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SUMMIT

Greensboro, NC

Latest Health Report

Latest Update: March 31, 2023

Assets
$342,109,675
Deposits
$299,111,268
Loans
$196,823,352
Loan Loss Provision
$ 542,954
Profit
$455,580
Capital
$48,150,709
Reserves
$1,278,560
Past Due 90 Days
$ 994,482
Other Real Estate Owned
$0
Capital Plus Reserves
$ 49,429,269
Total Troubled Assets
$ 994,482
Troubled Asset Ratio
2.01

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 $336,647,250 $294,280,085 $193,771,860 $2,648,423 $ 48,811,094 $ 725,411 1.49
2021 $337,571,406 $292,955,443 $181,762,399 $3,487,900 $ 45,878,424 $ 964,938 2.10
2020 $305,212,523 $263,710,022 $178,645,214 $1,807,855 $ 43,019,723 $ 587,745 1.37
2019 $263,553,732 $223,902,481 $189,153,332 $2,496,357 $ 41,253,041 $ 1,003,177 2.43
2018 $260,469,460 $225,162,815 $177,821,464 $1,950,433 $ 37,126,683 $ 825,485 2.22