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WOLVERINE STATE

Alpena, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$142,896,141
Deposits
$131,049,820
Loans
$84,068,313
Loan Loss Provision
$ 0
Profit
$160,334
Capital
$13,670,550
Reserves
$0
Past Due 90 Days
$ 246,100
Other Real Estate Owned
$0
Capital Plus Reserves
$ 13,670,550
Total Troubled Assets
$ 246,100
Troubled Asset Ratio
1.80

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 $143,771,360 $131,600,283 $85,224,536 $555,880 $ 13,947,513 $ 506,622 3.63
2021 $141,555,173 $127,953,945 $75,699,743 $523,221 $ 13,269,247 $ 253,812 1.91
2020 $122,996,267 $109,550,903 $67,264,451 $443,713 $ 12,806,560 $ 513,029 4.01
2019 $103,627,490 $90,943,202 $62,602,765 $437,588 $ 12,609,821 $ 1,253,928 9.94
2018 $102,471,909 $90,432,379 $59,883,933 $835,666 $ 11,955,707 $ 937,889 7.84