Call reports 2014
SOMERSET REGAL BANK — 2014
What SOMERSET REGAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 576,696,000 | 574,222,000 | 569,604,000 | 571,422,000 |
| Total loans | 242,562,000 | 248,275,000 | 249,163,000 | 244,628,000 |
| Allowance for loan losses | 859,000 | 862,000 | 859,000 | 848,000 |
| Securities available for sale | 3,878,000 | 3,725,000 | 3,501,000 | 3,386,000 |
| Securities held to maturity | 257,300,000 | 246,654,000 | 235,015,000 | 225,442,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 468,491,000 | 465,773,000 | 460,175,000 | 461,746,000 |
| Interest-bearing deposits | 440,904,000 | 438,910,000 | 434,133,000 | 434,658,000 |
| Noninterest-bearing deposits | 27,587,000 | 26,863,000 | 26,042,000 | 27,088,000 |
| Equity capital | 104,674,000 | 105,695,000 | 106,384,000 | 106,989,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,751,000 | 7,545,000 | 11,267,000 | 14,865,000 |
| Interest expense | 313,000 | 613,000 | 906,000 | 1,186,000 |
| Net interest income | 3,438,000 | 6,932,000 | 10,361,000 | 13,679,000 |
| Noninterest income | 168,000 | 342,000 | 519,000 | 701,000 |
| Noninterest expense | 2,519,000 | 4,938,000 | 7,426,000 | 10,044,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | 1,087,000 | 2,286,000 | 3,404,000 | 4,286,000 |
| Income tax | 404,000 | 878,000 | 1,303,000 | 1,605,000 |
| Net income | 683,000 | 1,408,000 | 2,101,000 | 2,681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,087,000 | 107,813,000 | 108,505,000 | 109,086,000 |
| Total capital | 107,954,000 | 108,683,000 | 109,372,000 | 109,944,000 |
| Risk-weighted assets | 214,941,000 | 215,846,000 | 214,573,000 | 213,563,000 |