Call reports 2016
SOMERSET REGAL BANK — 2016
What SOMERSET REGAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 566,444,000 | 567,681,000 | 571,976,000 | 574,784,000 |
| Total loans | 245,850,000 | 246,354,000 | 246,851,000 | 252,958,000 |
| Allowance for loan losses | 795,000 | 795,000 | 760,000 | 760,000 |
| Securities available for sale | 2,684,000 | 2,459,000 | 2,382,000 | 2,252,000 |
| Securities held to maturity | 178,432,000 | 188,230,000 | 177,535,000 | 202,981,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 453,963,000 | 454,132,000 | 457,882,000 | 460,269,000 |
| Interest-bearing deposits | 425,788,000 | 425,953,000 | 429,222,000 | 431,371,000 |
| Noninterest-bearing deposits | 28,175,000 | 28,179,000 | 28,660,000 | 28,898,000 |
| Equity capital | 109,211,000 | 108,724,000 | 109,163,000 | 109,634,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,274,000 | 6,554,000 | 9,843,000 | 13,149,000 |
| Interest expense | 290,000 | 590,000 | 903,000 | 1,226,000 |
| Net interest income | 2,984,000 | 5,964,000 | 8,940,000 | 11,923,000 |
| Noninterest income | 213,000 | 434,000 | 658,000 | 896,000 |
| Noninterest expense | 2,491,000 | 4,999,000 | 7,535,000 | 10,051,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 706,000 | 1,399,000 | 2,063,000 | 2,768,000 |
| Income tax | 173,000 | 408,000 | 630,000 | 862,000 |
| Net income | 533,000 | 991,000 | 1,433,000 | 1,906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 111,515,000 | 111,973,000 | 112,415,000 | 112,888,000 |
| Total capital | 112,315,000 | 112,774,000 | 113,182,000 | 113,657,000 |
| Risk-weighted assets | 223,582,000 | 226,531,000 | 226,410,000 | 233,727,000 |