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LOWELL MUNICIPAL EMPLOYEES

Lowell, MA

Latest Health Report

Latest Update: March 31, 2023

Assets
$7,091,007
Deposits
$6,553,511
Loans
$5,251,256
Loan Loss Provision
$ 337
Profit
$3,965
Capital
$518,318
Reserves
$19,127
Past Due 90 Days
$ 1,117
Other Real Estate Owned
$0
Capital Plus Reserves
$ 537,445
Total Troubled Assets
$ 1,117
Troubled Asset Ratio
0.21

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 $6,949,855 $6,417,973 $5,188,749 $14,654 $ 535,317 $ 2,489 0.46
2021 $7,070,698 $6,550,485 $4,281,322 $-16,463 $ 522,810 $ 3,418 0.65
2020 $6,538,421 $6,004,173 $3,943,512 $-2,645 $ 539,883 $ 8,240 1.53
2019 $5,850,461 $5,315,608 $4,143,294 $21,069 $ 542,262 $ 3,210 0.59
2018 $355,048,000 $320,095,000 $175,062,000 $3,227,000 $ 36,233,000 $ 206,000 0.57