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NORTHERN LIGHTS COMMUNITY

CHATHAM, MI

Latest Health Report

Latest Update: Sept. 30, 2020

Assets
$10,190,293
Deposits
$9,255,443
Loans
$4,187,642
Loan Loss Provision
$-10,000
Profit
$24,894
Capital
$903,501
Reserves
$19,649
Past Due 90 Days
$9,881
Other Real Estate Owned
$0
Capital Plus Reserves
$923,150
Total Troubled Assets
$9,881
Troubled Asset Ratio
1.07

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 $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
2017 $7,949,533 $7,115,825 $4,097,311 $28,505 $864,372 $19,665 2.28
2016 $314,431,000 $270,554,000 $216,342,000 $4,668,000 $44,807,000 $1,305,000 2.91
2015 $7,630,126 $6,876,539 $4,022,371 $52,466 $847,437 $25,118 2.96