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ADVANCED FINANCIAL

NEW PROVIDENCE, NJ

Latest Health Report

Latest Update: March 31, 2023

Assets
$110,540,420
Deposits
$96,554,985
Loans
$49,045,104
Loan Loss Provision
$ 21,000
Profit
$116,482
Capital
$15,557,287
Reserves
$1,052,895
Past Due 90 Days
$ 541,812
Other Real Estate Owned
$445,029
Capital Plus Reserves
$ 16,610,182
Total Troubled Assets
$ 986,841
Troubled Asset Ratio
5.94

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 $108,297,364 $94,911,579 $49,125,557 $1,011,563 $ 16,551,567 $ 896,718 5.42
2021 $115,112,333 $100,322,429 $46,642,305 $1,681,565 $ 15,478,830 $ 1,355,218 8.76
2020 $108,464,814 $94,950,217 $55,159,572 $448,280 $ 13,805,536 $ 2,084,929 15.10
2019 $90,841,234 $78,688,546 $56,442,036 $1,030,621 $ 12,352,493 $ 1,926,848 15.60
2018 $93,926,070 $83,090,560 $47,042,605 $1,041,777 $ 11,242,776 $ 2,795,396 24.86