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GREAT LAKES FIRST
ESCANABA, MI
Latest Health Report
Latest Update: March 31, 2023
- Assets
- $92,845,797
- Deposits
- $87,704,636
- Loans
- $38,926,540
- Loan Loss Provision
- $ 0
- Profit
- $97,826
- Capital
- $9,196,039
- Reserves
- $0
- Past Due 90 Days
- $ 290,685
- Other Real Estate Owned
- $36,183
- Capital Plus Reserves
- $ 9,196,039
- Total Troubled Assets
- $ 326,868
- Troubled Asset Ratio
- 3.55
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $91,486,409 | $87,202,879 | $39,193,978 | $250,329 | $ 9,386,031 | $ 488,800 | 5.21 |
| 2021 | $97,950,485 | $88,909,824 | $36,828,360 | $186,284 | $ 9,202,158 | $ 225,385 | 2.45 |
| 2020 | $87,124,596 | $77,163,318 | $35,641,929 | $269,970 | $ 9,023,355 | $ 218,318 | 2.42 |
| 2019 | $73,861,703 | $64,776,334 | $37,036,904 | $689,703 | $ 8,704,501 | $ 606,837 | 6.97 |
| 2018 | $100,820,000 | $85,904,000 | $45,369,000 | $214,000 | $ 15,345,000 | $ 1,399,000 | 9.12 |