Call reports 2004
SOMERSET VALLEY BANK — 2004
What SOMERSET VALLEY BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 439,482,000 | 481,260,000 | 474,329,000 | 482,552,000 |
| Total loans | 278,873,000 | 272,001,000 | 292,119,000 | 302,329,000 |
| Allowance for loan losses | 2,760,000 | 2,758,000 | 2,814,000 | 2,989,000 |
| Securities available for sale | 36,642,000 | 58,271,000 | 48,347,000 | 47,294,000 |
| Securities held to maturity | 61,980,000 | 65,364,000 | 72,420,000 | 74,696,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 384,711,000 | 429,683,000 | 421,131,000 | 414,307,000 |
| Interest-bearing deposits | 320,563,000 | 366,069,000 | 359,686,000 | 347,394,000 |
| Noninterest-bearing deposits | 64,148,000 | 63,614,000 | 61,445,000 | 66,913,000 |
| Equity capital | 32,660,000 | 32,678,000 | 34,106,000 | 34,999,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 5,187,000 | 10,372,000 | 15,867,000 | 21,656,000 |
| Interest expense | 1,336,000 | 2,732,000 | 4,179,000 | 5,816,000 |
| Net interest income | 3,851,000 | 7,640,000 | 11,688,000 | 15,840,000 |
| Noninterest income | 544,000 | 994,000 | 1,822,000 | 2,319,000 |
| Noninterest expense | 2,963,000 | 5,964,000 | 9,071,000 | 12,146,000 |
| Provision for loan losses | 125,000 | 165,000 | 260,000 | 444,000 |
| Pretax income | 1,338,000 | 2,541,000 | 4,234,000 | 5,638,000 |
| Income tax | 409,000 | 780,000 | 1,306,000 | 1,741,000 |
| Net income | 929,000 | 1,761,000 | 2,928,000 | 3,897,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,317,000 | 31,543,000 | 32,742,000 | 33,674,000 |
| Total capital | 34,089,000 | 34,313,000 | 35,568,000 | 36,675,000 |
| Risk-weighted assets | 315,864,000 | 324,812,000 | 338,626,000 | 349,516,000 |