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SERVICE 1

Muskegon, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$196,943,931
Deposits
$167,548,912
Loans
$137,402,901
Loan Loss Provision
$ 0
Profit
$535,946
Capital
$28,841,032
Reserves
$0
Past Due 90 Days
$ 340,296
Other Real Estate Owned
$0
Capital Plus Reserves
$ 28,841,032
Total Troubled Assets
$ 340,296
Troubled Asset Ratio
1.18

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 $191,437,036 $161,284,898 $137,606,016 $1,932,177 $ 28,795,052 $ 203,154 0.71
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