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TORCH LAKE

LAURIUM, MI

Latest Health Report

Latest Update: June 30, 2020

Assets
$10,019,613
Deposits
$9,138,568
Loans
$4,635,589
Loan Loss Provision
$0
Profit
$16,091
Capital
$838,498
Reserves
$38,267
Past Due 90 Days
$26,989
Other Real Estate Owned
$0
Capital Plus Reserves
$876,765
Total Troubled Assets
$26,989
Troubled Asset Ratio
3.08

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
2019 $8,209,112 $7,364,142 $5,052,878 $71,780 $855,754 $102,852 12.02
2018 $8,074,227 $7,294,961 $4,815,201 $29,663 $780,192 $43,018 5.51
2017 $7,783,443 $7,005,640 $4,509,924 $27,539 $743,061 $33,144 4.46
2016 $7,483,776 $6,751,507 $4,415,982 $-2,684 $717,383 $20,447 2.85
2015 $7,140,637 $6,419,743 $4,221,228 $50,850 $716,172 $24,163 3.37