Bank Statement

The Martha’s Vineyard Savings Bank reported it closed $90.6 million in mortgage loans during 2008. As a result, the bank grew its loan portfolio 6.89 per cent for the year. The bank’s total assets grew 2.55 per cent for the year. Core deposits grew to $360.9 million, and capital grew to $53.2 million at year end Dec. 31, 2008.