Somerville Municipal Federal Credit Union

Somerville, MA

Rating Date

May 2024

Net Capital
Ratio

Leverage
Ratio

Return On
Assets

Total
Assets

Capital

Total
Deposits

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Weiss Ratings	Somerville Municipal Federal Credit Union Somerville, MA	Click to Compare	Click to Compare	Click to Compare
Rating	B
Asset Quality Index	10.00
Capitalization Index	10.00
Liquidity Index	5.50
Profitability Index	7.80
Stability Index	7.00

Company Info	Somerville Municipal Federal Credit Union Somerville, MA	Click to Compare	Click to Compare	Click to Compare
NCUA Charter Number	1192
Phone Number	(617) 625-0898
Website	www.sommfcu.com

Asset Quality	Somerville Municipal Federal Credit Union Somerville, MA	Click to Compare	Click to Compare	Click to Compare
1-Year Asset Growth	-1.42%
5-Year Asset Growth	2.45%
5-Year Charge-Offs to Average Loans	0.05%
Charge-Offs to Average Loans	0.24%
Non-Performing Assets to Assets	0.01%
Non-Performing Loans to Capital	0.04%
Non-Performing Loans to Loans	0.01%

Balance Sheet	Somerville Municipal Federal Credit Union Somerville, MA	Click to Compare	Click to Compare	Click to Compare
Total Assets	49.82M
Total Deposits	41.53M

Capital and Reserves	Somerville Municipal Federal Credit Union Somerville, MA	Click to Compare	Click to Compare	Click to Compare
Capital	8.07M
Leverage Ratio	16.20
Loan Loss Reserves to Loans	1.13%

Liquidity	Somerville Municipal Federal Credit Union Somerville, MA	Click to Compare	Click to Compare	Click to Compare
Hot Money Ratio	12.23%
Liquidity Ratio	38.00%

Profitability	Somerville Municipal Federal Credit Union Somerville, MA	Click to Compare	Click to Compare	Click to Compare
5-Year Return on Average Assets	0.61%
Net Income	182.00K
Net Interest Spread	4.01%
Operating Profit to Average Assets	1.48%
Overhead Efficiency Ratio	62.16%
Return on Assets	1.48%
Return on Equity	9.13%