023 $ 6,248,685 $ 261,732 4.19