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GREAT LAKES FIRST

ESCANABA, MI

Latest Health Report

Latest Update: Dec. 31, 2020

Assets
$87,124,596
Deposits
$77,163,318
Loans
$35,641,929
Loan Loss Provision
$110,301
Profit
$269,970
Capital
$8,661,600
Reserves
$361,755
Past Due 90 Days
$218,318
Other Real Estate Owned
$0
Capital Plus Reserves
$9,023,355
Total Troubled Assets
$218,318
Troubled Asset Ratio
2.42

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
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
2017 $69,888,506 $62,150,946 $33,845,643 $239,268 $7,579,872 $434,068 5.73
2016 $106,352,000 $90,912,000 $38,013,000 $15,000 $15,290,000 $1,425,000 9.32