Call reports 2002
SOMERSET HILLS BANK — 2002
What SOMERSET HILLS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 116,743,000 | 119,394,000 | 129,872,000 | 149,788,000 |
| Total loans | 82,681,000 | 88,951,000 | 102,163,000 | 116,796,000 |
| Allowance for loan losses | 987,000 | 1,072,000 | 1,134,000 | 1,256,000 |
| Securities available for sale | 12,458,000 | 15,355,000 | 18,998,000 | 18,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,260,000 | 103,634,000 | 107,612,000 | 129,625,000 |
| Interest-bearing deposits | 89,599,000 | 91,316,000 | 95,485,000 | 110,059,000 |
| Noninterest-bearing deposits | 11,661,000 | 12,318,000 | 12,127,000 | 19,566,000 |
| Equity capital | 12,444,000 | 12,709,000 | 12,621,000 | 16,677,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,575,000 | 3,185,000 | 4,877,000 | 6,759,000 |
| Interest expense | 712,000 | 1,362,000 | 2,038,000 | 2,773,000 |
| Net interest income | 863,000 | 1,823,000 | 2,839,000 | 3,986,000 |
| Noninterest income | 603,000 | 1,425,000 | 2,260,000 | 3,258,000 |
| Noninterest expense | 1,394,000 | 3,010,000 | 4,597,000 | 6,519,000 |
| Provision for loan losses | 115,000 | 220,000 | 295,000 | 448,000 |
| Pretax income | -33,000 | 28,000 | 217,000 | 287,000 |
| Income tax | 15,000 | 36,000 | 66,000 | 108,000 |
| Net income | -48,000 | -8,000 | 151,000 | 179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,334,000 | 11,374,000 | 11,288,000 | 15,316,000 |
| Total capital | 12,321,000 | 12,446,000 | 12,422,000 | 16,572,000 |
| Risk-weighted assets | 94,065,000 | 101,321,000 | 109,454,000 | 121,737,000 |