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STRAITS AREA

CHEBOYGAN, MI

Latest Health Report

Latest Update: June 30, 2020

Assets
$101,077,657
Deposits
$90,325,612
Loans
$45,130,021
Loan Loss Provision
$126,535
Profit
$265,410
Capital
$9,270,449
Reserves
$423,770
Past Due 90 Days
$637,498
Other Real Estate Owned
$55,306
Capital Plus Reserves
$9,694,219
Total Troubled Assets
$692,804
Troubled Asset Ratio
7.15

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 $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
2015 $79,594,510 $71,957,304 $36,705,615 $459,801 $7,586,704 $931,138 12.27