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NORTHLAND AREA
Alpena, MI
Latest Health Report
Latest Update: March 31, 2023
- Assets
- $684,889,152
- Deposits
- $610,651,785
- Loans
- $455,662,170
- Loan Loss Provision
- $ 0
- Profit
- $808,436
- Capital
- $61,247,840
- Reserves
- $0
- Past Due 90 Days
- $ 1,212,070
- Other Real Estate Owned
- $396,132
- Capital Plus Reserves
- $ 61,247,840
- Total Troubled Assets
- $ 1,608,202
- Troubled Asset Ratio
- 2.63
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $674,341,832 | $602,613,918 | $466,442,634 | $4,986,924 | $ 66,533,382 | $ 1,365,834 | 2.05 |
| 2021 | $631,184,451 | $542,076,539 | $403,009,624 | $6,265,201 | $ 61,900,693 | $ 977,987 | 1.58 |
| 2020 | $538,946,792 | $468,670,189 | $370,647,758 | $3,560,762 | $ 54,725,347 | $ 827,648 | 1.51 |
| 2019 | $454,926,378 | $374,348,662 | $370,029,628 | $2,888,711 | $ 50,309,546 | $ 2,129,794 | 4.23 |
| 2018 | $411,969,555 | $352,728,585 | $333,979,759 | $3,304,984 | $ 47,239,893 | $ 2,423,298 | 5.13 |