Call reports 2021
SOMERSET REGAL BANK — 2021
What SOMERSET REGAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 630,671,000 | 639,375,000 | 648,014,000 | 649,805,000 |
| Total loans | 300,133,000 | 308,746,000 | 299,356,000 | 305,996,000 |
| Allowance for loan losses | 1,116,000 | 1,116,000 | 1,116,000 | 1,116,000 |
| Securities available for sale | 51,678,000 | 47,098,000 | 52,979,000 | 59,074,000 |
| Securities held to maturity | 195,367,000 | 193,252,000 | 207,260,000 | 205,995,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 505,401,000 | 513,879,000 | 522,138,000 | 524,018,000 |
| Interest-bearing deposits | 462,891,000 | 470,060,000 | 475,850,000 | 478,584,000 |
| Noninterest-bearing deposits | 42,510,000 | 43,819,000 | 46,288,000 | 45,434,000 |
| Equity capital | 120,906,000 | 121,943,000 | 122,114,000 | 122,168,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,231,000 | 6,539,000 | 9,776,000 | 13,079,000 |
| Interest expense | 556,000 | 1,073,000 | 1,546,000 | 1,977,000 |
| Net interest income | 2,675,000 | 5,466,000 | 8,230,000 | 11,102,000 |
| Noninterest income | 289,000 | 596,000 | 946,000 | 1,287,000 |
| Noninterest expense | 2,618,000 | 5,024,000 | 7,691,000 | 10,474,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 353,000 | 1,050,000 | 1,494,000 | 1,927,000 |
| Income tax | 40,000 | 173,000 | 232,000 | 287,000 |
| Net income | 313,000 | 877,000 | 1,262,000 | 1,640,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 123,111,000 | 123,675,000 | 124,061,000 | 124,438,000 |