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SOMERSET

Somerset, MA

Latest Health Report

Latest Update: March 31, 2023

Assets
$228,416,957
Deposits
$199,803,231
Loans
$133,066,423
Loan Loss Provision
$ 0
Profit
$525,945
Capital
$28,733,536
Reserves
$0
Past Due 90 Days
$ 600,000
Other Real Estate Owned
$229,754
Capital Plus Reserves
$ 28,733,536
Total Troubled Assets
$ 829,754
Troubled Asset Ratio
2.89

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 $228,365,739 $201,891,747 $131,929,065 $1,032,966 $ 28,519,575 $ 1,614,860 5.66
2021 $202,506,489 $176,455,819 $106,079,376 $662,853 $ 22,901,924 $ 1,243,405 5.43
2020 $177,671,423 $150,275,065 $98,984,840 $458,750 $ 22,206,122 $ 664,949 2.99
2019 $151,824,636 $126,098,456 $94,070,330 $845,836 $ 21,742,667 $ 844,629 3.88
2018 $144,548,972 $123,882,165 $83,696,453 $-1,178,807 $ 20,890,177 $ 919,779 4.40