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SERVICE 1

MUSKEGON, MI

Latest Health Report

Latest Update: Sept. 30, 2020

Assets
$167,007,981
Deposits
$141,612,715
Loans
$112,499,553
Loan Loss Provision
$391,225
Profit
$559,254
Capital
$24,231,434
Reserves
$585,462
Past Due 90 Days
$439,970
Other Real Estate Owned
$0
Capital Plus Reserves
$24,816,896
Total Troubled Assets
$439,970
Troubled Asset Ratio
1.77

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
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
2016 $110,531,282 $91,397,647 $66,880,417 $901,823 $18,544,565 $357,310 1.93
2015 $104,361,870 $86,743,801 $65,641,404 $1,028,020 $17,649,831 $342,300 1.94