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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
| 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 |