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AAC

Grand Rapids, MI

This bank failed on Feb. 13, 2009. See all failed banks →

Latest Health Report

Latest Update: March 31, 2021

Assets
$192,540,928
Deposits
$154,244,491
Loans
$95,688,705
Loan Loss Provision
$47,000
Profit
$899,321
Capital
$35,957,160
Reserves
$1,087,431
Past Due 90 Days
$189,781
Other Real Estate Owned
$0
Capital Plus Reserves
$37,044,591
Total Troubled Assets
$189,781
Troubled Asset Ratio
0.51

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
2020 $181,020,522 $144,330,452 $95,574,311 $3,446,467 $36,138,442 $246,075 0.68
2019 $150,837,868 $117,802,522 $96,257,235 $2,696,370 $32,309,845 $959,907 2.97
2018 $143,224,198 $112,897,265 $99,515,163 $2,641,817 $29,952,612 $1,250,571 4.18
2017 $139,294,993 $111,409,605 $92,572,177 $2,390,743 $27,249,505 $805,001 2.95
2016 $134,344,027 $100,650,358 $83,526,643 $2,023,939 $24,844,099 $542,129 2.18