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BARAGA COUNTY

LANSE, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$54,845,351
Deposits
$53,970,632
Loans
$17,023,925
Loan Loss Provision
$ -37,000
Profit
$125,777
Capital
$4,868,388
Reserves
$90,926
Past Due 90 Days
$ 23,428
Other Real Estate Owned
$300
Capital Plus Reserves
$ 4,959,314
Total Troubled Assets
$ 23,728
Troubled Asset Ratio
0.48

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 $54,367,943 $53,705,236 $16,696,086 $270,661 $ 4,869,678 $ 16,148 0.33
2021 $55,919,016 $51,809,046 $14,610,260 $389,071 $ 4,598,726 $ 29,381 0.64
2020 $48,922,285 $43,943,509 $13,948,716 $339,957 $ 4,232,786 $ 1,857 0.04
2019 $41,411,523 $37,094,119 $12,965,980 $199,652 $ 3,912,995 $ 53,321 1.36
2018 $38,945,246 $35,770,386 $12,289,469 $321,205 $ 3,664,046 $ 18,205 0.50