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ALPENA-ALCONA AREA
ALPENA, MI
Latest Health Report
Latest Update: March 31, 2023
- Assets
- $724,101,971
- Deposits
- $638,206,748
- Loans
- $415,381,532
- Loan Loss Provision
- $ 0
- Profit
- $2,428,770
- Capital
- $81,240,771
- Reserves
- $0
- Past Due 90 Days
- $ 2,273,106
- Other Real Estate Owned
- $26,200
- Capital Plus Reserves
- $ 81,240,771
- Total Troubled Assets
- $ 2,299,306
- Troubled Asset Ratio
- 2.83
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $575,267,708 | $503,379,418 | $353,087,751 | $6,670,558 | $ 69,061,817 | $ 2,351,509 | 3.40 |
| 2021 | $535,793,758 | $470,193,837 | $298,812,736 | $7,790,903 | $ 61,953,722 | $ 1,514,962 | 2.45 |
| 2020 | $451,024,745 | $394,614,063 | $259,024,039 | $7,393,734 | $ 54,393,841 | $ 1,211,141 | 2.23 |
| 2019 | $371,328,853 | $322,042,442 | $234,420,446 | $5,615,277 | $ 47,015,784 | $ 1,500,392 | 3.19 |
| 2018 | $143,432,000 | $113,482,000 | $109,518,000 | $2,149,000 | $ 16,053,000 | $ 52,000 | 0.32 |