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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

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 $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