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SOUTHCOAST

New Bedford, MA

Latest Health Report

Latest Update: March 31, 2021

Assets
$59,545,860
Deposits
$48,305,922
Loans
$28,134,610
Loan Loss Provision
$7,500
Profit
$-38,073
Capital
$5,834,482
Reserves
$825,837
Past Due 90 Days
$684,383
Other Real Estate Owned
$142,000
Capital Plus Reserves
$6,660,319
Total Troubled Assets
$826,383
Troubled Asset Ratio
12.41

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
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
2017 $47,737,048 $40,203,809 $26,379,288 $249,536 $6,628,986 $745,724 11.25
2016 $48,374,539 $38,934,828 $23,764,629 $4,768 $6,355,499 $121,218 1.91