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NORTH CENTRAL AREA

HOUGHTON LAKE, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$164,756,820
Deposits
$157,116,482
Loans
$72,077,241
Loan Loss Provision
$ 0
Profit
$-195,360
Capital
$13,330,113
Reserves
$0
Past Due 90 Days
$ 129,140
Other Real Estate Owned
$0
Capital Plus Reserves
$ 13,330,113
Total Troubled Assets
$ 129,140
Troubled Asset Ratio
0.97

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 $165,934,065 $159,024,381 $71,165,275 $951,032 $ 13,275,595 $ 158,227 1.19
2021 $172,432,183 $159,867,438 $54,515,079 $-19,731 $ 12,471,047 $ 66,412 0.53
2020 $144,874,261 $130,267,320 $46,296,609 $229,059 $ 12,501,080 $ 551,792 4.41
2019 $119,342,377 $106,607,912 $51,221,514 $466,315 $ 12,203,235 $ 433,085 3.55
2018 $116,766,906 $105,766,544 $53,943,751 $524,521 $ 11,763,967 $ 777,028 6.61