Banktracker

See All Credit Unions

SUMMIT

AKRON, OH

Latest Health Report

Latest Update: Dec. 31, 2022

Assets
$57,998,447
Deposits
$51,071,373
Loans
$30,147,391
Loan Loss Provision
$ 17,445
Profit
$335,545
Capital
$6,600,384
Reserves
$210,573
Past Due 90 Days
$ 75,862
Other Real Estate Owned
$0
Capital Plus Reserves
$ 6,810,957
Total Troubled Assets
$ 75,862
Troubled Asset Ratio
1.11

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 $57,998,447 $51,071,373 $30,147,391 $335,545 $ 6,810,957 $ 75,862 1.11
2021 $56,834,887 $50,322,381 $29,325,806 $5,151 $ 6,470,582 $ 29,739 0.46
2020 $52,234,670 $45,730,798 $29,570,631 $173,522 $ 6,470,415 $ 20,249 0.31
2019 $45,799,747 $39,483,590 $27,883,885 $329,827 $ 6,332,347 $ 39,532 0.62
2018 $240,334,000 $214,449,000 $110,251,000 $1,832,000 $ 29,402,000 $ 4,360,000 14.83