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MICHIGAN LEGACY

Wyandotte, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$242,566,850
Deposits
$219,107,858
Loans
$165,931,664
Loan Loss Provision
$ 0
Profit
$-27,602
Capital
$24,492,026
Reserves
$0
Past Due 90 Days
$ 341,467
Other Real Estate Owned
$0
Capital Plus Reserves
$ 24,492,026
Total Troubled Assets
$ 341,467
Troubled Asset Ratio
1.39

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 $249,566,982 $221,348,058 $170,769,903 $1,035,467 $ 24,868,428 $ 843,002 3.39
2021 $268,092,054 $232,268,507 $175,417,226 $1,493,911 $ 24,208,862 $ 152,811 0.63
2020 $260,969,578 $225,078,388 $152,550,510 $901,486 $ 23,251,448 $ 1,007,493 4.33
2019 $213,817,166 $190,746,598 $105,917,304 $1,145,170 $ 22,373,265 $ 1,356,488 6.06
2018 $79,978,000 $67,878,000 $38,061,000 $327,000 $ 7,883,000 $ 1,958,000 24.84