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SERVICE 1

MUSKEGON, MI

Latest Health Report

Latest Update: June 30, 2022

Assets
$192,916,713
Deposits
$165,409,564
Loans
$124,841,612
Loan Loss Provision
$ -4,230
Profit
$994,664
Capital
$27,367,572
Reserves
$398,840
Past Due 90 Days
$ 225,843
Other Real Estate Owned
$0
Capital Plus Reserves
$ 27,766,412
Total Troubled Assets
$ 225,843
Troubled Asset Ratio
0.81

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
2021 $186,134,666 $158,956,356 $119,489,797 $1,692,269 $ 26,901,259 $ 213,416 0.79
2020 $171,094,303 $145,208,935 $111,284,415 $1,057,415 $ 25,269,575 $ 539,599 2.14
2019 $144,957,147 $120,302,385 $109,335,095 $1,193,232 $ 24,057,778 $ 481,377 2.00
2018 $118,191,188 $96,021,709 $88,590,030 $1,727,372 $ 21,722,139 $ 281,237 1.29
2017 $113,515,576 $93,326,908 $76,234,886 $1,485,780 $ 20,021,439 $ 261,509 1.31