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GOGEBIC COUNTY

BESSEMER, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$36,704,490
Deposits
$32,737,610
Loans
$13,023,036
Loan Loss Provision
$ 16,086
Profit
$150,364
Capital
$3,804,781
Reserves
$43,818
Past Due 90 Days
$ 104,770
Other Real Estate Owned
$0
Capital Plus Reserves
$ 3,848,599
Total Troubled Assets
$ 104,770
Troubled Asset Ratio
2.72

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
2022 $35,759,843 $31,936,680 $12,322,297 $393,979 $ 3,681,924 $ 79,731 2.17
2021 $33,533,878 $30,094,690 $10,511,586 $248,184 $ 3,299,614 $ 47,685 1.45
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