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LAKE MICHIGAN

Grand Rapids, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$12,357,512,939
Deposits
$10,614,149,664
Loans
$10,519,080,208
Loan Loss Provision
$ 0
Profit
$46,359,705
Capital
$1,421,068,935
Reserves
$0
Past Due 90 Days
$ 16,284,198
Other Real Estate Owned
$183,424
Capital Plus Reserves
$ 1,421,068,935
Total Troubled Assets
$ 16,467,622
Troubled Asset Ratio
1.16

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 $11,908,096,305 $10,305,308,659 $9,981,612,256 $169,597,248 $ 1,396,998,595 $ 14,931,158 1.07
2021 $11,672,496,627 $10,137,810,223 $7,662,495,425 $157,003,853 $ 1,223,067,395 $ 10,889,755 0.89
2020 $9,236,925,191 $7,811,019,352 $6,442,215,180 $164,518,869 $ 1,061,770,989 $ 6,402,589 0.60
2019 $6,863,398,040 $5,569,227,928 $5,142,125,831 $145,673,738 $ 891,816,401 $ 7,553,020 0.85
2018 $6,064,105,758 $4,847,745,913 $4,949,496,307 $98,047,424 $ 744,404,018 $ 5,929,418 0.80