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FLAGSHIP COMMUNITY

PORT HURON, MI

Latest Health Report

Latest Update: March 31, 2023

Assets
$38,259,256
Deposits
$34,992,773
Loans
$20,555,998
Loan Loss Provision
$ 21,128
Profit
$86,011
Capital
$2,946,865
Reserves
$73,907
Past Due 90 Days
$ 117,032
Other Real Estate Owned
$34,490
Capital Plus Reserves
$ 3,020,772
Total Troubled Assets
$ 151,522
Troubled Asset Ratio
5.02

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 $37,936,649 $34,877,081 $21,365,962 $284,064 $ 2,911,595 $ 154,432 5.30
2021 $31,940,422 $29,614,240 $18,993,370 $152,652 $ 2,259,955 $ 424,560 18.79
2020 $30,826,342 $28,638,073 $20,599,726 $152,147 $ 2,110,261 $ 194,998 9.24
2019 $24,615,090 $22,186,101 $20,243,091 $183,865 $ 1,963,006 $ 218,941 11.15
2018 $24,529,598 $22,405,957 $21,183,294 $219,714 $ 1,820,003 $ 280,544 15.41