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SUMMIT

AKRON, OH

Latest Health Report

Latest Update: March 31, 2020

Assets
$240,571,000
Deposits
$202,081,000
Loans
$108,978,000
Loan Loss Provision
$15,000
Profit
$545,000
Capital
$29,927,000
Reserves
$1,677,000
Past Due 90 Days
$0
Other Real Estate Owned
$327,000
Capital Plus Reserves
$31,604,000
Total Troubled Assets
$1,807,000
Troubled Asset Ratio
5.72

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
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
2017 $47,475,697 $41,715,077 $27,109,537 $180,225 $5,706,400 $159,247 2.79
2016 $245,602,000 $212,992,000 $127,324,000 $3,220,000 $27,176,000 $2,007,000 7.39
2015 $43,717,541 $38,284,267 $21,892,121 $-11,694 $5,370,778 $138,283 2.57