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SETTLERS

BRUCE CROSSING, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$34,516,693
Deposits
$29,610,597
Loans
$16,332,870
Loan Loss Provision
$ 22,409
Profit
$108,219
Capital
$4,691,342
Reserves
$152,155
Past Due 90 Days
$ 181,310
Other Real Estate Owned
$0
Capital Plus Reserves
$ 4,843,497
Total Troubled Assets
$ 181,310
Troubled Asset Ratio
3.74

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 $33,827,649 $28,972,109 $16,263,971 $417,633 $ 4,740,585 $ 117,574 2.48
2021 $33,074,575 $28,701,900 $15,715,215 $393,057 $ 4,378,493 $ 117,966 2.69
2020 $29,865,017 $25,909,525 $16,259,748 $361,118 $ 4,079,184 $ 277,047 6.79
2019 $24,968,125 $21,410,378 $16,341,016 $260,080 $ 3,732,577 $ 315,964 8.47
2018 $25,316,917 $21,913,384 $16,495,802 $624,947 $ 3,421,026 $ 489,432 14.31