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LAKESHORE

Muskegon, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$39,326,241
Deposits
$34,891,883
Loans
$12,485,464
Loan Loss Provision
$ 633
Profit
$30,638
Capital
$4,773,030
Reserves
$36,470
Past Due 90 Days
$ 77,075
Other Real Estate Owned
$3,673
Capital Plus Reserves
$ 4,809,500
Total Troubled Assets
$ 80,748
Troubled Asset Ratio
1.68

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 $38,080,746 $33,533,705 $12,881,656 $67,994 $ 4,778,222 $ 42,542 0.89
2021 $38,916,168 $33,917,179 $11,491,519 $139,874 $ 4,711,056 $ 351 0.01
2020 $36,523,707 $31,334,090 $11,932,028 $150,010 $ 4,589,469 $ 6,988 0.15
2019 $30,398,371 $25,536,518 $11,305,717 $215,086 $ 4,708,543 $ 13,938 0.30
2018 $28,281,980 $23,728,292 $11,134,429 $206,039 $ 4,494,273 $ 12,575 0.28