Call reports 2001
SOMERSET VALLEY BANK — 2001
What SOMERSET VALLEY BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 262,107,000 | 286,278,000 | 304,221,000 | 327,969,000 |
| Total loans | 185,462,000 | 188,064,000 | 197,329,000 | 209,508,000 |
| Allowance for loan losses | 1,895,000 | 1,957,000 | 2,027,000 | 2,106,000 |
| Securities available for sale | 29,319,000 | 23,366,000 | 32,515,000 | 33,650,000 |
| Securities held to maturity | 10,704,000 | 26,123,000 | 35,512,000 | 41,509,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,272,000 | 265,231,000 | 277,977,000 | 298,069,000 |
| Interest-bearing deposits | 209,343,000 | 226,623,000 | 237,883,000 | 257,070,000 |
| Noninterest-bearing deposits | 33,929,000 | 38,608,000 | 40,094,000 | 40,999,000 |
| Equity capital | 17,056,000 | 17,463,000 | 22,288,000 | 22,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,927,000 | 9,884,000 | 14,929,000 | 19,879,000 |
| Interest expense | 2,385,000 | 4,681,000 | 6,929,000 | 8,951,000 |
| Net interest income | 2,542,000 | 5,203,000 | 8,000,000 | 10,928,000 |
| Noninterest income | 282,000 | 620,000 | 1,014,000 | 1,328,000 |
| Noninterest expense | 2,181,000 | 4,383,000 | 6,608,000 | 8,929,000 |
| Provision for loan losses | 105,000 | 195,000 | 285,000 | 364,000 |
| Pretax income | 538,000 | 1,245,000 | 2,121,000 | 2,972,000 |
| Income tax | 191,000 | 448,000 | 762,000 | 1,048,000 |
| Net income | 347,000 | 797,000 | 1,359,000 | 1,924,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,040,000 | 16,442,000 | 21,110,000 | 21,541,000 |
| Total capital | 17,935,000 | 18,403,000 | 23,141,000 | 23,652,000 |
| Risk-weighted assets | 194,990,000 | 205,871,000 | 223,264,000 | 235,885,000 |