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NORTHWOODS

Cloquet, MN

Latest Health Report

Latest Update: March 31, 2023

Assets
$171,429,094
Deposits
$157,130,270
Loans
$135,280,107
Loan Loss Provision
$ 0
Profit
$346,590
Capital
$13,677,804
Reserves
$0
Past Due 90 Days
$ 336,558
Other Real Estate Owned
$0
Capital Plus Reserves
$ 13,677,804
Total Troubled Assets
$ 336,558
Troubled Asset Ratio
2.46

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 $162,399,307 $146,016,378 $136,385,025 $1,658,257 $ 13,331,213 $ 385,712 2.89
2021 $158,800,321 $146,474,923 $126,456,852 $1,275,381 $ 12,749,820 $ 668,879 5.25
2020 $139,988,463 $128,852,793 $107,003,520 $-1,728,783 $ 11,553,990 $ 503,786 4.36
2019 $120,165,800 $106,829,618 $98,656,463 $674,662 $ 13,240,599 $ 685,798 5.18
2018 $112,837,575 $99,976,960 $93,153,480 $245,864 $ 12,648,520 $ 477,757 3.78