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LAKE SUPERIOR

ONTONAGON, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$10,155,349
Deposits
$9,398,843
Loans
$3,844,223
Loan Loss Provision
$ 0
Profit
$45,823
Capital
$741,860
Reserves
$9,687
Past Due 90 Days
$ 33,627
Other Real Estate Owned
$0
Capital Plus Reserves
$ 751,547
Total Troubled Assets
$ 33,627
Troubled Asset Ratio
4.47

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 $10,216,635 $9,507,781 $3,654,979 $65,912 $ 710,913 $ 45,337 6.38
2021 $9,975,506 $9,330,736 $3,957,103 $29,327 $ 646,955 $ 9,898 1.53
2020 $8,224,822 $7,610,604 $4,082,686 $41,149 $ 617,128 $ 72,080 11.68
2019 $6,402,832 $5,830,046 $3,713,426 $55,482 $ 571,718 $ 24,828 4.34
2018 $6,163,409 $5,644,281 $2,851,264 $53,377 $ 517,274 $ 29,252 5.66