Call reports 2005
SOMERSET VALLEY BANK — 2005
What SOMERSET VALLEY BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 476,303,000 | 531,930,000 | 598,944,000 | 564,930,000 |
| Total loans | 298,408,000 | 305,656,000 | 307,236,000 | 300,815,000 |
| Allowance for loan losses | 3,061,000 | 3,096,000 | 3,112,000 | 3,108,000 |
| Securities available for sale | 45,797,000 | 55,523,000 | 123,667,000 | 143,584,000 |
| Securities held to maturity | 75,728,000 | 68,987,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 416,175,000 | 474,804,000 | 481,644,000 | 449,975,000 |
| Interest-bearing deposits | 352,776,000 | 407,452,000 | 412,910,000 | 408,604,000 |
| Noninterest-bearing deposits | 63,399,000 | 67,352,000 | 68,734,000 | 41,371,000 |
| Equity capital | 35,691,000 | 36,738,000 | 95,569,000 | 96,047,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 5,821,000 | 12,038,000 | 7,074,000 | 14,339,000 |
| Interest expense | 1,788,000 | 3,845,000 | 2,475,000 | 5,110,000 |
| Net interest income | 4,033,000 | 8,193,000 | 4,599,000 | 9,229,000 |
| Noninterest income | 435,000 | 854,000 | 383,000 | 754,000 |
| Noninterest expense | 3,147,000 | 6,397,000 | 3,731,000 | 7,220,000 |
| Provision for loan losses | 70,000 | 110,000 | 0 | 0 |
| Pretax income | 1,251,000 | 2,540,000 | 1,251,000 | 2,763,000 |
| Income tax | 361,000 | 699,000 | 407,000 | 894,000 |
| Net income | 890,000 | 1,841,000 | 844,000 | 1,869,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,436,000 | 35,417,000 | 35,870,000 | 37,080,000 |
| Total capital | 37,509,000 | 38,525,000 | 38,982,000 | 40,188,000 |
| Risk-weighted assets | 349,080,000 | 365,641,000 | 360,135,000 | 351,976,000 |