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GREAT LAKES FIRST

ESCANABA, MI

Latest Health Report

Latest Update: Dec. 31, 2022

Assets
$91,486,409
Deposits
$87,202,879
Loans
$39,193,978
Loan Loss Provision
$ 0
Profit
$250,329
Capital
$9,098,213
Reserves
$287,818
Past Due 90 Days
$ 452,617
Other Real Estate Owned
$36,183
Capital Plus Reserves
$ 9,386,031
Total Troubled Assets
$ 488,800
Troubled Asset Ratio
5.21

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 $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