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PORT CITY

MUSKEGON, MI

Latest Health Report

Latest Update: June 30, 2022

Assets
$40,245,943
Deposits
$35,883,989
Loans
$11,396,271
Loan Loss Provision
$ -11,639
Profit
$36,916
Capital
$4,306,670
Reserves
$6,600
Past Due 90 Days
$ 21,957
Other Real Estate Owned
$0
Capital Plus Reserves
$ 4,313,270
Total Troubled Assets
$ 21,957
Troubled Asset Ratio
0.51

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 $38,466,175 $34,193,968 $12,248,397 $88,615 $ 4,277,503 $ 0 0
2020 $34,456,215 $30,301,147 $12,266,417 $112,751 $ 4,206,439 $ 876 0.02
2019 $31,236,124 $27,014,975 $12,694,115 $-29,368 $ 4,134,389 $ 2,920 0.07
2018 $30,404,757 $26,214,926 $12,292,213 $96,147 $ 4,118,434 $ 38,536 0.94
2017 $29,837,708 $25,796,496 $11,375,434 $56,146 $ 4,019,609 $ 27,025 0.67