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STRAITS AREA
Cheboygan, MI
Latest Health Report
Latest Update: March 31, 2023
- Assets
- $116,009,600
- Deposits
- $107,164,126
- Loans
- $48,206,034
- Loan Loss Provision
- $ 0
- Profit
- $147,835
- Capital
- $11,522,731
- Reserves
- $0
- Past Due 90 Days
- $ 527,256
- Other Real Estate Owned
- $72,216
- Capital Plus Reserves
- $ 11,522,731
- Total Troubled Assets
- $ 599,472
- Troubled Asset Ratio
- 5.20
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $117,558,251 | $108,995,174 | $47,880,009 | $667,663 | $ 11,597,547 | $ 602,565 | 5.20 |
| 2021 | $120,882,231 | $109,869,233 | $43,150,079 | $993,108 | $ 11,030,824 | $ 314,055 | 2.85 |
| 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 |