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NORTHERN LIGHTS COMMUNITY
Chatham, MI
Latest Health Report
Latest Update: March 31, 2023
- Assets
- $11,773,660
- Deposits
- $10,937,221
- Loans
- $4,224,326
- Loan Loss Provision
- $ 0
- Profit
- $-32,265
- Capital
- $824,175
- Reserves
- $0
- Past Due 90 Days
- $ 0
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $ 824,175
- Total Troubled Assets
- $ 0
- Troubled Asset Ratio
- 0
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $11,744,737 | $10,858,361 | $4,190,795 | $-28,092 | $ 849,081 | $ 5,095 | 0.60 |
| 2021 | $11,525,802 | $10,641,769 | $3,803,555 | $-41,732 | $ 885,056 | $ 16,609 | 1.88 |
| 2020 | $10,018,860 | $9,086,576 | $4,054,783 | $17,420 | $ 916,088 | $ 25,190 | 2.75 |
| 2019 | $8,082,568 | $7,171,251 | $4,140,053 | $66,990 | $ 907,368 | $ 14,486 | 1.60 |
| 2018 | $334,709,000 | $285,752,000 | $242,850,000 | $8,809,000 | $ 50,386,000 | $ 663,000 | 1.32 |