Call reports 2022
SOMERSET REGAL BANK — 2022
What SOMERSET REGAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 648,964,000 | 648,639,000 | 650,900,000 | 649,513,000 |
| Total loans | 318,163,000 | 336,498,000 | 346,945,000 | 359,579,000 |
| Allowance for loan losses | 1,116,000 | 1,116,000 | 1,116,000 | 1,116,000 |
| Securities available for sale | 52,273,000 | 47,857,000 | 42,874,000 | 41,062,000 |
| Securities held to maturity | 198,796,000 | 192,903,000 | 187,684,000 | 183,753,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 524,951,000 | 526,350,000 | 529,161,000 | 527,163,000 |
| Interest-bearing deposits | 478,816,000 | 478,058,000 | 480,831,000 | 480,161,000 |
| Noninterest-bearing deposits | 46,135,000 | 48,292,000 | 48,330,000 | 47,002,000 |
| Equity capital | 120,187,000 | 118,231,000 | 116,991,000 | 118,071,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,349,000 | 6,892,000 | 10,610,000 | 14,510,000 |
| Interest expense | 352,000 | 623,000 | 920,000 | 1,345,000 |
| Net interest income | 2,997,000 | 6,269,000 | 9,690,000 | 13,165,000 |
| Noninterest income | 327,000 | 665,000 | 1,009,000 | 1,355,000 |
| Noninterest expense | 2,737,000 | 5,569,000 | 8,935,000 | 12,283,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 583,000 | 1,357,000 | 1,756,000 | 2,231,000 |
| Income tax | 99,000 | 249,000 | 294,000 | 369,000 |
| Net income | 484,000 | 1,108,000 | 1,462,000 | 1,862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,922,000 | 125,546,000 | 125,899,000 | 126,299,000 |