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UPPER MICHIGAN COMMUNITY

MUNISING, MI

This bank failed on March 8, 2013. See all failed banks →

Latest Health Report

Latest Update: March 31, 2019

Assets
$38,048,650
Deposits
$34,255,076
Loans
$25,135,230
Loan Loss Provision
$ 0
Profit
$56,816
Capital
$3,360,711
Reserves
$138,436
Past Due 90 Days
$ 22,520
Other Real Estate Owned
$0
Capital Plus Reserves
$ 3,499,147
Total Troubled Assets
$ 22,520
Troubled Asset Ratio
0.64

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
2018 $37,157,510 $33,418,311 $25,180,772 $330,881 $ 3,444,552 $ 29,249 0.85
2017 $34,179,544 $30,886,808 $22,556,658 $254,809 $ 3,106,123 $ 84,441 2.72
2016 $35,118,864 $31,937,799 $21,846,499 $118,525 $ 2,919,242 $ 197,916 6.78
2015 $33,506,112 $30,655,205 $21,406,054 $-4,936 $ 2,758,702 $ 247,611 8.98
2014 $31,567,422 $28,715,508 $21,194,712 $115,345 $ 2,758,137 $ 487,437 17.67