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GOGEBIC COUNTY

BESSEMER, MI

Latest Health Report

Latest Update: March 31, 2021

Assets
$32,710,806
Deposits
$29,485,523
Loans
$9,694,080
Loan Loss Provision
$31,326
Profit
$39,193
Capital
$3,051,448
Reserves
$72,187
Past Due 90 Days
$55,691
Other Real Estate Owned
$0
Capital Plus Reserves
$3,123,635
Total Troubled Assets
$55,691
Troubled Asset Ratio
1.78

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