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GERBER

FREMONT, MI

Latest Health Report

Latest Update: Dec. 31, 2020

Assets
$194,690,317
Deposits
$173,736,885
Loans
$98,277,698
Loan Loss Provision
$217,510
Profit
$1,125,904
Capital
$18,113,230
Reserves
$434,223
Past Due 90 Days
$251,735
Other Real Estate Owned
$0
Capital Plus Reserves
$18,547,453
Total Troubled Assets
$251,735
Troubled Asset Ratio
1.36

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 $194,690,317 $173,736,885 $98,277,698 $1,125,904 $18,547,453 $251,735 1.36
2019 $162,578,665 $143,402,145 $93,017,916 $926,073 $17,411,636 $371,345 2.13
2018 $150,254,259 $131,353,044 $85,823,546 $574,568 $16,450,138 $600,143 3.65
2017 $145,743,098 $129,005,736 $73,780,676 $288,100 $15,881,224 $931,594 5.87
2016 $135,845,654 $119,716,120 $71,729,943 $542,639 $15,647,337 $825,881 5.28