Call reports 2018
SOMERSET REGAL BANK — 2018
What SOMERSET REGAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 574,893,000 | 571,012,000 | 560,951,000 | 565,438,000 |
| Total loans | 289,307,000 | 308,526,000 | 317,145,000 | 335,139,000 |
| Allowance for loan losses | 760,000 | 750,000 | 750,000 | 900,000 |
| Securities available for sale | 1,588,000 | 98,568,000 | 93,367,000 | 89,942,000 |
| Securities held to maturity | 156,735,000 | 47,233,000 | 44,719,000 | 42,026,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 457,415,000 | 455,790,000 | 445,145,000 | 447,552,000 |
| Interest-bearing deposits | 424,368,000 | 420,452,000 | 410,821,000 | 414,308,000 |
| Noninterest-bearing deposits | 33,047,000 | 35,338,000 | 34,324,000 | 33,244,000 |
| Equity capital | 112,769,000 | 111,297,000 | 111,871,000 | 113,908,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,745,000 | 7,627,000 | 11,614,000 | 15,743,000 |
| Interest expense | 383,000 | 801,000 | 1,260,000 | 1,804,000 |
| Net interest income | 3,362,000 | 6,826,000 | 10,354,000 | 13,939,000 |
| Noninterest income | 244,000 | 495,000 | 752,000 | 1,015,000 |
| Noninterest expense | 2,657,000 | 5,088,000 | 7,696,000 | 10,346,000 |
| Provision for loan losses | 0 | 0 | 0 | 150,000 |
| Pretax income | 949,000 | 2,233,000 | 3,410,000 | 4,458,000 |
| Income tax | 222,000 | 556,000 | 859,000 | 1,125,000 |
| Net income | 727,000 | 1,677,000 | 2,551,000 | 3,333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,993,000 | 116,943,000 | 117,817,000 | 118,598,000 |
| Total capital | 116,760,000 | 117,700,000 | 118,574,000 | 119,503,000 |
| Risk-weighted assets | 247,156,000 | 251,127,000 | 252,068,000 | 254,650,000 |