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COMPASS

SPARTA, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$94,153,040
Deposits
$86,590,789
Loans
$54,676,650
Loan Loss Provision
$ 0
Profit
$185,171
Capital
$9,218,617
Reserves
$0
Past Due 90 Days
$ 540,465
Other Real Estate Owned
$0
Capital Plus Reserves
$ 9,218,617
Total Troubled Assets
$ 540,465
Troubled Asset Ratio
5.86

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 $93,588,462 $86,724,536 $55,127,333 $790,920 $ 9,033,546 $ 487,415 5.40
2021 $89,270,680 $80,365,638 $42,838,890 $528,870 $ 8,645,990 $ 139,919 1.62
2020 $80,206,150 $71,351,191 $33,322,359 $512,799 $ 8,111,267 $ 184,331 2.27
2019 $64,814,707 $56,855,824 $33,783,092 $549,544 $ 7,633,231 $ 230,793 3.02
2018 $63,377,581 $56,242,481 $27,815,979 $1,068,340 $ 7,023,221 $ 158,174 2.25