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STRAITS AREA

CHEBOYGAN, MI

Latest Health Report

Latest Update: March 31, 2021

Assets
$114,325,832
Deposits
$103,202,033
Loans
$42,902,381
Loan Loss Provision
$39,624
Profit
$108,842
Capital
$9,822,967
Reserves
$438,231
Past Due 90 Days
$216,678
Other Real Estate Owned
$16,033
Capital Plus Reserves
$10,261,198
Total Troubled Assets
$232,711
Troubled Asset Ratio
2.27

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 $106,002,450 $95,204,105 $44,431,163 $709,086 $10,158,445 $358,232 3.53
2019 $88,389,813 $78,710,034 $46,194,382 $574,475 $9,418,473 $889,666 9.45
2018 $88,054,063 $79,235,517 $41,696,031 $434,913 $8,861,636 $892,782 10.07
2017 $88,486,107 $79,893,176 $39,003,452 $358,644 $8,397,700 $811,811 9.67
2016 $84,874,013 $76,900,332 $37,374,348 $444,391 $7,995,300 $917,071 11.47