Call reports 2017
SOMERSET REGAL BANK — 2017
What SOMERSET REGAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 584,243,000 | 571,381,000 | 568,872,000 | 571,333,000 |
| Total loans | 259,109,000 | 268,590,000 | 274,302,000 | 279,715,000 |
| Allowance for loan losses | 760,000 | 760,000 | 760,000 | 760,000 |
| Securities available for sale | 2,154,000 | 1,921,000 | 1,795,000 | 1,722,000 |
| Securities held to maturity | 193,020,000 | 182,865,000 | 173,521,000 | 165,044,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 469,006,000 | 455,610,000 | 452,340,000 | 454,701,000 |
| Interest-bearing deposits | 438,512,000 | 424,946,000 | 423,333,000 | 424,283,000 |
| Noninterest-bearing deposits | 30,494,000 | 30,664,000 | 29,007,000 | 30,418,000 |
| Equity capital | 110,189,000 | 111,339,000 | 111,979,000 | 112,049,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,476,000 | 7,004,000 | 10,604,000 | 14,261,000 |
| Interest expense | 323,000 | 649,000 | 982,000 | 1,349,000 |
| Net interest income | 3,153,000 | 6,355,000 | 9,622,000 | 12,912,000 |
| Noninterest income | 251,000 | 511,000 | 772,000 | 1,031,000 |
| Noninterest expense | 2,620,000 | 5,235,000 | 7,807,000 | 10,424,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 784,000 | 1,631,000 | 2,604,000 | 3,536,000 |
| Income tax | 226,000 | 505,000 | 835,000 | 1,158,000 |
| Net income | 558,000 | 1,126,000 | 1,769,000 | 2,378,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,446,000 | 114,014,000 | 114,657,000 | 115,266,000 |
| Total capital | 114,215,000 | 114,783,000 | 115,426,000 | 116,034,000 |
| Risk-weighted assets | 237,384,000 | 235,778,000 | 235,417,000 | 240,174,000 |