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MICHIGAN TECH EMPLOYEES
HOUGHTON, MI
Latest Health Report
Latest Update: March 31, 2020
- Assets
- $490,779,000
- Deposits
- $403,279,000
- Loans
- $278,865,000
- Loan Loss Provision
- $90,000
- Profit
- $773,000
- Capital
- $48,184,000
- Reserves
- $3,546,000
- Past Due 90 Days
- $892,000
- Other Real Estate Owned
- $147,000
- Capital Plus Reserves
- $51,730,000
- Total Troubled Assets
- $2,790,000
- Troubled Asset Ratio
- 5.39
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2019 | $87,356,818 | $78,600,506 | $54,072,076 | $897,465 | $8,289,754 | $33,077 | 0.40 |
| 2018 | $474,651,000 | $406,282,000 | $257,464,000 | $2,809,000 | $52,224,000 | $2,995,000 | 5.73 |
| 2017 | $76,961,267 | $70,202,057 | $41,899,158 | $602,531 | $6,481,464 | $42,267 | 0.65 |
| 2016 | $453,798,000 | $387,306,000 | $187,745,000 | $2,733,000 | $47,312,000 | $4,346,000 | 9.19 |
| 2015 | $65,969,097 | $60,279,172 | $38,645,761 | $211,169 | $5,240,796 | $139,308 | 2.66 |