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RIDGEDALE

East Hanover, NJ

Latest Health Report

Latest Update: March 31, 2023

Assets
$126,155,523
Deposits
$115,475,488
Loans
$38,881,133
Loan Loss Provision
$ 0
Profit
$-322,142
Capital
$11,672,050
Reserves
$0
Past Due 90 Days
$ 241,332
Other Real Estate Owned
$0
Capital Plus Reserves
$ 11,672,050
Total Troubled Assets
$ 241,332
Troubled Asset Ratio
2.07

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
2022 $123,388,130 $112,471,396 $37,150,355 $-1,375,341 $ 12,186,756 $ 265,878 2.18
2021 $134,713,613 $120,363,400 $23,567,497 $721,359 $ 13,508,728 $ 233,474 1.73
2020 $143,377,302 $128,676,640 $25,717,500 $-1,349,764 $ 12,648,700 $ 188,793 1.49
2019 $119,280,298 $103,012,869 $30,718,339 $10,889 $ 14,011,128 $ 86,097 0.61
2018 $40,063,000 $31,625,000 $23,098,000 $1,426,000 $ 6,514,000 $ 491,000 7.54