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SOMERVILLE MUNICIPAL
SOMERVILLE, MA
Latest Health Report
Latest Update: Dec. 31, 2022
- Assets
- $50,796,586
- Deposits
- $43,313,606
- Loans
- $27,301,493
- Loan Loss Provision
- $ 10,000
- Profit
- $338,342
- Capital
- $7,304,750
- Reserves
- $332,355
- Past Due 90 Days
- $ 31,725
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $ 7,637,105
- Total Troubled Assets
- $ 31,725
- Troubled Asset Ratio
- 0.42
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $50,796,586 | $43,313,606 | $27,301,493 | $338,342 | $ 7,637,105 | $ 31,725 | 0.42 |
| 2021 | $49,376,221 | $42,245,427 | $27,579,557 | $81,142 | $ 7,330,744 | $ 252,881 | 3.45 |
| 2020 | $46,687,866 | $39,645,918 | $29,478,850 | $167,335 | $ 7,261,311 | $ 111,426 | 1.53 |
| 2019 | $45,052,930 | $38,174,376 | $27,568,538 | $304,478 | $ 7,095,621 | $ 298,681 | 4.21 |
| 2018 | $42,972,926 | $36,431,750 | $25,103,456 | $402,417 | $ 6,749,427 | $ 27,752 | 0.41 |