Call reports 2006
SOMERSET VALLEY BANK — 2006
What SOMERSET VALLEY BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 569,223,000 | 569,224,000 | 578,570,000 | 575,347,000 |
| Total loans | 305,350,000 | 303,928,000 | 307,859,000 | 312,021,000 |
| Allowance for loan losses | 3,027,000 | 3,014,000 | 2,987,000 | 2,931,000 |
| Securities available for sale | 159,364,000 | 166,681,000 | 165,481,000 | 163,128,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 444,840,000 | 447,139,000 | 437,044,000 | 403,054,000 |
| Interest-bearing deposits | 404,483,000 | 409,109,000 | 398,275,000 | 369,086,000 |
| Noninterest-bearing deposits | 40,357,000 | 38,030,000 | 38,769,000 | 33,968,000 |
| Equity capital | 95,870,000 | 94,895,000 | 95,318,000 | 93,055,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 7,167,000 | 14,657,000 | 22,320,000 | 29,985,000 |
| Interest expense | 2,648,000 | 5,521,000 | 8,839,000 | 12,537,000 |
| Net interest income | 4,519,000 | 9,136,000 | 13,481,000 | 17,448,000 |
| Noninterest income | 430,000 | 787,000 | 1,210,000 | 1,712,000 |
| Noninterest expense | 3,441,000 | 7,021,000 | 10,787,000 | 14,232,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,508,000 | 2,898,000 | 3,965,000 | 4,989,000 |
| Income tax | 454,000 | 873,000 | 1,152,000 | 1,396,000 |
| Net income | 1,054,000 | 2,025,000 | 2,813,000 | 3,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,435,000 | 37,640,000 | 36,552,000 | 34,561,000 |
| Total capital | 40,462,000 | 40,654,000 | 39,539,000 | 37,492,000 |
| Risk-weighted assets | 356,541,000 | 351,456,000 | 347,430,000 | 349,316,000 |