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GOGEBIC COUNTY

BESSEMER, MI

Latest Health Report

Latest Update: Dec. 31, 2020

Assets
$29,567,570
Deposits
$26,415,420
Loans
$10,118,046
Loan Loss Provision
$45,636
Profit
$341,089
Capital
$3,012,256
Reserves
$67,551
Past Due 90 Days
$105,290
Other Real Estate Owned
$0
Capital Plus Reserves
$3,079,807
Total Troubled Assets
$105,290
Troubled Asset Ratio
3.42

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 $29,567,570 $26,415,420 $10,118,046 $341,089 $3,079,807 $105,290 3.42
2019 $23,178,370 $20,398,973 $10,647,973 $382,320 $2,733,255 $139,015 5.09
2018 $21,783,854 $19,400,614 $9,294,399 $341,506 $2,347,085 $93,227 3.97
2017 $20,243,541 $18,126,003 $8,209,007 $144,966 $2,001,942 $89,666 4.48
2016 $19,315,800 $17,368,479 $7,266,811 $140,592 $1,848,338 $142,232 7.70