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SOMERVILLE MUNICIPAL

SOMERVILLE, MA

Latest Health Report

Latest Update: June 30, 2022

Assets
$52,164,636
Deposits
$45,010,313
Loans
$29,316,856
Loan Loss Provision
$ 0
Profit
$38,951
Capital
$7,026,358
Reserves
$342,857
Past Due 90 Days
$ 33,895
Other Real Estate Owned
$0
Capital Plus Reserves
$ 7,369,215
Total Troubled Assets
$ 33,895
Troubled Asset Ratio
0.46

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
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
2017 $42,031,485 $35,907,228 $21,517,701 $190,190 $ 6,301,601 $ 61,044 0.97