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SOUTHCOAST

New Bedford, MA

Latest Health Report

Latest Update: March 31, 2023

Assets
$72,115,129
Deposits
$60,929,573
Loans
$30,607,790
Loan Loss Provision
$ 7,500
Profit
$669,356
Capital
$7,788,381
Reserves
$131,974
Past Due 90 Days
$ 305,276
Other Real Estate Owned
$81,500
Capital Plus Reserves
$ 7,920,355
Total Troubled Assets
$ 386,776
Troubled Asset Ratio
4.88

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 $56,925,331 $47,601,033 $28,376,831 $457,615 $ 6,174,254 $ 505,751 8.19
2021 $60,224,937 $49,223,246 $25,302,516 $-260,074 $ 5,699,167 $ 523,549 9.19
2020 $56,652,157 $45,351,493 $27,218,388 $-163,037 $ 6,698,075 $ 833,366 12.44
2019 $49,070,324 $39,458,415 $30,202,446 $-563,887 $ 6,841,898 $ 581,187 8.49
2018 $49,144,399 $40,974,269 $30,996,966 $134,997 $ 6,806,488 $ 695,906 10.22