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IRON MOUNTAIN KINGSFORD COMMUNITY

KINGSFORD, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$138,587,757
Deposits
$120,931,475
Loans
$33,856,480
Loan Loss Provision
$ 0
Profit
$678,190
Capital
$16,767,099
Reserves
$0
Past Due 90 Days
$ 232,645
Other Real Estate Owned
$12,805
Capital Plus Reserves
$ 16,767,099
Total Troubled Assets
$ 245,450
Troubled Asset Ratio
1.46

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 $136,155,805 $119,072,890 $33,958,110 $830,709 $ 16,328,290 $ 111,023 0.68
2021 $132,967,225 $116,821,969 $33,357,654 $30,963 $ 15,472,465 $ 179,455 1.16
2020 $122,226,765 $106,156,699 $35,607,006 $443,501 $ 15,478,140 $ 233,061 1.51
2019 $106,027,845 $90,431,549 $37,980,562 $1,225,704 $ 14,941,803 $ 114,503 0.77
2018 $118,343,000 $104,442,000 $83,279,000 $810,000 $ 14,717,000 $ 1,822,000 12.38