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SOMERVILLE MUNICIPAL

SOMERVILLE, MA

Latest Health Report

Latest Update: March 31, 2023

Assets
$50,535,987
Deposits
$42,886,224
Loans
$27,350,917
Loan Loss Provision
$ 0
Profit
$154,969
Capital
$7,459,719
Reserves
$0
Past Due 90 Days
$ 20,914
Other Real Estate Owned
$0
Capital Plus Reserves
$ 7,459,719
Total Troubled Assets
$ 20,914
Troubled Asset Ratio
0.28

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 $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