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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, 2023
- Assets
- $191,666,092
- Deposits
- $148,332,266
- Loans
- $123,520,246
- Loan Loss Provision
- $ 0
- Profit
- $677,749
- Capital
- $41,961,587
- Reserves
- $0
- Past Due 90 Days
- $ 548,144
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $ 41,961,587
- Total Troubled Assets
- $ 548,144
- Troubled Asset Ratio
- 1.31
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $187,919,268 | $143,766,371 | $119,085,389 | $3,011,405 | $ 41,941,193 | $ 664,584 | 1.58 |
| 2021 | $192,355,724 | $151,750,507 | $105,192,815 | $3,282,568 | $ 39,242,896 | $ 512,123 | 1.31 |
| 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 |